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Origin Energy Limited Reducing debt and improving returns

Reducing debt and improving returns: Recently, Origin Energy Limited (Origin) had entered into an agreement with Jemena Gas Pipelines Holdings Pty Ltd (Jemena) for the sale of Darling Downs Pipeline Network for $392 million. The transaction lifts sales from Origin’s asset divestment program announced in September 2015 to $1 billion, considerably higher than the original $800 million target and the

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3 catalysts to push Origin Energy Ltd shares higher this year

Reducing debt and improving returns: Recently, Origin Energy Limited (Origin) had entered into an agreement with Jemena Gas Pipelines Holdings Pty Ltd (Jemena) for the sale of Darling Downs Pipeline Network for $392 million. The transaction lifts sales from Origin’s asset divestment program announced in September 2015 to $1 billion, considerably higher than the original $800 million target and the

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Santos Ltd Ongoing cost control focus and positive guidance

Ongoing cost control focus and positive guidance: Santos Ltd (ASX: STO) stock rallied over 8.2% on July 20th, 2017 after the group’s strong second quarter performance. Santos controlled their net debt position by US$600 million to US$2.9 billion as compared to 2016 year end and expects a free cash flow breakeven for 2017 which currently reached US$33 per barrel from US$47

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Origin Energy Ltd is a 42.5% joint venture partner in the BassGas project located in production license T/L1 offshore Tasmania via subsidiaries.

Origin Energy Ltd is a 42.5% joint venture partner in the BassGas project located in production license T/L1 offshore Tasmania via subsidiaries. Other joint venture partner AWE Limited advised that the final phase of the MLE project works at BassGas (installation and successful commissioning of compressor and condensate pumping unit at the Yolla-A platform) has been completed ahead of time

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One mid-cap stock to hold – Caltex Australia Limited

2017 Half year profit guidance: On an HCOP (Historic Cost Profit) basis, the after-tax profit is expected to be within a range of $250 million and $270 million for the 2017 half year including significant items. Significant items are forecasted to be a loss of approximately $5 million before tax (representing the previously disclosed $20 million franchise employee assistance fund

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During May 2017, Caltex (ASX: CTX) has completed the acquisition of Milemaker Petroleum’s retail fuel business assets in Victoria for $95 million

During May 2017, Caltex (ASX: CTX) has completed the acquisition of Milemaker Petroleum’s retail fuel business assets in Victoria for $95 million. The acquisition brings 46 Milemaker sites into the core Caltex network in Melbourne. Further, the company will invest in the network to deliver an enhanced fuel and convenience offer to customers across Melbourne. Importantly, Milemaker has a competitive

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Oil Search Limited Update On InterOil Bidding Proposal

Update on InterOil bidding proposal: Oil Search Limited (ASX: OSH) surged 3.9% on July 18, 2016 post market views about Exxon Mobil superior bidding deal for U.S. listed InterOil (IOC). Specifically, RBC Capital Markets’ believes the superior proposal from Exxon to be positive for OSH as OSH would receive a US$60 million break fee from InterOil (of which France’s Total

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