|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.42 - 22.59|
|52 Week Range||18.40 - 27.00|
|PE Ratio (TTM)||7.49|
|Forward Dividend & Yield||1.79 (7.87%)|
|1y Target Est||31.49|
Europe wants its industry to burn more natural gas instead of coal to reduce global warming. Depleted gas stores after the coldest winter since 2012, coupled with pipeline constraints on flows from Russia and Norway, have driven prices to their highest level in at least five years. The result: generating electricity from gas is unprofitable for many utilities, according to Bloomberg calculations based on the cost of fuel, power and emission permits.
Moody's Investors Service (Moody's) has today confirmed the Baa2 issuer and senior unsecured ratings of innogy SE (innogy) and its guaranteed subsidiary, innogy Finance B.V.. The Prime-2 commercial paper rating was also confirmed. The outlook on all the ratings is stable.
Moody's Investors Service (Moody's) has today confirmed the Baa3 issuer rating of RWE AG (RWE), and the Ba2 rating of its subordinated hybrid capital securities (the hybrids). The Prime-3 commercial paper ratings were also confirmed.
RWE Aktiengesellschaft (DB:RWE) is trading with a trailing P/E of 6.5x, which is lower than the industry average of 17.2x. While this makes RWE appear like a great stock toRead More...
Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent’s biggest producers of the fuel said. “A severe shortage” in generation capacity is expected in the U.K., Germany, and Belgium, Tor Martin Anfinnsen, senior vice president for marketing and trading at Statoil ASA, said in an interview at a conference in Amsterdam on Tuesday. “Is that what we will see in Europe in power generation as well?
China’s thirst for energy is roiling markets in Europe, jolting the outlook for coal-hungry utilities as they struggle to cope with tighter pollution and environmental rules. Coal for delivery next year in Northwest Europe touched a record $90.65 a ton on Tuesday, a fifth consecutive day of gains that together with higher costs on carbon emissions lifted the price of electricity in the process. China’s power generation needs has drawn in more cargoes of both coal and liquefied natural gas, diverting supplies away from Europe.
Angela Merkel’s clean-energy push may turn out to be less ‘green’ than expected for bondholders caught up in the upheaval of Germany’s energy industry.
I am going to run you through how I calculated the intrinsic value of RWE Aktiengesellschaft (DB:RWE) using the discounted cash flow (DCF) method. If you want to learn moreRead More...
Moody's Investors Service (Moody's) has today placed on review for downgrade the Baa2 senior unsecured ratings of E.ON SE (EON) and its guaranteed subsidiary, E.ON International Finance B.V.. The group's ...
Moody's Investors Service (Moody's) has today placed on review for downgrade the Baa3 issuer rating of RWE AG (RWE), and the Ba2 rating of its subordinated hybrid capital securities (the hybrids). The ...
Germany’s largest energy companies set out opposing views on how to profit from selling electricity in their 22 billion-euro ($27 billion) reshuffling of the industry.
German energy firm E.ON (EONGn.DE) said on Monday it expects as many as 5,000 job cuts and up to 800 million euros ($987 million) of synergies as part of an asset swap with peer RWE (RWEG.DE) involving its renewables and network arm Innogy (IGY.DE). Plans to break up Innogy and divide its assets between parent RWE and E.ON, first announced a day earlier, added 4.3 billion euros to the market value of Germany's three largest utilities in the sector's largest overhaul in recent history. Germany's power companies are reshaping as they look to boost green energy output, shift away from fossil fuels and prepare for Germany's exit from nuclear power in 2022.
EON SE will shed as many as 5,000 jobs in the deal to take over Innogy SE, a move that marks the biggest shakeup in Germany’s energy business in years.
Germany’s biggest energy producer is grabbing onto a lifeline from the clean energy business in the utility industry’s biggest shakeup in years.
EON SE is targeting about 700 million euros ($860 million) in cost savings from the acquisition of Innogy SE from German rival RWE AG, a deal that will transform the country’s energy industry as utilities ...
EON SE and RWE AG surged after their 22 billion-euro ($27.1 billion) bid to restructure the German energy industry and take control of Innogy SE established a national champion to cope with Angela Merkel’s ...
EON SE agreed to acquire Innogy SE from German rival RWE AG, transforming the country’s energy industry as utilities grapple with the accelerating shift to renewables.
EON SE is in advanced talks to acquire RWE AG’s green-energy business Innogy SE, in a deal that would create a German renewables champion as Europe’s biggest economy tries to wean itself off fossil fuels, ...
Mar.12 -- Bloomberg's Ruth David and Aedamar Comiskey, global head of corporate at Linklater, discuss Germany's EON SE agreeing to acquire Innogy from RWE AG. They speak on “Bloomberg Markets: European Open.”