IBE.MC - Iberdrola, S.A.
| Previous Close | 6.326 |
| Open | 6.358 |
| Bid | 6.310 x 863400 |
| Ask | 6.380 x 9000 |
| Day's Range | 6.316 - 6.396 |
| 52 Week Range | 5.712 - 6.992 |
| Volume | 13,775,389 |
| Avg. Volume | 17,037,237 |
| Market Cap | 40.233B |
| Beta | 0.73 |
| PE Ratio (TTM) | 14.53 |
| EPS (TTM) | 0.438 |
| Earnings Date | Oct 24, 2018 |
| Forward Dividend & Yield | 0.37 (5.95%) |
| Ex-Dividend Date | 2018-07-09 |
| 1y Target Est | 7.13 |
- Reuters•8 days ago
Brazil's Invepar should restructure, avoid quick sale-Previ
Brazilian infrastructure operator Invepar should focus on refinancing its substantial debt load instead of pursuing an immediate sale, the chief executive of pension fund Previ, one of Invepar's key investors, said on Monday. Speaking on the sidelines of a pension fund event in Florianopolis, Previ's José Mauricio Coelho said Invepar may issue new debt or extend maturities on its current debt, instead of looking for an investor to take control of the company and inject cash.
Reuters•12 days agoUK regulator caps energy prices to save households about a billion pounds a year
Britain's regulator on Thursday proposed a price cap on default energy bills to save households about a billion pounds a year and aims to implement it in time for winter following a government promise to tackle "rip-off" prices. The energy regulator, Ofgem, said it wanted to cap the default electricity and gas bill at 1,136 pounds a year, a level below the most-used tariffs set by the country's big six suppliers but not as severe as some had expected. The cap will be in place by the end of this year and is intended to be a temporary measure lasting until 2023 at the latest, Ofgem said.
- Reuters•13 days ago
UK regulator sees lower profit for utilities after price caps
LONDON (Reuters) - British regulator Ofgem said on Thursday it expected big utilities to earn less profit as a result of the price caps it proposed on Thursday but also for them to boost the efficiency ...
- Reuters•last month
UK energy regulator to publish indication of price cap level in Sept
British energy regulator Ofgem said on Thursday it would publish draft details on how the rules of an energy price cap will work in early September, as well as an indication of where the price cap could be set. UK Prime Minister Theresa May said last October she would impose controls to tackle what she called "rip-off" energy prices.
- CNBC•last month
RWE says Innogy deal on track after first-half core profit in line
RWE on Tuesday said a deal to break up its networks and renewables unit Innogy with rival E.ON was on track after posting first-half core profit that was in line with expectations.
- Reuters•last month
Why UK energy firms are upping prices while government fights to keep them down
An increase in wholesale energy prices pushed Britain's Centrica (CNA.L) to announce its second price rise of the year this week even as regulators prepare to cap prices to help millions of households struggling with rising costs. All of Britain's top energy suppliers have increased prices since Prime Minister Theresa May lashed out at what she called "rip-off energy prices" last October and pledged to cap prices in the biggest market intervention since privatisation almost 30 years ago. Wholesale gas prices spiked to their highest level in at least 10 years as the country was hit by a cold weather snap dubbed the beast from the east in February, while the heatwave felt across the country this summer has also led to higher than usual demand for electricity.
Reuters•last monthCentrica's British Gas to raise energy prices for second time this year
Centrica (CNA.L) will raise its standard energy prices for British Gas customers for the second time this year, it said on Wednesday, blaming rising wholesale costs. Around 3.5 million customers, on its dual fuel standard variable tariff, will be hit with a 3.8 percent price increase from Oct. 1. The rise comes as energy regulator Ofgem prepares to implement a price cap on standard tariffs by the end of the year to combat what the government has called "rip off" energy prices.
- Reuters•2 months ago
Run your dishwasher when the sun shines: dynamic power pricing grows
In such scenarios, algorithms in smart appliances automatically respond to price drops on wholesale spot markets caused by higher supplies of wind and solar power, saving households money and balancing the electricity market. This may be many years away, but it is the future envisioned by the European Union, which wants to make the electricity system more efficient as the continent switches from predictable fossil-fuel power generation to intermittent renewables. Most utilities have long offered cheaper night-time tariffs, but new EU rules expected in 2020 will require them to provide more flexible options that encourage customers to use power during sunny or windy periods, at varied times of day or when businesses are shut at weekends.
- Reuters•2 months ago
Run your dishwasher when the sun shines: dynamic power pricing grows
In such scenarios, algorithms in smart appliances automatically respond to price drops on wholesale spot markets caused by higher supplies of wind and solar power, saving households money and balancing the electricity market. This may be many years away, but it is the future envisioned by the European Union, which wants to make the electricity system more efficient as the continent switches from predictable fossil-fuel power generation to intermittent renewables. Most utilities have long offered cheaper night-time tariffs, but new EU rules expected in 2020 will require them to provide more flexible options that encourage customers to use power during sunny or windy periods, at varied times of day or when businesses are shut at weekends.
