AGK

AGL Energy (ASX:AGK) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

• AGL Energy Profit for the 6 months was $364.7 million up 211.7 percent on the prior corresponding period.
• AGK Underlying profit was $279.4 million, up 20 percent.
• AGL Energy Revenue was $4.97 billion, up 37.5 percent.

Australian energy supplier, AGL Energy (ASX:AGK) have released their full year financial results for FY 2012 to the ASX stockmarket.

• Full year profit $115 million, down 79 percent from $558.7 million the previous year.
• Underlying profit is up 12 per cent to $482 million, from $431.1 million, in line with company guidance of $470m-$500m.

There are no floats but there are a couple of ex-dividends scheduled for tomorrow and there are quite a few companies who are holding their Annual General Meeting on Thursday October 27, 2011.

Annual General Meetings

Here is a list of companies who have scheduled an AGM on Thursday:

EGMs and floats trail behind with two companies each, while there are 6 stocks that are scheduled to go on ex-dividend this weekend, September 2, 2011.

Dividends

Negative Stock Price Action from these ASX100 companies this week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (50th week: 13th December to 17th December 2010). Company shares with negative price action included: BBG, BOQ, CQO, MAP, MCC, TSE, UGL, TEN, AGK, LEI, JBH, AN, FXJ, ANN, RIO.

Worst Performing Shares of the Week on the ASX 100 S&P Index. These Shares decreased their share price by the most percentage points on the Australian share market, the Australian Securities Exchange (ASX) from the last week of trading (41st week of 2010: 11th to 15th October). Worst performing Australian top 100 public companies this week include: HVN, BBG, SEK, MQG, BSL, JBH, OST, WES, ORI, BOQ, AGK, SKI, WOW, BXB, PRY.

Australian oil and gas explorer Mosaic Oil (ASX:MOS) has accepted a takeover offer by AGL Energy (ASX:AGK), valuing Mosaic at $130 million. The board of directors recommended the offer unanimously. The bidder had sweetened the deal at 15 cents per share or 1.01 AGL share on every 100 fully paid Mosaic stocks.

AGL Energy (AGK), the leading energy company in Australia which focuses on a wide range of energy related businesses in the country including the sales of electricity and gas, energy processing infrastructure, power generation, natural gas production facilities development, extraction, exploration and coal seam methane gas (CSM) production is planning to “fast-track” the Macarthur wind farm that worth as much as $800 million.