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Origin Energy corporate - reported results analysis

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01 November 2016

Origin Energy corporate - reported results analysis

Report summary

A good set of results from Origin, with APLNG Train 2 coming online and Train 1 performing above expectations. Production rose 8% quarter-on-quarter, contributing to a 32% sequential uplift in revenues. With gas prices starting to recover and Train 2 ramping-up, Origin will now turn its attention to reducing net debt. Investors will be keeping a close eye on APLNG's performance and the company's next strategic moves.

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