Business
Origin Energy (ASX:ORG) share price is 50% down in 2020. Where to next? – Motley Fool Australia
The Origin Energy Ltd (ASX: ORG) share price has plummeted this year due to a COVID-19 slump in energy demand. Can Origin Energy recover?
Australia’s third biggest energy company by market cap, Origin Energy Ltd(ASX: ORG), has lost more than half its value this year, with the share price slumping 52% year to date (YTD).
The dismal performance of Origin Energy’s share price is largely in line with the broader energy sector’s performance, in which the ASX 200 Energy Sector Index(ASX: XEJ) has lost more than 45% YTD.
Australia’s other two biggest energy companies have also done miserably in 2020, with Woodside Petroleum Limited(ASX:…
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