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Highlights

  • Frontier Energy posts a half-year loss of AUD 0.21 m, down from AUD 2.17 m.
  • LGI expects underlying EBITDA growth of 25–30% is expected in FY26
  • Origin Energy achieves statutory profit of AUD 1,481 m and underlying profit of AUD 1,490 m.

The S&P/ASX 200 Utilities Index [XUJ] closed at 10,026.60 points on 26 September, reflecting an 11.61% increase over the past year. Notably, three utility stocks outperformed the broader index with higher yearly gains and underscoring their resilience and growth potential within the sector.


Frontier Energy Ltd

Frontier Energy Ltd (ASX:FHE) is an Australian energy company focused on the exploration, development, and production of oil, gas, and energy-related assets. The company operates both domestic and international projects.

Frontier Energy reported a net loss of AUD 0.21 m in the half-year ended 30 June 2025, a reduction from AUD 2.17 m in the prior period. Losses from continuing operations were AUD 1.58 m, partly offset by a profit of AUD 1.37 m from discontinued operations. Other comprehensive loss was AUD 0.02 m, bringing total comprehensive loss to AUD 0.23 m. Cash at banks declined from AUD 14.33 m to AUD 5.29 m, mainly due to AUD 7.99 m invested in property, plant, and equipment. Total assets were AUD 82.43 m, with current liabilities of AUD 0.86 m, resulting in net assets of AUD 81.58 m. Equity comprised AUD 120.91 m in contributed equity, AUD 3.12 m in reserves, and accumulated losses of AUD 41.80 m.

LGI Limited

LGI Limited (ASX: LGI) is a market leader in recovering biogas from landfill and converting it into renewable electricity and environmental products. For FY25, the company reported statutory and underlying EBITDA of AUD 17.4 million, up 14% year-on-year and within guidance. Operational results set new records, with gas flow reaching 127.7 million cubic meters (up 11%), electricity generation of 109 GWh (up 13%), and 493,000 ACCUs produced (up 14%). Electricity generating capacity rose 43%, supported by the Canberra (Mugga Lane) upgrade and a new Sydney (Eastern Creek) facility, both delivered on time and within budget. LGI also entered an agreement with Waste Asset Management Corporation (WAMC) to build and operate a 12MW/24MWh grid-connected battery in NSW, while extending its Shoalhaven City Council contract by 25 years. Looking ahead, underlying EBITDA growth of 25–30% is expected in FY26, subject to market conditions and project timing.

Origin Energy Limited

Origin Energy Limited (ASX:ORG) is one of Australia’s leading integrated energy companies that operates across domestic and international markets, including upstream gas exploration and LNG production, energy retail, and innovative clean energy solutions.

Origin Energy reported a statutory profit of AUD 1,481 m in FY25, up from AUD 1,397 m in FY24. Underlying profit increased to AUD 1,490 m, compared with AUD 1,183 m in the prior year, largely due to lower income tax expense from fully franked dividends received from Australia Pacific LNG. Underlying EBITDA declined to AUD 3,411 m from AUD 3,528 m, as higher earnings in Integrated Gas partially offset lower earnings in Energy Markets and Octopus Energy.

The Board declared a fully franked final dividend of 30 cps, bringing total fully franked dividends for FY25 to 60 cps, up from 55 cps in FY24 and representing 86% of adjusted free cash flow.