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When is AGL Energy going to grow up? – RenewEconomy
As things stand, and without big change, AGL will remain a sad old play on electricity prices with ageing assets that no one wants.
Why do AGL Energy (and Origin Energy) insist on being losers?
AGL’s share price was down 10% on its results day, because its FY2021 guidance was way below expectations. It’s back book of low price gas is quickly running out (easily predicted some 5 or 6 years ago) and electricity futures are back to the old days. And as things stand, thats the way it will always be for AGL, a sad old play on electricity prices with ageing assets that no one wants.
I cherry picked three leading green utilities …
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