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Australia's Origin Energy hits six-month high as higher prices increase APLNG revenue

By Reuters News

** Shares of Origin Energy ORG.AX rise as much as 2.1% to A$12.33, their highest level since April 27

** Stock logs its biggest intraday pct gain since October 15

** Revenue from co' Australia Pacific LNG venture rises to A$667 million ($469 million) for September quarter, compared with A$497 million in the June quarter

** Realised LNG prices rise 33.6% q/q to $13.27/mmBtu for its LNG product from the APLNG project in Queensland

** Electricity sales volumes increase 3% on stronger business demand, including from data centre customers

** Production share from APLNG falls 1% q/q to 44.8 petajoules, while total sales rise 1%

** YTD, stock up about 7.7%, including the session's moves


($1 = 1.4221 Australian dollars)

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