Who is the largest shareholder of AGL?
Billionaire Mike Cannon-Brookes is the largest shareholder of AGL Energy, Australia’s largest power producer. Shareholders in AGL Energy have approved all four directors proposed by Cannon-Brookes, despite opposition from the board.
What company owns AGL?
The majority ownership of AGL Energy is held by the general public. Retail investors collectively hold a stake of 58.72% in the company, allowing them to have a say in important company policies such as executive remuneration and director appointments.
Is AGL fully Australian owned?
AGL was established in 1837 and is currently a publicly owned entity. It is partially Australian owned, with over 2 million residential customers. The company’s head office is located in Sydney, and it also has call centers in Adelaide and Melbourne.
Where does AGL come from?
AGL Energy has proudly been an Australian company since 1837. For 185 years, it has been at the forefront of energy innovation in Australia.
Why are AGL shares so low?
The AGL share price has been under pressure due to several factors. The main driver of this weakness was the release of the company’s half-year results, which showed a 55% decline in underlying net profit after tax compared to the previous corresponding period.
Is AGL a good investment?
AGL Energy, while still profitable, has experienced a decrease in underlying profit and EBITDA. The underlying profit was down 58% and EBITDA was down 27%. This decline was attributed to lower earnings from trading, increased capacity costs, and the absence of insurance proceeds that boosted the previous year’s results.
Why is AGL stock down?
The AGL share price has been under pressure primarily due to the company’s half-year results, which showed a significant decline in underlying net profit after tax. The reported profit of $87 million was a 55% decline compared to the prior corresponding period.
Who are the major shareholders of AGL Energy?
Some of the major shareholders of AGL Energy include Macquarie Bank Ltd. (Private Banking), The Vanguard Group, Inc., Franklin Templeton Australia Ltd., and Vanguard Investments Australia Ltd.
What does AGL stand for?
AGL stands for Above Ground Level. In the aviation industry, AGL is used to describe the height above the ground during a flight. It is different from Mean Sea Level (MSL), which is the true altitude or elevation measured above the average height of standard sea level.
How many shareholders does AGL have?
As per the company’s most recent annual report, AGL Energy has a total of 148,145 shareholders.
What is the future of AGL share price?
The analyst consensus target price for AGL Energy shares is AU$8.88, which is 9.85% below the last closing price. Analysts predict an earnings per share (EPS) forecast of AU$0.38 for the next financial year.
Who is the largest shareholder of AGL
billionaire Mike Cannon-Brookes
MELBOURNE, Nov 15 (Reuters) – Shareholders in AGL Energy (AGL.AX), Australia's largest power producer, on Tuesday defied their board and approved all four directors proposed by the company's top shareholder, tech billionaire Mike Cannon-Brookes.
What company owns AGL
General Public Ownership
A big stake of 58.72% in SVL is held by the general public. With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.
Is AGL fully Australian owned
AGL was established in 1837 and currently has over 2 million residential customers – it is a publicly owned entity, which means it is partially Australian owned. Its head office is in Sydney with a call centres in Adelaide and Melbourne.
Where does AGL come from
Proudly Australian since 1837
For 185 years, AGL Energy has been at the forefront of energy innovation in Australia.
Why are AGL shares so low
Why is the AGL share price under pressure The main driver of this weakness has been the release of its half-year results from last month. AGL reported underlying net profit after tax of $87 million, which was a 55% decline on the prior corresponding period.
Is AGL a good investment
Although AGL is profitable, its underlying profit was down 58% (at $225m) and EBITDA was down 27% (at $1.2bn). This was due to lower earnings from trading, increased capacity costs and the absence of insurance proceeds that inflated FY21's results.
Why is AGL stock down
Why is the AGL share price under pressure The main driver of this weakness has been the release of its half-year results from last month. AGL reported underlying net profit after tax of $87 million, which was a 55% decline on the prior corresponding period.
