|Bid||1,042.40 x 0|
|Ask||1,043.40 x 0|
|Day's Range||1,025.60 - 1,068.60|
|52 Week Range||8.90 - 1,073.80|
|Beta (5Y Monthly)||0.14|
|PE Ratio (TTM)||24.18|
|Earnings Date||May 21, 2020|
|Forward Dividend & Yield||0.48 (4.50%)|
|Ex-Dividend Date||Nov 28, 2019|
|1y Target Est||912.93|
Geronimo Energy (Geronimo), a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced today the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project (Wild Springs). Wild Springs is a 128 megawatt (MW) clean solar energy project located in Pennington County, South Dakota, approximately 20 miles east of Rapid City. Wild Springs is anticipated to begin operations in 2022. Using the EPA's greenhouse gas equivalencies calculator, the project is estimated to offset carbon dioxide emissions by 190,000 metric tons annually.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick...
Moody's Investors Service ("Moody's") today affirmed the long-term and short-term ratings of Consolidated Edison, Inc. (ConEd) and its subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY) and Orange and Rockland Utilities, Inc. (O&R).
Moody's Investors Service, (Moody's) has today confirmed the A3 issuer and senior unsecured ratings of The Brooklyn Union Gas Company (KEDNY) and KeySpan Gas East Corporation (KEDLI). The two regulated utilities, local gas distribution companies serving customers in "downstate" New York, are ultimately owned by National Grid plc (National Grid, Baa1 stable). The review was triggered by a 12 November letter from the New York governor to National Grid giving two weeks' notice of his intention to order the regulator to revoke National Grid's franchise in downstate New York unless the group proposed immediate and meaningful measures to resolve a moratorium on new gas connections previously imposed to manage supply constraints.
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of National Grid plc (NYSE:NGG) based on that […]
It may seem as if the U.K. has been mired in political turmoil forever, but the deadlock over Brexit and the country’s future may just be broken this week when the public goes to polls.
Geronimo Energy (Geronimo), a wholly owned subsidiary of National Grid Plc (NYSE: NGG), announced today the start of commercial operations for its Crocker Wind Farm (Crocker), a 200 megawatt (MW) wind energy project located in Clark County, South Dakota. Crocker has Virtual Power Purchase Agreements (VPPAs) in place with leading corporations, Walmart and Cargill. The project was built by Wanzek Construction and utilizes GE 2.7-116 wind turbines.
Today we are going to look at National Grid plc (LON:NG.) to see whether it might be an attractive investment...
Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declared dividends for the period October 1, 2019 to December 31, 2019 at the following rates for all outstanding series of its preferred stock:
National Grid Plc on Monday agreed to pay $36 million in response to an ultimatum from New York Governor Andrew Cuomo and compensate natural gas customers in New York City and Long Island that were adversely impacted by a moratorium. National Grid, which will invest most of that money in new energy conservation and clean energy projects, said in a statement it will immediately lift the moratorium on signing up new gas customers for about two years.
Urbint, the market leader in artificial intelligence (AI) for gas safety and risk reduction, today announced that National Grid Partners (NGP), the investment and innovation arm of National Grid plc (LSE: NG; NYSE: NGG), one of the world’s largest investor-owned utility companies, has made a strategic investment in the company. Urbint will use the funding to accelerate the development of an AI-based enterprise risk platform for gas infrastructure.
Moody's Investors Service (Moody's) has today placed the A3 issuer and senior unsecured ratings of The Brooklyn Union Gas Company (KEDNY) and KeySpan Gas East Corporation (KEDLI), on review for downgrade. The two regulated utilities, local gas distribution companies serving customers in "downstate" New York, are ultimately owned by National Grid plc (National Grid, Baa1 stable). A full list of affected ratings is provided towards the end of this press release.
The New York Governor has threatened to revoke the National Grid’s license in two weeks if the company can’t convince authorities that it was right to stop connecting new users
National Grid said on Thursday it was confident it would be able to address concerns over gas supplies raised this week by governor of New York who warned he could revoke the British firm's licence to operate in southern parts of the state. The utility, which runs Britain's energy system and operates a gas franchise in New York City and Long Island, also said it expected to avoid being fined by Britain's energy regulator over widespread outages in August. Earlier this week, New York Governor Andrew Cuomo threatened to strip National Grid of its licence to supply gas in the city and Long Island, saying that it had failed to provide "adequate and reliable service".
The governor, in a statement, cited National Grid's imposition of a moratorium on new customers, failure to address supply issues and the neglect of the needs of customers. In May, National Grid announced a moratorium on new gas customers in New York City and Long Island after New York regulators rejected a pipeline that Williams Cos Inc wants to build that will provide gas to National Grid's downstate customers.