AGL - AGL Energy

[Craton]

Locally and adding to AGL's solar and wind farms, the first sod of soil was turned for AGL's BESS project.

 

[orr]

Now's the only time since the ousting of Andrew Vesye I've contemplated putting a dollar toward this company.... but it's a long road back. So much so many oppertunaties squandered. If only I had the foresight, the billion$, the contacts/network, the Will......

 

[Smurf1976]

Locally and adding to AGL's solar and wind farms, the first sod of soil was turned for AGL's BESS project.

Separate to that one at Broken Hill, at Torrens Island (Adelaide) AGL's battery project is well under construction and due to be operating next year.

 

[sptrawler]

AGL to accelerate the closure of Torrens B station nearly a decade earlier than planned.

Australia's AGL Energy announces closure of Torrens Island 'B' power station

Australia's AGL Energy Ltd on Thursday disclosed plans to shut down its gas-fired Torrens Island 'B' power station in South Australia in June 2026, having closed the final unit at the 'A' power station just a few months ago.

www.reuters.com

Nov 24 (Reuters) - Australia's AGL Energy Ltd (AGL.AX) on Thursday disclosed plans to shut down its gas-fired Torrens Island 'B' power station in South Australia in June 2026, having closed the final unit at the 'A' power station just a few months ago.

The country's top power producer said the decision to shut down power station 'B', which commenced operations in 1976, was made after consulting stakeholders such as the South Australian government and was done in part due to the company's transformation of Torrens site into a low-carbon energy hub.
AGL in September flagged the closure of the final 'A' station unit at the Torrens Island site and said it will begin the decommissioning process, which involves the removal of all liquids and gases from the plant.
Separately, AGL unveiled plans in September to spend up to A$20 billion ($13.46 billion) on renewable energy by 2036 and bring forward its exit from coal-fired generation by a decade.

The first of the four power-generating units at the station had been deactivated in October 2021, and AGL expects all units to be retired by June 30, 2026.


These closure plans are not expected to have a material impact on underlying profit in fiscal 2023 or over the longer term owing to the economic viability of the station, the company added.

AGL to close South Australia power plant

AGL has announced plans to close a gas-fired power station in Adelaide in 2026, following extensive consultation with stakeholders.

www.perthnow.com.au

I do hold.

 

[Maelinar]

Some quick maths, MCB initial position at $8.62 (5.67m + 19.1m shares) were worth $653m and at current share value $7.86 is now worth $595m.

On the flipside, as AGL is a nice dividend company
@ $0.10 - $7.58m
@$0.20 - $15.16m
@$0.40 - $30.3m
@$0.50 - $37.9m
@$0.60 - $45.4m

Masterstroke ?

 

[sptrawler]

Still in the box seat as the Government ties itself up in knots more and more, now that the major competitor has gone green, it opens more avenues for AGL to leverage its market position and close plants when it suits as opposed to when they are told.
I expect some serious announcements by the end of 2023 regarding the East Coast electricity supply and I'm hoping they are a positive for AGL. But I've been disappointed before, however still hold on a purchase price of $6.05, so still in the black.

 

[CanOz]

Still in the box seat as the Government ties itself up in knots more and more, now that the major competitor has gone green, it opens more avenues for AGL to leverage its market position and close plants when it suits as opposed to when they are told.
I expect some serious announcements by the end of 2023 regarding the East Coast electricity supply and I'm hoping they are a positive for AGL. But I've been disappointed before, however still hold on a purchase price of $6.05, so still in the black.

There are several factors that could potentially impact the advance of AGL Energy's share price. Some potential positives for the company's share price include:

• Strong financial performance: AGL Energy has a strong track record of financial performance, with consistently high revenues and profits. This could increase investor confidence in the company and lead to an increase in its share price.
• Diversified operations: AGL Energy has a diverse range of operations, including electricity generation, gas exploration and production, and retail energy sales. This diversification could provide the company with a degree of stability and help to protect it from fluctuations in any one particular area of the energy market.
• Government support: The Australian government has implemented a number of policies and initiatives to support the renewable energy sector, which could benefit AGL Energy as a major player in the industry.

On the other hand, there are also several potential negatives that could impact AGL Energy's share price:

• Competition: AGL Energy faces competition from other energy companies in the Australian market, which could impact its revenues and profitability.
• Regulatory risks: The energy sector is heavily regulated, and changes to regulations or government policies could have an impact on AGL Energy's operations and financial performance.
• Environmental risks: The energy sector is also subject to increasing scrutiny and pressure to reduce its environmental impact. If AGL Energy is perceived as not taking sufficient action to address environmental concerns, it could negatively impact its share price.

It's important to keep in mind that these are just a few of the potential factors that could impact AGL Energy's share price, and the company's actual performance may be influenced by a wide range of other factors as well.


Cheers,


CanOz

 

[sptrawler]

Big jump in rice today. ?

