CNA.L - Centrica plc

LSE - LSE Delayed Price. Currency in GBp
147.20
+0.65 (+0.44%)
At close: 4:35PM BST
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Previous Close146.55
Open146.05
Bid146.00 x 534900
Ask159.00 x 144700
Day's Range145.40 - 147.50
52 Week Range119.71 - 213.00
Volume16,699,749
Avg. Volume28,563,227
Market Cap8.237B
Beta0.89
PE Ratio (TTM)24.53
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.12 (8.60%)
Ex-Dividend Date2018-05-10
1y Target EstN/A
  • Financial Times4 days ago

    [$$] Macquarie considering sale of Calon Energy plants

    Macquarie is considering putting three large UK gas-fired power plants up for sale, at a time when shifting government policies and the rise of renewables has raised the pressure on large fossil fuel generation plants. As the UK draws more of its energy from renewable sources such as wind and solar, which together supplied nearly a third of the country’s electricity in 2017, the long-term prospects of large power stations are increasingly uncertain. Calon Energy, formerly called MPF Holdings, owns the Baglan Bay and Severn power stations in South Wales, and the Sutton Bridge power station in Lincolnshire, which have a combined capacity of more than 2,100 megawatts — the equivalent of two nuclear reactors.

  • Does Centrica plc’s (LON:CNA) Debt Level Pose A Problem?
    Simply Wall St.8 days ago

    Does Centrica plc’s (LON:CNA) Debt Level Pose A Problem?

    There are a number of reasons that attract investors towards large-cap companies such as Centrica plc (LSE:CNA), with a market cap of UK£7.87B. One reason being its ‘too big toRead More...

  • Financial Times13 days ago

    [$$] UK dividends look unsustainable, investors warned

    Investors should proceed with caution when buying UK income stocks, as the high dividends they offer may be unsustainable, according to broker AJ Bell. FTSE 100 companies are forecast to pay out £87.5bn ...

  • EDF Energy becomes second UK firm to raise energy prices
    Reuters13 days ago

    EDF Energy becomes second UK firm to raise energy prices

    EDF Energy said on Thursday it would raise its energy prices in Britain, the second firm this week to announce an increase, despite pressure from the government to keep bills down. The British arm of French utility EDF (EDF.PA) said the rise was due to higher costs associated with supplying electricity, echoing comments made by rival Centrica (CNA.L), which announced its rise on Tuesday. "EDF Energy continues to face pressures with energy, policy and the costs of installing smart meters all increasing significantly since last summer," it said in a statement.

  • Reuters15 days ago

    Britain's Co-op to buy Flow Energy as energy price cap looms

    Britain's Co-operative Energy will buy fellow energy supplier Flow Energy, the two companies said on Tuesday, with the smaller firm warning it would have struggled under the government’s looming price cap. Flow Energy, the main business of Flowgroup (FLOWF.L), which is listed on London Stock Exchange's AIM junior market, will be sold for 9.25 million pounds ($13.10 million), FlowGroup said. Flow Energy has around 130,000 customers and is one of the more than 50 suppliers challenging Britain's big six energy providers - Centrica's (CNA.L) British Gas, SSE (SSE.L), E.ON (EONGn.DE), EDF Energy (EDF.PA), Innogy's (IGY.DE) Npower and Iberdrola's (IBE.MC) Scottish Power.

  • Reuters15 days ago

    British Gas raising energy prices by 5.5 percent

    British Gas will raise the price of its most widely used standard tariff for customers getting electricity and gas by an average of 5.5 percent from May 29, parent Centrica (CNA.L) said on Tuesday. Increases to electricity and gas charges will add 60 pounds ($85) to annual bills for 4.1 million customers on the standard variable tariff (SVT), raising them to an average of 1,161 pounds, the company said. British Gas withdrew its SVT default tariff for new customers on March 31 and is working to move customers off SVTs and on to fixed tariffs.

  • Reuters19 days ago

    Cyclicals suffer as new Trump tariff threat hits FTSE 100

    By Helen Reid and Kit Rees LONDON (Reuters) - The latest salvo in a trade row between the U.S. and China weighed on Britain's FTSE 100 on Friday, though the damage was limited as mining and bank stocks ...

  • Does Centrica plc’s (LON:CNA) PE Ratio Warrant A Sell?
    Simply Wall St.26 days ago

    Does Centrica plc’s (LON:CNA) PE Ratio Warrant A Sell?

    Centrica plc (LSE:CNA) trades with a trailing P/E of 23.6x, which is higher than the industry average of 19.4x. Although some investors may jump to the conclusion that you shouldRead More...

  • Utilities step into blockchain to stay ahead of Europe's energy shakeup
    Reuterslast month

    Utilities step into blockchain to stay ahead of Europe's energy shakeup

    European utilities plan to begin some direct trades with one another using blockchain technology within months, hoping to stay ahead in a world in which individuals may eventually sell green energy to one another. The distributed ledger technology that underpins the bitcoin currency has already been tested by energy operators for wholesale trading, but it will go live with just a few selected electricity and gas contracts to start with. The initiative, Enerchain, is a forerunner of more possible uses of the technology by established energy players and wider options explored by a raft of start-ups to harness its potential - many of them years away from execution.

