AGL

Agl Energy Limited.

Utilities

AGL Energy Limited is a leading integrated energy provider in Australia, offering electricity generation, gas sales, and energy services to residential, small and large business customers. AGL plays a significant role in Australia's energy market with its large portfolio of power generation assets. Its unique value proposition lies in its commitment to transitioning towards renewable energy and re...

utilities

electricity generation

renewable energy

retail energy

Shorted

short percentage3.27%

reported shorts22M

shares on issue672.747M

Shorted

short percentage

reported short positions

total shares on issue

About

website

agl.com.au

industry

Utilities

address

Level 24, 200 George Street, SYDNEY, NSW, AUSTRALIA, 2000

Connect

Key Metrics

market cap

$6.12B

price$9.09

eps$-0.15

dividend yield54800.00%

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Historical Price Data

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Industry & Focus

utilities

electricity generation

renewable energy

retail energy

gas sales

Company Overview

AI-generated company summary

Company History

AGL Energy Limited was founded in 1837 as the Australian Gas Light Company, marking its origins in the gas lighting industry in Sydney. Transitioning over the years, AGL became a publicly listed company in 2006 following the merger with Alinta. Major milestones include expanding into the electricity market and pioneering in the use of renewable energy sources. The company has been at the forefront of the transition from coal-based energy to sustainable solutions.

Competitive Advantages

AGL's competitive advantages include its large-scale renewable and low-emission generation assets, its commitment to transitioning from coal-based power to renewable energy, and a substantial customer base that provides a stable revenue stream.

Risk Factors

•Transition risks associated with moving to renewable energy sources
•Regulatory changes impacting the energy sector
•Market competition from new energy market entrants and alternative energy sources

Recent Developments

Last 6 months

In the past six months, AGL Energy has announced its plan to exit coal by 2045 while targeting significant investments in renewable energy and battery storage solutions. Additionally, it reported steady financial performance driven by strong retail and commercial energy demand.

Key People

Leadership team at Agl Energy Limited.

Damien Nicks

CEO

Damien Nicks joined AGL Energy in 2013 and has held many roles leading to his current position as CEO. With extensive experience in finance and operational management, he has played a pivotal role in driving the company's strategy towards renewable energy.

Gerry Hickman

CFO

Appointed as CFO in 2021, Gerry Hickman has leveraged his financial acumen and strategic insight to support AGL's transition strategy within a rapidly changing energy landscape.