Top emitter AGL sets targets for replacing coal with cleaner power

AGL is confident the bumpiest year of the green energy transition is now behind it as higher wholesale power prices help it return to profit.

www.smh.com.au

Energy giant AGL is expecting to more than double its earnings in the coming year on the back of a sharp recovery in wholesale electricity prices and improved reliability across its coal-fired power stations following a spate of costly breakdowns in 2022.
After slumping to a $1.1 billion loss in the final six months of last year, the electricity and gas supplier, which is responsible for 8 per cent of Australia’s greenhouse gas emissions, delivered upgraded full-year profit targets on Friday morning.

 

[debtfree]

Can't believe it, 1 year since the last post. AGL has turned it around, Short term EMAs above Long term now and has been stronger than XAO for the last couple of months.
Highest close for over 6 months on Friday with good volume.

 

[Dona Ferentes]

Can't believe it, 1 year since the last post. AGL has turned it around, Short term EMAs above Long term now and has been stronger than XAO for the last couple of months.
Highest close for over 6 months on Friday with good volume.

View attachment 179174

not only turned around but, for once, the asset strippers didn't get hold of it..

 

[rcw1]

Good evening

Announcement 19/12/24 in part and attached:

• 19 December 2024 AGL Energy Limited (AGL) today announced that the Federal Court has ordered that four AGL subsidiaries pay a total penalty in the amount of $25 million in proceedings brought by the Australian Energy Regulator (AER);
• in which the Court determined that AGL breached the National Energy Retail Rules by failing to notify and refund approximately 500 customers within the required timeframe in relation to Centrepay payments.

** 2024 Annual General Meeting 25 September 2024 (see attached)
Final FY24 dividend of 35 cents per share, which was paid yesterday, resulting in a total dividend for FY24 of 61 cents per share. From the FY25 interim dividend, AGL intends to begin paying partially franked dividends.

** FY24 financial performance, in summary, results in line with FY24 earnings guidance. Underlying Net Profit after tax, which excludes the movements in the fair value of financial instruments and significant items, was $812 million, up 189% from FY23 and Underlying EBITDA was $2,216 million, up 63% on FY23.


Some charts:
Hourly

Daily

Not holdng

Kind regards
rcw1

 

[Dona Ferentes]

AGL is targeting EV owners, looking to grow its customer base without drawing more of its power reserves at peak times. That means it has more power to be sold into wholesale markets in peak times when prices are high, which is good for earnings.

AGL says the average EV account holder uses about 60 per cent more power than a non-EV household customer each year. However, EV customers use about four times the power overnight.

AGL’s next step is broadening out these sorts of load-shifting products to other things – hot water tanks, pool filters, washing machines and whatever else it can.



too binary to bet on...

 

[finicky]

AGL Energy (AGL) $8.88

AGL -13.11%: disappointed as FY25 annual profit and FY26 guidance fell short of expectations, prompting a steep dividend cut. The stock slid as much as 14% to a new 52-week low, marking its sharpest one-day fall since October 2007.
Revenue grew 6.0% to $14.39 billion from $13.58 billion.
Underlying profit $640mn, -21% YoY, missing expectations by ~5%.
Underlying Ebitda $2.01bn, -9.3% YoY.
Underlying EPS $0.951 versus $1.027 YoY.
Final dividend was cut almost 30% to 25c versus 35c YoY.
Looking ahead, AGL is banking on renewables to revive its fortunes, but its FY26 forecast came in about 11% below expectations. Overall, the result was underwhelming, prompting us to reassess our position in the MM Active Income Portfolio.
marketmatters.com.au

The Match Out: CBA sells off, drags ASX down with it - Market Matters

The Match Out: CBA sells off, drags ASX down with it Market Matters - ASX buy recommendations

marketmatters.com.au

 

[finicky]

AGL Energy Raised to Overweight at JPMorgan; PT A$11.60
AGL Energy Raised to Neutral at Barrenjoey; PT A$11
AGL Energy Cut to Sector Perform at RBC; PT A$10

Not Held

 

[IvoryWolf]

Here’s a potential trade for AGL Energy Limited (AGL) that appeared in the weekly scans - further details available at the TradingView link through the linking page below:

Steven Haas (IvoryWolf)

Active trading of ASX/US stocks and crypto markets - subscribe for regular trade suggestions and discussions with an active, supportive community!

ivorywolf.start.page

 

[Antirnator]

Government bailouts are awesome! Free Money!

 

[countrylad]

Government bailouts are awesome! Free Money!

View attachment 209240

If only we had enough resources and technological advances to supply the entire country with cheap reliable electricity.

 

[IvoryWolf]

With increased nervousness in the markets of late, and more investor interest in the utilities sector (Australian XUJ and United States XLU), thoughts are heading more towards this area of the market and the recent trade that popped up in the scans with AGL Energy (AGL), which supports reasons for selection of AGL as the competition entry for October 2025.

Paying specific attention to AGL, the technical analysis from above remains intact with a potential breakout from a previously formed bearish Darvas box setup - should this be accompanied by increasing DMI/ADX and RSI, alongside decent volume, then that would be confirmation.