  • Reuterslast month

    Utilities step into blockchain to stay ahead of Europe's energy shakeup

    European utilities plan to begin some direct trades with one another using blockchain technology within months, hoping to stay ahead in a world in which individuals may eventually sell green energy to one another. The distributed ledger technology that underpins the bitcoin currency has already been tested by energy operators for wholesale trading, but it will go live with just a few selected electricity and gas contracts to start with. The initiative, Enerchain, is a forerunner of more possible uses of the technology by established energy players and wider options explored by a raft of start-ups to harness its potential - many of them years away from execution.

  • Reuterslast month

    Chrysaor buys three North Sea fields from Spirit Energy

    Chrysaor, which bought a portfolio of Royal Dutch Shell (RDSa.L) assets last year, said on Thursday it would acquire stakes in three ageing North Sea fields from Spirit Energy. "The acquisition is part of Chrysaor's strategy to prolong asset life, maximise recovery and deliver value from the UK North Sea," Chief Executive Officer Phil Kirk said in a statement. Private equity-backed Chrysaor will become the sole owner of the Armada, Maria and Seymour fields, it said.

  • Reuterslast month

    Rough justice? UK snubs call for gas storage capacity review

    Britain has rebuffed calls from the gas industry for an urgent review of the country's gas storage capacity after a cold snap this month triggered warnings of supply shortages and gas prices spiked to their highest in at least a decade. Operators of gas storage sites, industries reliant on gas and developers of new storage projects have been asking for an inquiry since November, following the closure of the Rough site that provided 70 percent of Britain's gas storage capacity. The government says it is up to the market to determine whether it makes sense to invest in new gas storage and if there are any supply shortages, prices will rise sufficiently to attract more gas from elsewhere.

  • Centrica plc (LON:CNA): Immense Growth Potential?
    Simply Wall St.last month

    Centrica plc (LON:CNA): Immense Growth Potential?

    In December 2017, Centrica plc (LSE:CNA) released its most recent earnings update. Generally, it seems that analyst forecasts are substantially optimistic, with earnings expected to more than double in theRead More...

  • Oilprice.comlast month

    UK Gas Crisis: Out Of The Frying Pan Into The Fire

    Blizzards and bitter cold in the United Kingdom are pleasing extreme stress on the island’s resources, highlighting a greater need for energy diversity

  • Innogy's UK arm npower lost 155,000 domestic customers in 2017
    Reuterslast month

    Innogy's UK arm npower lost 155,000 domestic customers in 2017

    LONDON (Reuters) - npower, the British retail arm of German utility Innogy (IGY.DE), lost 155,000 domestic accounts last year amid the highest customer churn in the UK for several years, the firm said in its annual results on Monday. Npower's revenues for 2017 dropped by 76 million pounds ($106 million) to 6.027 billion pounds due to fierce competition between suppliers, it said in a statement. It had 4.56 million UK customer accounts at the end of 2017, down from 4.71 million a year earlier.

  • Reuterslast month

    German Innogy carve-up could complicate SSE's npower merger

    RWE and E.ON's (EONGN.DE) surprise carve up of Germany's Innogy (IGY.DE) could complicate a merger of SSE (SSE.L) and Innogy-owned npower to create Britain's second largest energy supplier, although both firms said it remained on track. Under Sunday's proposed break-up of Innogy, its assets will be divided between parent RWE and E.ON, which would take over npower, potentially raising regulatory concerns, some analysts said on Monday. SSE and npower said last year they would merge their retail gas and power operations, combining some 11.5 million customers to better challenge top-ranked British Gas.

  • Record number of UK energy customers switched supplier in February
    Reuterslast month

    Record number of UK energy customers switched supplier in February

    LONDON (Reuters) - A record number of British energy customers switched supplier in February, data from industry group Energy UK showed on Monday. * 668,000 customers switched during the month, the highest ...

  • Reuters2 months ago

    Ofgem to limit back billing to 12 months

    Britain's energy suppliers will be banned from back billing customers for energy used more than 12 months ago, regulator Ofgem said on Monday. The move comes as pricing by Britain's energy firms is under political scrutiny and a week after a law was introduced aimed at capping bills. The new rule will come into effect at in May for domestic consumers and in November for microbusinesses, Ofgem said.

  • Reuters2 months ago

    'Beast from the East' sends British energy prices skyward

    A cold snap dubbed the ‘Beast from the East’ sent British wholesale energy prices to at least 10-year highs on Wednesday as traders scrambled to secure supplies. Britain’s Met Office weather service forecast sub-zero temperatures for much of the week, with gas supplies facing a crunch on Wednesday due to outages. Temperatures fell to minus 12 Celsius (10 degrees Fahrenheit) in some rural areas while the Met Office warned of up to 40 cm of snow in parts of Scotland and Ireland braced for what could be its biggest snowfall since 1982.

  • Reuters2 months ago

    Market share of UK big six energy firms at record low in 2017 – regulator

    LONDON (Reuters) - The market share of Britain's big six energy firms of domestic customers in the country fell to a record low in 2017, as smaller rivals lured customers away with cheaper deals, energy ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of CNA.L earnings conference call or presentation 22-Feb-18 9:30am GMT

    Preliminary 2017 Centrica PLC Earnings Call