|Bid||158.60 x 534900|
|Ask||130.00 x 144700|
|Day's Range||142.70 - 144.60|
|52 Week Range||119.71 - 236.50|
|PE Ratio (TTM)||14.00|
|Forward Dividend & Yield||0.10 (3.78%)|
|1y Target Est||N/A|
If you are looking to invest in Centrica plc’s (LSE:CNA), or currently own the stock, then you need to understand its beta in order to understand how it can affectRead More...
A government plan to cap the most common form of gas and electricity tariffs for millions of British households could come into effect in time for Christmas 2018, regulator Ofgem said on Wednesday. Prime Minister Theresa May said in October she would impose controls to tackle what she called "rip-off energy prices" - home power bills have doubled in Britain over the past decade to an average of about 1,150 pounds a year. Dermot Nolan, Ofgem chief executive, said for the measure to take effect by Christmas it would have to receive royal assent - meaning it officially becomes law - before Britain's lawmakers break for summer recess on July 20.
Centrica plc (LSE:CNA), a GBP£8.17B large-cap, operates in the utilities industry which faces recent trends of rising cybersecurity threats, increasing usage by consumers and growing number of innovative competitors. UtilitiesRead More...
Britain's main stock index and the mid-cap benchmark scaled new peaks on Friday, lifted by a wave of gains across equities worldwide, while a sharp fall in UK car sales hit some motor dealers and insurance stocks. The FTSE 100 (.FTSE) closed 0.4 percent higher at 7724.22 points after hitting a record of 7,727.7 around mid-session, boosted by miners, utilities and consumer staples stocks. Mid-caps in the FTSE 250 index (.FTMC) also touched a new record, up 0.5 percent.
The UK's top share index hit a new record on the final trading day of 2017, carried higher by buoyant cyclical stocks. At the end of a holiday-shortened session, the blue chip FTSE 100 (.FTSE) index was up 0.9 percent at 7,687.77 points, rallying into the close and hitting its highest level on record as shares in miners and financials rose. The FTSE has hit a series of records going into the year-end, helped by its large weighting in commodities-related stocks.
The Big Six energy firms have hit back against the UK government’s plans for price caps on energy tariffs, citing the plan’s potential to hinder competition
Efforts to find new oil off Norway are expected to double next year, preliminary company plans show, with activity rising in more mature areas after this year's disappointing Arctic campaign. The pressure to deliver is growing as this year's poor exploration results were partly to blame for a drop in interest in Norway's latest licensing round. Around 45-50 exploration wells, including wells to delineate previously made discoveries, could be drilled next year on the Norwegian Continental Shelf (NCS), up from around 26 wells this year.
Royal Dutch Shell (RDSa.L) has agreed to buy British household energy and broadband provider First Utility, stepping up competition to the "Big Six" suppliers whose dominance of the market is already under pressure. Shell did not disclose any financial details of a deal which takes it into a new sector of the retail market. First Utility and Shell's joint German subsidiary is also included in the agreement.
Let’s talk about the popular Centrica plc (LSE:CNA). The company’s shares saw significant share price volatility over the past couple of months on the LSE, rising to the highs ofRead More...
CATS Management Limited (CML), a British gas infrastructure company owned by Antin Infrastructure Partners, has acquired 65 percent of Britain's Esmond Transportation System (ETS) pipeline and will keep Perenco as its operator, the firm said on Tuesday. CATS did not give a value for the transaction. ETS, a 165-kilometer pipeline that transports gas from fields in the southern North Sea to Britain's Bacton gas terminal, is operated by Perenco, which also runs the country's Trent and Tyne gas fields.
Regulators typically set customer rates for utilities to ensure investors recover a fair return on capital and allows the businesses keep their systems well maintained. This means utilities companies areRead More...
CHC Group secures a contract from Centrica to provide helicopter services in support of the forthcoming drilling program at the Fogelberg field in the Norwegian Sea.
In this article I am going to calculate the intrinsic value of Centrica plc (LSE:CNA) using the discounted cash flows (DCF) model. If you want to learn more about thisRead More...
Businesses are dramatically changing the way they buy energy in Britain and beyond as new technology makes it easier and cheaper to generate their own power.
By Georgina Prodhan LONDON (Reuters) - British shares on Friday ended Black Friday just slightly lower, with Paddy Power leading winners against a strong pound, which was poised to rise for a third consecutive ...
British blue-chip stocks ended slightly in the red Thursday, following a three-day move higher, led down by a double-digit plunge in shares of British Gas parent Centrica PLC after a disappointing financial ...