The last 3 months have been productive for the Origin Energy Ltd (ASX: ORG) share price.
Exactly 3 months ago today, Origin Energy's stock closed at $4.35. At the time of writing, the Origin Energy share price is $4.985. That represents a gain of 14%.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has fallen 1.97% over that same period.
A barrage of news has likely helped boost the energy provider's stock to outperform the general market. Let's take a look at what Origin has been up to over the last 3 months.
Image source: Getty Images
What's been driving the Origin share price lately?
The Origin share price has been buoyed by an avalanche of announcements over the last 90 days.
Just slipping into that window was the company's results for financial year 2021. Origin posted a loss of around $2.2 billion and a 32% drop in its earnings before interest, tax, depreciation, and amortisation (EBITDA) compared to the previous financial year.
But Origin's luck soon turned around. In September, the company announced the value of its stake in Octopus Energy had increased to around $5.5 billion.
Origin's stock gained 5% on the back of the news.
The next time the market heard price sensitive news from Origin was on 25 October. Then, the company announced its plan to sell 10% of its stake in Australia Pacific LNG for $2.12 billion.
The Origin share price ended that day 3% higher than it finished the previous session.
However, the latest news from Origin wasn't received nearly as well.
Origin released its quarterly update on 29 October, spurring its stock's value to fall by 1.3%.
Within the update, the company outlined mixed results for the 3 months ended 30 September.
Right now, the Origin share price is 5.14% higher than it was at the start of 2021. It has also gained 4.8% since this time last year.
