|Bid||30,350.00 x 0|
|Ask||30,400.00 x 0|
|Day's Range||30,200.00 - 30,750.00|
|52 Week Range||30,200.00 - 45,000.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||790.00 (2.48%)|
|1y Target Est||39,551.00|
Moody's Investors Service says that Korea Electric Power Corporation's (KEPCO, Aa2 stable) results for 1H 2018 were weaker than expected, with prospects for a modest recovery in the company's profits in 2019-20. "KEPCO announced an operating loss for 2Q 2018 following operating losses in the previous two quarters, mainly due to increased fuel costs and lower nuclear utilization," says Mic Kang, a Moody's Vice President and Senior Credit Officer. "But the weak results will have no immediate impact on KEPCO's ratings because of a likely moderate improvement in its credit metrics in 2019-20 from 2018 and the very high likelihood of extraordinary support from the Government of Korea built into KEPCO's rating," adds Kang.
South Korea's Korea Electric Power Corp (KEPCO) has lost its preferred bidder status to buy Toshiba's NuGen nuclear project in Britain as Toshiba looks at other alternatives, the Japanese company said on Tuesday. The project in Moorside, northwest England, was expected to provide around 7 percent of Britain's electricity when built, but has faced setbacks after Toshiba's nuclear arm Westinghouse went bankrupt last year.
Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured US dollar bonds to be issued by Korea Hydro & Nuclear Power Co., Ltd. (KHNP, Aa2 stable). The bonds will be issued under KHNP's existing USD5.0 billion Global Medium Term Note (MTN) program, which is rated (P)Aa2. KHNP plans to use the proceeds for the financing and/or refinancing of new or existing projects to develop and operate renewable energy and lower carbon transportation systems, and to improve energy efficiency of its facilities and buildings.
Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured US dollar bonds to be issued by Korea East-West Power Co., Ltd. (EWP, Aa2 stable). "The Aa2 rating reflects EWP's close operational and financial relationships with its parent, Korea Electric Power Corporation, as well as its strategic importance to Korea's economy," says Mic Kang, a Moody's Vice President and Senior Credit Officer. Moody's expects that both Korea Electric Power Corporation (KEPCO, Aa2 stable) and the Government of Korea (Aa2 stable) will take strong measures to contain any material widespread disruptions to EWP's operations, if and when needed, due to the company's close relationship with KEPCO and its important role as a major power generator in the country.
Rosatom is in talks with Jordan to revive a deal to build a nuclear plant in the kingdom, according to the deputy CEO of the Russian company, which is looking to add another nuclear newcomer nation to its customer list. The state-owned firm is the clear leader in the global nuclear industry after two of its biggest rivals, Areva and Westinghouse, hit financial troubles, and it has a track record of building plants in countries without any nuclear tradition.
LONDON, UK / ACCESSWIRE / July 10, 2018 / If you want a free Stock Review on CIG sign up now at www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Companhia Energetica de Minas Gerais (NYSE: CIG), Entergy Corp. (NYSE: ETR), FirstEnergy Corp. (NYSE: FE), and Korea Electric Power Corp. (NYSE: KEP).
State-run utility Korea Electric Power Corp (KEPCO) had been shortlisted to bid for a nuclear project in Saudi Arabia along with the United States, France, China and Russia, South Korea's energy ministry said on Sunday. "We were informed by our Saudi counterpart, King Abdullah City for Atomic and Renewable Energy, that KEPCO was shortlisted for a nuclear project in Saudi Arabia," the ministry said in a statement.
The United Arab Emirates’ nuclear regulator on Sunday said the start-up of a reactor at the country's first nuclear power plant, which has already been delayed, would depend on the outcome of further reviews of the project. The $24.4 billion (18.47 billion pounds) Barakah power plant is the world’s largest nuclear project under construction and will be the first in the Arab world. The plant with four reactors has total capacity of 5,600 megawatts (MW) of electricity.
The importance of President Donald Trump’s recent meeting with North Korean dictator Kim Jong Un cannot be overstated. Instead, Trump demonstrated previously inconspicuous restraint. With this sudden shift toward rapprochement, President Trump may have secured his reelection.
LONDON, UK / ACCESSWIRE / June 6, 2018 / If you want a free Stock Review on CIG sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com takes a look at the Electric Utilities space, which comprises companies that are engaged in electricity generation and distribution for sale generally in a regulated market. Under evaluation today are the following stocks: Companhia Energetica de Minas Gerais (NYSE: CIG), Entergy Corp. (NYSE: ETR), FirstEnergy Corp. (NYSE: FE), and Korea Electric Power Corp. (NYSE: KEP).
Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured US dollar notes to be issued by Korea Western Power Co., Ltd. (KOWEPO, Aa2 stable). The rating outlook is stable. The ...
The start-up of the Arab world's first nuclear reactor - in the United Arab Emirates - has been delayed and should start operations between the end of 2019 and early 2020, the plant's operator said on Saturday. Nawah Energy Company, the operator of the Barakah Nuclear Energy Plant in the Al-Dhafra Region of Abu Dhabi, said it "has completed a comprehensive operational readiness review" for an updated start-up schedule for the reactor. The $24.4 billion Barakah power plant is the world's largest nuclear project under construction and will be the first in the Arab world.
Moody's Investors Service says that Korea Gas Corporation's (Kogas) improved operating results for the three months ended 31 March 2018 (1Q 2018) are in line with Moody's expectations, and will not immediately affect the company's Aa2 issuer rating or the stable outlook on the rating. "Kogas' improved results and lower reported debt in 1Q 2018 will mitigate possible weaker operating performance, if there are any delays in upward tariff adjustments to compensate for higher fuel costs," says Mic Kang, a Moody's Vice President and Senior Credit Officer. According to its preliminary earnings release, Kogas recorded an unaudited consolidated operating profit of KRW963.5 billion in 1Q 2018, up from KRW826.7 billion in 1Q 2017.
Moody's Investors Service says that Korea Electric Power Corporation's (KEPCO) weak operating results for 1Q 2018 are credit negative, but have no immediate impact on its Aa2 issuer rating and stable outlook. "KEPCO's weak operating results for 1Q 2018 mean that KEPCO will require more debt funding, particularly for capital expenditures to construct power plants, including renewables, and to enhance transmission and distribution," says Mic Kang, a Moody's Vice President and Senior Credit Officer.
Moody's Investors Service says that Korea District Heating Corporation's operating results in 1Q 2018 were weaker than Moody's expectations, but have no immediate impact on its A1 issuer rating and stable outlook. "The weaker operating results in 1Q 2018 compared to 1Q 2017 will be mitigated by increasing sales volume from its new combined heat and electricity capacity, which started commercial operations in January 2018, and lower capital expenditure over the next 12-18 months," says Mic Kang, a Moody's Vice President and Senior Credit Officer.
SEOUL, South Korea , April 30, 2018 /PRNewswire/ -- On April 30, 2018 , Korea Electric Power Corporation (NYSE: KEP) ("KEPCO") filed its annual report including audited consolidated financial ...
Korea Electric Power Corporation (KEP) has moved higher as of late, but there could definitely be trouble on the horizon for this company
The United Arab Emirates, with help from Korea Electric Power Corp., finished building the Arab world’s first commercial nuclear reactor, a milestone in the oil-rich U.A.E.’s effort to curb its reliance ...
Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured notes of Korea Southern Power Co., Ltd. (KOSPO). The rating outlook is stable. The company plans to use the proceeds ...
National Grid PLC, Korea Electric Power Corp, Campbell Soup Co. and Acadia Realty Trust have declined to their respective three-year lows