Latest Gas News

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.

APA Group has announced a 30 cents per security final distribution for the first half of 2025, outlining detailed tax components for its infrastructure and investment trusts.

APA Group reported a robust FY25 with underlying EBITDA rising 6.4% to $2.015 billion and distribution per security increasing by 1 cent to 57.0 cps, underpinned by resilient operations and strategic growth initiatives.

APA Group delivered robust FY25 financial results with earnings near the top of guidance and announced confident FY26 growth plans, underpinned by cost reductions and a $2.1 billion project pipeline.

APA Group reported solid FY25 financial results with revenue and EBITDA growth, advanced key infrastructure projects, and meaningful progress on climate targets, while navigating executive leadership transitions.

Spark New Zealand reported FY25 results within updated guidance, unveiling a strategic sale of a majority stake in its data centre business and a renewed five-year focus on core connectivity. The company’s transformation and capital management reset aim to stabilize performance and deliver sustainable shareholder returns.

Pilot Energy has received a $3.9 million Petroleum Resource Rent Tax refund linked to decommissioning activities at the Cliff Head Oil Field, reinforcing its shift toward clean energy projects.

SEEK Limited posted a modest 1% rise in revenue for FY2025, while adjusted profit from continuing operations fell 13%, reflecting higher amortisation costs post-platform unification. The company also reacquired Sidekicker, boosting its contingent labour market presence.

Woodside Energy Group Ltd has reported a robust first half of 2025, marked by strong production growth, reduced costs, and solid financial returns, while advancing key LNG projects and sustainability goals.