|Bid||834.00 x 691200|
|Ask||862.00 x 322500|
|Day's Range||836.40 - 849.30|
|52 Week Range||733.00 - 895.10|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||8.65|
|Forward Dividend & Yield||0.47 (5.64%)|
|1y Target Est||912.93|
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
left the company to become CFO at U.S. construction equipment maker Caterpillar Inc. Before his appointment as interim CFO, Mr. Agg worked as National Grid’s group tax and treasury director since 2016. National Grid also provides electricity and gas in Massachusetts, New York and Rhode Island.
Andy Agg, the interim chief financial officer of UK infrastructure operator National Grid will take on the position on a permanent basis from next year. Mr Agg has held the role on an interim basis since his predecessor Andrew Bonfield left in July to take up a position as CFO of US construction equipment manufacturer Caterpillar. “Andy has done a great job since stepping into the role on an interim basis in July and I am personally delighted that he has now been formally appointed to the role,” said John Pettigrew, National Grid chief executive.
The first electricity power link connecting Britain and Belgium is due to start operation in the first quarter of 2019, with construction now complete, Britain's National Grid said on Wednesday. Both countries are keen to increase their electricity supplies, with Belgium in particular needing new sources of power with five of its seven ageing nuclear reactors closed for repairs. The 600 million pound Nemo project is being developed by National Grid (NG.L) and Belgian grid operator Elia.
SYRACUSE, N.Y., Dec. 04, 2018 -- Niagara Mohawk Power Corp. (the “Company”), an indirect subsidiary of National Grid USA (“National Grid”), announced that its Board of.
UK shares fell sharply on Thursday as sterling rallied after the European Commision and Britain agreed on a draft text for future EU-UK ties after Brexit, with Centrica, Fresnillo and other mining stocks leading the decline. Some of the biggest fallers - Vodafone (VOD.L), Imperial Brands (IMB.L), DCC (DCC.L), National Grid (NG.L) and Evraz (EVRE.L) - went ex-dividend, taking around 9.8 points off the index. The FTSE 100 (.FTSE) closed down 1.3 percent, handing back the previous session's gains and underperforming its euro zone counterparts as the pound surged on positive news from Brussels midmorning.
One-time charges took a bite out of the multinational utility company's bottom line, but management still sees a brighter future ahead.
Some heating oil service companies have rushed to deliver fuel earlier this season, while natural gas utilities are firing up emergency plans in case demand skyrockets and as more people look to switch to the cheaper fuel. Heating oil costs, particularly in the U.S. Northeast, are expected to hit four-year highs this winter.
Electricity and gas utility company National Grid Plc reported a 6 percent fall in half-yearly underlying operating profit on Thursday, hurt in part by lower profit from its U.S. units where a string of ...
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of June 30. In this article we look at what those investors think of NXP Semiconductors NV (NASDAQ:NXPI) and compare it […]
John Pettigrew has been the CEO of National Grid plc (LON:NG.) since 2016. First, this article will compare CEO compensation with compensation at other large companies. After that, we will Read More...
The start-up of a power link between Britain in Denmark will be delayed by a year to 2023, developers said on Thursday. Viking Link, being developed by Britain's National Grid (NG.L) and Denmark's Energinet, will allow 1,400 megawatts of electricity to be exchanged between the two countries when built, enough to power about 1.4 million homes. Power flows were initially due to start in 2022, but the developers said a delay in receiving the planning permission it needs from one of four local councils in Britain mean it is now scheduled to start in 2023.
Britain has warned operators of electrical power links with Europe that they will need to set up alternative trading arrangements if the country leaves the European Union next year with no exit deal. Companies operating electricity interconnectors, which include Britain's National Grid (NG.L) and French grid operator RTE, should "carry out contingency planning for a ‘no deal’ scenario", a government paper said. In the event of no deal on Britain's EU exit, European energy law will no longer apply to the UK electricity market.
Britain will be able to meet power and gas demand this winter, even in the event of an extreme cold snap, National Grid said in its 2018/19 winter outlook report on Thursday. In March this year National Grid was forced to issue a gas deficit warning for the first time in eight years after Europe was gripped by a cold snap, dubbed the "Beast from the East", and after several pieces of gas infrastructure suffered outages. National Grid said the warning had the desired effect, encouraging more gas to come to the market and demonstrated that Britain can meet its gas demands from a variety of sources even if there is an extreme event.
WALTHAM, Mass., Oct. 5, 2018 /PRNewswire/ -- The American Council for an Energy-Efficient Economy (ACEEE) released its 2018 State Energy Efficiency Scorecard yesterday, and once again, National Grid's service area in three states — Mass., R.I., and N.Y.—all ranked among the top ten in energy efficiency. Massachusetts ranked number one for the eighth year in a row, with R.I. ranked third, and N.Y. moving from seventh in 2017 to sixth this year. Additionally, in their most recent rankings, ACEEE named R.I. and Mass. as top states with utility-sector energy-efficiency programs and policies.
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on National Grid plc (LON:NG.) due to its excellent fundamentals in moreRead More...
Philip Morris International Inc. (PM), British American Tobacco PLC (BTI), Westpac Banking Corp. (WBK) and National Grid PLC (NGG) have declined to their three-year lows. The prices of Philip Morris International Inc. (PM) shares have declined to $79.33 on Sept. 14, which is only 3.9% above the 3-year low of $76.21. Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand.
Britain's second largest energy supplier said it expected profit to halve in the six months to the end of September compared to the same period a year ago. "Lower than expected output of renewable energy and higher than expected gas prices mean that SSE's financial performance in the first five months has been disappointing and regrettable," Chief Executive Alistair Phillips-Davies said. It said its wholesale business would show an adjusted operating loss for the six months to the end of September, driven largely by problems with the cost of power supplies and generation.
Investors pursuing a solid, dependable stock investment can often be led to National Grid plc (LON:NG.), a large-cap worth UK£27.35b. Doing business globally, large caps tend to have diversified revenueRead More...
Moody's Investors Service (Moody's) has today withdrawn the Baa1 issuer rating of KeySpan Corporation (KeySpan) following its merger into its immediate parent company, National Grid USA (NG USA, Baa1 stable). All of KeySpan's outstanding debt has been assumed by NG USA.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to start learning about core concepts of fundamental analysis on practical examplesRead More...