Australian Power and Gas Company Ltd.

0.35

The ASX is currently closed for trading or there is no movement for this stock

Australian Power and Gas Company Limited is an Australia-based company engaged in the sale and distribution of electricity and gas to households. The Company operates in one primary geographic and business segment, which is the Australian retail energy industry mainly covering the regions of Quensland, Victoria and New South Wales and provides electricity and gas to customer in Australian states. The Company provides electricity and gas to over 341,000 customer accounts in the eastern states of Australia. The Company’s wholly owned subsidiaries include Australian Power and Gas Pty Limited, Australian Power and Gas Pty Limited, APG Operations Pty Limited, Greentricity Pty Limited, Ignition Energy Pty Limited and IQ Energy Pty Limited.

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Why AGL is underperforming

MAY 03, 2013

The increased competition within the retail market and question marks over energy pricing, along with certain company specific issues, has flowed through to AGL and competitors Origin Energy (ASX: ORG) and Australian Power and Gas Company (ASX: APK), leading them all to significantly underperform the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) over the past 12 months.

8652607

ALSO MENTIONS

AGK, ASX, ORG, APK

Consumers pay up for power privatisation

APR 29, 2013

In December last year, AGL Energy (ASX: AGK) announced plans to increase prices by 10.4% from the middle of this year, following price rises by competitors Origin Energy (ASX: ORG), ERM Power (ASX: EPW) and Australian Power and Gas Company (ASX: APK) in response to the introduction of the carbon tax.

8650194

ALSO MENTIONS

AGK, ASX, ORG, AFR, APK, CPI

One third of Aussies have no savings

FEB 18, 2013

Utilities companies such as Origin Energy (ASX: ORG), AGL Energy (ASX: AGK), ERM Power (ASX: EPW), and Australian Power and Gas Company (ASX: APK) have raised prices due to the introduction of the carbon tax, and the industry has come in for criticism for overcharging users.

8612423

ALSO MENTIONS

AGK, ASX, ORG, APK, ERM

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