Australian company Origin Energy $ORG.AX has delivered outstanding financial results for the first half of 2023. Thanks to high sales of liquefied natural gas (LNG), the company has increased its underlying profit by 24%, surpassing analyst forecasts and strengthening its market position.

Australia's largest electricity producer, AGL Energy $AGLXY, recently reported its financial results for the half-year ending December 31, 2024. The company announced a decrease in its earnings, attributing it to the rising cost of living. Instead of transferring the increased electricity costs to consumers, AGL chose to absorb the higher expenses internally.