|Bid||51.44 x 1000|
|Ask||55.00 x 800|
|Day's Range||51.38 - 51.92|
|52 Week Range||46.36 - 59.01|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||7.99|
|Forward Dividend & Yield||3.09 (6.05%)|
|1y Target Est||65.19|
Britain's National Grid Electricity Transmission (NGET) drew heavy demand with its 700 million pounds ($864 million) bond issue on Monday, as investors rushed to grab the low yield despite nationalisation worries. National Grid, parent company for the main national power distributor, is earmarked for nationalisation by the Labour Party led by Jeremy Corbyn if it wins an election expected later this year.
The FTSE 100 company, which is responsible for balancing supply and demand in Britain’s electricity network, said Ofgem should review “whether it would be appropriate to provide for higher levels of resilience in the electricity system”. The call came as it published a report into the outages of August 9, which caused widespread travel disruption at rush hour, particularly in and out of London.
WALTHAM, Mass., Sept. 9, 2019 /PRNewswire/ -- National Grid today announces enhanced bill pay options through a vendor relationship with doxo, the all-in-one web and mobile bill pay service, providing customers with added convenience and security when paying their energy bills. National Grid customers can pay their energy bills along with other household bills from one convenient location – via desktop or mobile phone.
When Rae Arora’s property company began building a block of 115 flats in Brooklyn, the blueprint called for the blue flames of natural gas for heat, hot water and the burners in kitchen stoves. Plans have changed since then because of a tussle between National Grid, the UK-based energy utility, and Andrew Cuomo, governor of New York. National Grid owns a utility that distributes gas to parts of New York City and neighbouring Long Island.
National Grid, which was privatised in 1990, has seen off previous demands that it should be broken up but calls for a rethink have intensified following the outage last month that caused widespread rail disruption, particularly in and around London, and also affected a hospital in Ipswich and Newcastle airport.
Moody's Investors Service (Moody's) has today assigned a Baa3 long-term rating to the resettable fixed rated Hybrid Capital Securities (the Hybrids), shortly to be issued by NGG Finance plc (the Issuer), a subsidiary of National Grid plc (National Grid -- Baa1 stable), which guarantees the instrument on a senior subordinated basis. The Baa3 rating assigned to the Hybrids is two notches below National Grid's Baa1 senior unsecured rating.
A blackout in Britain which cut power to one million customers and caused transport chaos on Aug. 9 was due to a lightning strike, the grid operator said in a report to regulator Ofgem, which said on Tuesday it would investigate the matter further. Ofgem commissioned the report into the causes of the outages from National Grid and said it would open its own investigation to establish whether any of the grid and network operators or generators breached their licence conditions. "Having now received National Grid's interim report, we believe there are still areas where we need to use our statutory powers to investigate these outages," said Jonathan Brearley, Ofgem's executive director of systems and networks.
SYRACUSE, NY / ACCESSWIRE / August 19, 2019 / Niagara Mohawk Power Corp. (the “Company”), an indirect subsidiary of National Grid USA (“National Grid”), announced that its Board of Directors has declared ...
Is National Grid plc (LON:NG.) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Energy regulators on Saturday demanded an urgent report from the operator of Britain's electricity grid into what caused a power cut that led to chaos across the country, with trains brought to a standstill and traffic lights knocked out. "Ofgem has asked for an urgent detailed report from National Grid so we can understand what went wrong and decide what further steps need to be taken," the energy watchdog said in a statement. National Grid, which owns the electricity transmission system in England and Wales, said there had been a rare and unusual issue which had led to the almost simultaneous loss of power from two generators.
After National Grid plc's (LON:NG.) earnings announcement in March 2019, analyst consensus outlook appear cautiously...