|Bid||806.00 x 691200|
|Ask||900.00 x 322500|
|Day's Range||821.20 - 829.60|
|52 Week Range||733.00 - 981.77|
|PE Ratio (TTM)||8.12|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||938.69|
Measuring National Grid plc’s (LON:NG.) track record of past performance is a valuable exercise for investors. It allows us to understand whether or not the company has met or exceedRead More...
The UK energy regulator has rebuffed a request by National Grid to pass on more than £260m in costs to consumers through their energy bills to replace and maintain certain gas infrastructure assets. “Ofgem is therefore not persuaded that it should allow National Grid’s request to pass the £140m replacement cost on to them,” the regulator said in a statement on Wednesday.
Britain's energy market regulator has given the go-ahead to National Grid (NG.L) to build a power grid upgrade to connect the new Hinkley Point C nuclear power station in Somerset. The Hinkley–Seabank (HSB) project will cost £650 million and allow for the safe connection of EDF Energy's (EDF.PA) planned Hinkley Point C nuclear power station. National Grid said it will review Ofgem's decision an consider all options before Ofgem formalises its proposals in the grid operator's licence later this year or early in 2019.
The growing use of electric vehicles could increase peak electricity demand in Britain by between 5 and 8 gigawatts (GW) by 2030, National Grid said on Thursday. Last year, the government said it would ban the sale of new petrol and diesel cars and vans from 2040 to help reduce air pollution and help Britain to cut carbon emissions by 80 percent by 2050 from 1990 levels - the target it has set itself. Although some conventional cars will remain on the road, numbers of electric vehicles (including cars, motorbikes, vans and buses) could swell to 11 million by 2030 and 36 million by 2040, according to National Grid's annual Future Energy Scenarios report.
Knowledge and experience are a huge draw with this group.National Grid asks retirees to come back as instructors at training centers or after major storms, like superstorm Sandy in 2012. Many companies say age is but a number when it comes to hiring, but that appears to ring true for National Grid. The UK-based electricity and gas utility company (NG.L) was one of six companies honored with the Age Smart Employer award from Columbia University Mailman School of Public Health, which highlights New York City businesses that retain and hire workers over 50.
In a pilot program to create a transactive energy marketplace for owners of energy resources, National Grid has launched a distributed system platform (DSP) on the Buffalo Niagara Medical Campus. Through the platform, National Grid can integrate campus member institutions’ energy resources to the local electricity distribution grid while offering participants an opportunity to earn market rate compensation for that energy. The company has partnered with the BNMC and Opus One Solutions to develop and test the financial model for the DSP, and launch the marketplace for BNMC member institutions.
Britain's exit from the European Union could leave companies planning to build more power interconnections at the mercy of possible new trading arrangements and potential tariffs, Norway's state-owned grid operator Statnett [STASF.UL] said. Statnett and Britain's National Grid (NG.L) agreed before the Brexit vote to construct the first interconnector between the two countries by 2021. A separate consortium of Norwegian energy companies and Sweden's Vattenfall [VATN.UL] is seeking to build a second cable by 2022-2023 for about 2 billion euros (1.8 billion pounds).
WALTHAM, Mass., June 15, 2018 /PRNewswire/ -- National Grid, one of the nation's largest investor-owned utilities, today released the "Northeast 80x50 Pathway," a blueprint for drastically reducing greenhouse gas emissions 80 percent below 1990 levels by 2050 ("80x50"). The Pathway is the first of its kind in the Northeast. National Grid's goal is consistent with the states they serve - New York, Massachusetts, and Rhode Island.
National Grid has always been known as a reliable dividend that grows agonizingly slow, but that could be changing if management has its way.
Syracuse, N.Y., June 04, 2018-- Niagara Mohawk Power Corp., an indirect subsidiary of National Grid USA, announced that its Board of Directors has declared dividends for the period April 1, 2018 to June ...
The investigation will examine whether the business has breached rules relating to its duty to operate the system in an economic and efficient manner, the regulator said in a statement. "This includes but is not limited to producing and publishing appropriate forecasts of demand," Ofgem added.
National Grid said it expected growth in its business of at least 7 percent in the near term, and at the top end of the 5-7 percent range for the medium term. National Grid owns and operates electricity transmission facilities and gas distribution networks in the United States. National Grid said it expected 2018/19 capital investment to be similar level to the 4.3 billion pounds of investment in 2017/18.
Zurich Insurance (ZURN.S) has agreed a longevity swap deal to cover more than two billion pounds ($2.71 billion) of pensioner liabilities for National Grid (NG.L), it said on Tuesday. The Swiss insurer has reinsured a "significant proportion" of the swap with Canada Life, it said in a statement. "The policy will provide increased certainty on the cost of providing current benefits, which will therefore reduce the funding risks faced by the Group Trustee and National Grid in the future," said Jon Carlton, chairman of the trustees of the Electricity Supply Pension Scheme.
National Grid plc (LSE:NG.), a UK£28.26B large-cap, is a utility company operating in an industry which has experienced a host of challenges, including the ongoing maintenance of assets, and increasedRead More...
Caterpillar Inc said on Friday it named Andrew Bonfield chief financial officer, replacing Brad Halverson. Bonfield, who will take over on Sept. 1, is currently group CFO and board member of National Grid ...
(Reuters) - National Grid (NG.L) Chief Financial Officer Andrew Bonfield is stepping down to take up a position with a U.S. public company, the British power grid operator said on Friday. Bonfield's move ...
Over the past 10 years National Grid plc (LSE:NG.) has returned an average of 5.00% per year from dividend payouts. The company is currently worth UK£28.27B, and now yields roughlyRead More...
International Public Partnerships Ltd (INPP.L) said in a separate statement it agreed to buy an additional interest in the Cadent gas distribution network. Cadent, formerly National Grid Gas Distribution, owns the gas distribution networks in north London, central England, the east of England and northwest England. It was renamed after National Grid sold a majority stake to a consortium.