- Reuters•2 months ago
Siemens Gamesa warns on trade tensions as turbine prices drag
COPENHAGEN/MADRID (Reuters) - Wind turbine maker Siemens Gamesa (SGREN.MC) warned on Friday that trade tensions would drive up costs, after reporting a fall in quarterly sales and profits due to lower turbine sales and pricing. The U.S.-Chinese trade row adds to challenges facing wind turbine makers such as Siemens Gamesa, Vestas (VWS.CO) and General Electric (GE.N), which already face pressure from tighter markets and the phasing out of government subsidies.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of IBE.MC earnings conference call or presentation 25-Jul-18 7:30am GMT
Half Year 2018 Iberdrola SA Earnings Call
- Moody's•3 months ago
EDP - Energias de Portugal, S.A. -- Moody's: Spring rains to drive earnings recovery for Iberian power producers in 2018
Heavy rainfall in Iberia, with twice the monthly average falling in March and April, has refilled reservoirs and significantly boosted hydro power output after one of the driest years on record in 2017, underpinning an earnings recovery for the region's largest power providers, says Moody's Investors Service in a report published today. All rights reserved.
- Reuters•3 months ago
FOCUS-China Three Gorges sounds out interest in EDP's U.S. assets - sources
China Three Gorges has held talks with European utilities to gauge their interest in buying EDP's U.S. renewables business, as it looks to smooth the path for its planned takeover of the Portuguese company, ...
- Simply Wall St.•3 months ago
Does Iberdrola SA (BME:IBE) Have A Place In Your Portfolio?
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Iberdrola SA (BME:IBE) has returned to shareholders over the pastRead More...
Reuters•3 months agoE.ON to raise British dual fuel energy prices by 4.8 percent
E.ON will raise prices for British customers taking both gas and electricity by 4.8 percent from Aug. 16, the German utility said on Tuesday, the last of the "big six" energy suppliers to increase its tariffs. The move follows similar increases announced this year by the other five big suppliers in the country, and comes as regulator Ofgem is working to set a cap on standard prices by the end of the year. Utilities have denied overcharging, but the Competition and Markets Authority found they had overcharged some British households a total of 1.4 billion pounds a year on average from 2012 to 2015, prompting the government to act.
- Reuters•3 months ago
Factbox - Energy price changes by utilities in Britain
Britain's dominant energy companies have been under scrutiny by the government, which is putting a price cap on standard variable tariffs to combat what it has called "rip off" energy prices. Energy regulator Ofgem said the cap should be in place by the end of the year.
- Reuters•3 months ago
UK energy regulator to make suppliers pay compensation for switching woes
Britain's energy regulator plans to force companies to pay compensation to customers facing problems when switching supplier, in a bid to encourage more people to make the change. Customers could be paid at least 30 pounds ($40.15) for any issue faced, such as lengthy delays in any repayment or incorrect billing, under proposals launched by regulator Ofgem on Tuesday. The Competition and Markets Authority (CMA) found households overpaid 1.4 billion pounds a year from 2012 to 2015 because of uncompetitive standard tariffs, prompting the government to encourage people to switch supplier.
- Moody's•3 months ago
AVANGRID RENEWABLES Holdings, Inc. -- Moody's upgrades Berkshire Gas Company Issuer Rating to A3, positive outlook; affirms Avangrid Renewables Baa1 Issuer Rating and changes outlook to stable from positive
Moody's Investors Service ("Moody's") upgraded Berkshire Gas Company's (Berkshire) Issuer Rating to A3 from Baa1. The rating outlook for BGC remains positive. Contemporaneously, Moody's affirmed ...
Reuters•4 months agoEuropean shares fall on trade tensions, Deutsche troubles
By Danilo Masoni and Julien Ponthus LONDON (Reuters) - European shares fell on Thursday as trade war concerns weighed and Deutsche Bank tumbled to a record low after a report the U.S. Fed last year deemed ...
- Reuters•4 months ago
Enel beat Iberdrola with $2 bln bid for Eletropaulo
Italy's Enel SpA outbid Spanish utility Iberdrola SA with a 7.6 billion reais bid for Brazilian grid operator Eletropaulo Metropolitana Eletricidade de Sao Paulo SA, according to a Wednesday securities ...
- Reuters•4 months ago
Enel outbids Iberdrola unit for Brazil utility Eletropaulo
The Brazilian unit of Italian utility Enel SpA on Wednesday presented the highest bid for shares of power grid operator Eletropaulo Metropolitana Eletricidade de Sao Paulo SA, according to an Eletropaulo ...
- CNBC•4 months ago
Italy's Enel accuses Spain's Iberdrola of 'aggressive' tactics in Brazilian power struggle
The CEO of Italy's largest utility firm says he's been left stunned by the tactics deployed by Spain's Iberdrola, amid a bitter feud over Brazil's largest power distributor.
