|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||9.140 - 9.240|
|52 Week Range||9.040 - 11.830|
|PE Ratio (TTM)||17.32|
|Forward Dividend & Yield||0.58 (6.35%)|
|1y Target Est||10.64|
Britain's Competition and Markets Authority (CMA) said on Tuesday it expects to complete a review before the end of the year of Centrica's decision to close its Rough gas storage site. In June, Centrica (CNA.L) said it wanted to close the site because of the deterioration of the facility, which has come to the end of its design life. Rough is Britain's biggest gas storage site.
Centrica plc (LSE:CNA) trades with a trailing P/E of 16.7x, which is lower than the industry average of 18.2x. Although some investors may jump to the conclusion that this isRead More...
Britain's top share index enjoyed a record close on Thursday, boosted by a fresh fall in Brexit bellwether sterling after the European Union's chief negotiator Michel Barnier said talks are in deadlock. Britain's FTSE 100 (.FTSE) ended the day up 0.3 percent, at 7,556.24 points, its highest ever closing level. Sterling slid against the dollar (GBP=) as Barnier said talks were in an "impasse" due to an elusive compromise over the amount Britain would contribute to the EU budget, though Prime Minister May said talks were making good progress.
One of Britain's six biggest utility companies has promised to tackle the expensive default energy tariffs that are in the sights of prime minister Theresa May by moving customers on to cheaper fixed-price ...
By Helen Reid and Julien Ponthus LONDON (Reuters) - A sharp fall in sterling boosted Britain's main share index on Thursday, with basic resources and oil and gas stocks contributing most to the upswing. ...
A British government plan to cap prices has wiped hundreds of millions of pounds off the value of household energy suppliers but details are scant and doubts remain about its implementation. Prime Minister Theresa May said on Wednesday that a cap would be imposed on standard variable tariffs (SVT), the basic rates that suppliers charge if a customer does not opt for a specific payment plan for gas and electricity. Under the proposals, energy market regulator Ofgem would be responsible for setting the new cap which would be a temporary measure kept under review.
Centrica (CNA.L), Britain's biggest domestic electricity and gas supplier, urged the government on Thursday to be more imaginative in its approach to restructuring the market, saying plans to cap prices would lead to less competition and less choice. Prime Minister Theresa May stunned the industry on Wednesday when she announced a plan to impose price caps on standard variable tariffs, the basic rate that energy suppliers charge if a customer does not opt for a specific fixed term deal. Centrica boss Iain Conn said he understood that the market needed further restructuring but added that instead the regulator should scrap SVTs altogether, forcing the industry to work harder to win new customers through competition.
Centrica, Britain's biggest energy provider, urged the government on Thursday to be more imaginative in its approach to restructuring the market, saying plans to cap prices lead to less competition and less choice. Prime Minister Theresa May said on Wednesday she would impose a price cap on standard variable tariffs (SVT) to help millions of households and tackle what she described as "rip-off prices". "The main problem with the market is the standard variable tariff, and rather than cap them ... we believe the standard variable tariff should come to an end, for good," he told BBC Radio 4.
Prime Minister Theresa May said she would impose a price cap on the energy market to help millions of households struggling with rising prices, hitting shares in the leading providers hard. May had proposed a price cap on the sector earlier this year, the biggest market intervention since privatisation almost 30 years ago, but the plan was thrown into doubt after her ruling Conservatives lost their parliamentary majority in an election in June. Energy bills have doubled in Britain over the past decade to an average of about 1,200 pounds ($1,500) a year, putting the biggest providers in the sights of politicians.
Centrica Plc plunged to its lowest level since 2003 as the U.K. government plans to publish a draft law as early as next week to cap household energy prices.
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...
Direct Energy®, one of North America's largest retail providers of electricity, natural gas, and home and business energy-related services, today announced it will be offering new Hive smart home solutions and services to customers through its collaboration with sister company Centrica Connected Home. New Direct Energy customers will now have the opportunity to sign up for "Connect to Control 24," and receive the Hive Welcome Home Starter Plan, including a Hive Hub, two Hive Active Lights, one Hive Active Plug, and two Hive Window or Door Sensors with a qualifying 24-month electricity and/or natural gas plan. Designed to make the smart home accessible for all, the Hive Welcome Home Starter Plan is easy to set up and enables users to look after their lighting and appliances from their smartphone.
ALBANY, N.Y., Sept. 15, 2017 /PRNewswire/ -- A report filed today with the New York Public Service Commission (PSC) showed that energy service companies (ESCOs) can save New York energy consumers billions of dollars on energy costs. The data from 2011-2016 indicates that if one tenth of New York consumers shopped for the best ESCO deal, they would have saved nearly $2 billion. The numbers are staggering when the data from every consumer is analyzed – showing that if every New Yorker from 2011-2016 shopped for the best ESCO deal for electrical service, the savings would hit $18 billion.
To support the immediate relief effort across the Greater Houston area and Gulf Coast of Texas, Direct Energy is matching donations up to $25,000 to the American Red Cross, and will continue working with our customers and the community in the months to come. To donate, please go here so Direct Energy can match your donation: www.directenergy.com/donate. Through September 12, all disconnection activity has been suspended for Texas customers impacted by the recent weather events to allow them to focus on what matters most – their families and communities.
WILMINGTON, Del., Aug. 22, 2017 /PRNewswire/ -- Direct Energy®, the electric retail supplier exclusively contracted by the state of Delaware, celebrated its first anniversary serving Delawareans and its partnership with the Ronald McDonald House of Delaware. To mark the momentous occasion, Direct Energy employees arrived at the Ronald McDonald House of Delaware dressed in superhero capes and accompanied by several local legislators. Direct Energy prepared and served dinner and "lightning bolt" flavored ice cream and delivered a corporate gift from Direct Energy to show their support for families with seriously ill or injured children receiving medical treatment at nearby hospitals.
HOUSTON, Aug. 14, 2017 /PRNewswire/ -- In June alone, there were over 4,000 record warm daily high temperatures across the country according to the National Centers for Environmental Information. Experts from One Hour Heating and Air Conditioning®, part of the Direct Energy family of brands with independently owned and operated locations throughout North America, are sharing ways for home owners to appreciate their A/C this season. Your air conditioner collects dust, leaves and other debris that degrade its performance over time.
ISELIN, N.J. , Aug. 8, 2017 /PRNewswire/ -- Direct Energy Business has been selected to be a Qualified Real Time Energy Management (RTEM) Vendor for its Panoramic Power technology by New York State Energy ...
Centrica Plc, Britain’s biggest supplier of power and natural gas, wants the nation to retain influence on European Union energy policy after Brexit because the country’s prices will be set by neighboring ...
The U.K. government will review ways to bring down electricity prices for households and businesses to levels lower than the rest of Europe after Britain’s biggest power and gas supplier said it would ...
Categories: Yahoo FinanceGet free summary analysis Centrica Plc reports financial results for the half-year ended June 30, 2017. We analyze the earnings along side the following peers of Centrica Plc – MDU Resources Group, Inc., Gas Natural SDG, S.A. Unsponsored ADR and TransCanada Corporation (MDU-US, GASNY-US and TRP-US) that have also reported for this period. Highlights Summary ... Read more (Read more...)