Who are the major shareholders of AGL Energy
AGL ENERGY LTD
| Name | Equities | % |
|---|---|---|
| Macquarie Bank Ltd. (Private Banking) | 21,623,740 | 3.21% |
| The Vanguard Group, Inc. | 15,711,116 | 2.34% |
| Franklin Templeton Australia Ltd. | 15,271,095 | 2.27% |
| Vanguard Investments Australia Ltd. | 11,992,047 | 1.78% |
What does AGL stand for
Above Ground Level, or AGL, describes the literal height above the ground over which you're flying. Mean Sea Level, or MSL, is your true altitude or elevation. It's the average height above standard sea level where the atmospheric pressure is measured in order to calibrate altitude.
How many shareholders does AGL have
The sheer number of shareholders distributed across AGL's registry totals 148,145 investors as of its most recent annual report.
What is the future of AGL share price
The analyst consensus target price for shares in AGL Energy is AU$8.88. That is 9.85% below the last closing price of AU$9.85. Analysts covering AGL Energy currently have a consensus Earnings Per Share (EPS) forecast of AU$0.38 for the next financial year.
Is AGL going to recover
Atkins says despite disappointing earnings in the current financial year, the rebound in electricity prices should underpin a strong recovery in fiscal 2024. “For AGL, [earnings] will be driven by stronger retail electricity prices, they're going up by about 20% in most states on the first of July.
What is the price target for AGL
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for AGL Energy Ltd have a median target of 6.34, with a high estimate of 6.85 and a low estimate of 5.81. The median estimate represents a +2.89% increase from the last price of 6.16.
Is AGL a good buy
Price-To-Sales vs Peers: AGL is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (2x).
Is AGL in debt
Australia's AGL Energy refinances $1.1 billion debt for renewable growth projects | Reuters.
Where is AGL based
Sydney, New South
AGL Energy
| Type | Public |
|---|---|
| Headquarters | Sydney, New South Wales, Australia |
| Key people | Damien Nicks (CEO) |
| Products | Energy Natural gas Wind power Hydroelectricity Coal seam gas Telecommunication |
| Services | Electricity generation Electricity distribution Electricity retailing Natural gas distribution and retailing |
Is it good to invest in AGL
AGL may be cheap if its earnings can rebound over the next few years, but it faces a lot of challenges, including creating a large amount of renewable energy generation. If investors believe in the turnaround, this could be a good time to consider the business.
What is the recommendation for AGL stocks
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for AGL Energy Ltd have a median target of 6.43, with a high estimate of 6.94 and a low estimate of 5.81. The median estimate represents a -1.79% decrease from the last price of 6.55.
What is high peak energy price target
Stock Price Forecast
The 3 analysts offering 12-month price forecasts for Highpeak Energy Inc have a median target of 40.00, with a high estimate of 40.00 and a low estimate of 8.00. The median estimate represents a +178.36% increase from the last price of 14.37.
Will AGL pay a dividend
In the 2024 financial year, the projection on Commsec suggests AGL shares might pay an annual dividend per share of 56 cents, which would be a dividend yield of 6.4%.
Is High Peak Energy a good stock to buy
Valuation metrics show that HighPeak Energy, Inc. may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of HPK, demonstrate its potential to outperform the market.
Is HighPeak Energy a good investment
HighPeak Energy has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
What is the best energy company to invest in
Best energy stocks as of June 2023
| Company and ticker symbol | Performance in 2023 |
|---|---|
| ExxonMobil (XOM) | -7.4% |
| Targa Resources (TRGP) | -7.4% |
| Baker Hughes (BKR) | -7.7% |
| Occidental Petroleum (OXY) | -8.5% |
What is the best energy stock
11 Best Energy Stocks to Buy in 2023
| Energy stock | Forward dividend yield (as of May 31) | Market capitalization (as of May 31) |
|---|---|---|
| NextEra Energy Inc. (NEE) | 2.6% | $148.6 billion |
| TC Energy Corp. (TRP) | 7% | $40 billion |
| Williams Cos. Inc. (WMB) | 6.3% | $34.9 billion |
| NOV Inc. (NOV) | 1.4% | $5.5 billion |
What is the target price for HighPeak energy
Stock Price Forecast
The 3 analysts offering 12-month price forecasts for Highpeak Energy Inc have a median target of 40.00, with a high estimate of 40.00 and a low estimate of 8.00. The median estimate represents a +178.36% increase from the last price of 14.37.
