|Bid||1,360.00 x 401200|
|Ask||1,400.00 x 27500|
|Day's Range||1,376.00 - 1,400.00|
|52 Week Range||1,341.00 - 1,611.00|
|PE Ratio (TTM)||8.76|
|Forward Dividend & Yield||1.17 (6.17%)|
|1y Target Est||N/A|
With an ROE of 29.92%, SSE plc (LSE:SSE) outpaced its own industry which delivered a less exciting 7.51% over the past year. On the surface, this looks fantastic since weRead More...
Britain's big six energy firms lost a record number of customers in September to smaller challengers, data from industry group Energy UK showed. A total of 163,274 customers switched from the Big Six, the data published this week showed, ramping up pressure on energy companies already facing the introduction of a price cap on their most common tariffs. Britain's energy market is dominated by the so-called big six including Centrica's ,(CNA.L) British Gas, SSE (SSE), Iberdrola's (IBE.MC) Scottish Power, Innogy's npower (IGY.DE), E.ON (EONGn.DE) and EDF Energy (EDF.PA), which account for about 85 percent of the retail electricity market.
Prime Minister Theresa May first proposed a price cap on the energy sector earlier this year, the biggest market intervention since its privatisation almost 30 years ago. "I have been clear that our broken energy market has to change – it has to offer fairer prices for millions of loyal customers who have been paying hundreds of pounds too much," May said on Thursday. The draft bill published on Thursday said the price cap would initially last until 2020, with the potential to be extended by up to three years if needed.
LONDON (Reuters) - Britain's newly-announced retail energy price cap should allow providers enough 'headroom' to compete within the market, business minister Greg Clark said on Thursday following the publication ...
Britain said on Thursday it would ask the regulator Ofgem to devise a price cap for consumer energy tariffs, but did not provide any specific details on how the cap would work for suppliers trying to gauge the impact on their business. The business department set out its draft legislation, saying the price cap would initially last until 2020, with the potential to be extended by up to three years if needed.
LONDON (Reuters) - Draft legislation on the British government's plans to cap energy prices will be published on Thursday, a spokesman for Prime Minister Theresa May said on Monday. Last week, May said ...
A British government plan to cap prices has wiped hundreds of millions of pounds off the value of household energy suppliers but details are scant and doubts remain about its implementation. Prime Minister Theresa May said on Wednesday that a cap would be imposed on standard variable tariffs (SVT), the basic rates that suppliers charge if a customer does not opt for a specific payment plan for gas and electricity. Under the proposals, energy market regulator Ofgem would be responsible for setting the new cap which would be a temporary measure kept under review.
Centrica (CNA.L), Britain's biggest domestic electricity and gas supplier, urged the government on Thursday to be more imaginative in its approach to restructuring the market, saying plans to cap prices would lead to less competition and less choice. Prime Minister Theresa May stunned the industry on Wednesday when she announced a plan to impose price caps on standard variable tariffs, the basic rate that energy suppliers charge if a customer does not opt for a specific fixed term deal. Centrica boss Iain Conn said he understood that the market needed further restructuring but added that instead the regulator should scrap SVTs altogether, forcing the industry to work harder to win new customers through competition.
There is a strong consensus within the British parliament that the energy market needs to be restructured and MPs will act to give the regulator the necessary power to impose price caps if needed, business secretary Greg Clark said. Prime Minister Theresa May stunned the energy market on Wednesday when she announced a plan to impose price caps on standard variable tariffs, the basic rates that energy suppliers charge if a customer does not opt for a specific plan. "If they (the regulator) need legal back-up there is a strong consensus in parliament for this, so we will publish legislation and we'll invite the whole house to endorse this so that they have the legal certainty," Clark told BBC Radio 4 on Thursday.
The British government has a duty to act to stop energy companies taking advantage of their loyal customers by overcharging them, business secretary Greg Clark said on Thursday. "A lot of people see themselves as loyal customers and because the companies know that they're loyal ... they are overcharging them," Clark told Sky News.
SSE plc (LSE:SSE) trades with a trailing P/E of 8.7x, which is lower than the industry average of 21x. While this makes SSE appear like a great stock to buy,Read More...
Let’s talk about the popular SSE plc (LSE:SSE). The company’s shares See our latest analysis for SSE Is SSE still cheap? According to my valuation model, the stock is currentlyRead More...
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives SSE Plc a score of 84. Our analysis is based on comparing SSE Plc with the following peers – National Grid plc, Drax Group plc, Rurelec PLC, RWE AG and EVN AG (NG-GB, DRX-GB, RUR-GB, RWE-DE and EVN-AT). Investment Outlook SSE Plc has a fundamental score of ... Read more (Read more...)
Announcement: Moody's: Battery storage trims British energy network operators' costs, a credit positive. Global Credit Research- 07 Sep 2017. London, 07 September 2017-- Widespread battery use in the British ...
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for SSE Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
Rating Action: Moody's Affirms Ratings of SSE Energy Supply and SSE Generation. Global Credit Research- 30 Jun 2017. London, 30 June 2017-- Moody's Investors Service has today affirmed the A3 issuer ratings ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to SSE Plc Here are 5 ETFs with the largest exposure to SSE-GB. Comparing the performance and risk of SSE Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis SSE Plc reports financial results for the half-year ended March 31, 2017. We analyze the earnings along side the following peers of SSE Plc – National Grid plc, RWE AG Sponsored ADR and EVN AG (NG-GB, RWEA-DE and EVN-AT) that have also reported for this period. Highlights Summary numbers: Revenues of ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis SSE Plc reports financial results for the year ended March 31, 2017. We analyze the earnings along side the following peers of SSE Plc – National Grid plc, RWE AG Sponsored ADR and EVN AG (NG-GB, RWEA-DE and EVN-AT) that have also reported for this period. Highlights Gross margins widened from ... Read more (Read more...)
British Prime Minister Theresa May's government said it remained committed to helping consumers hit by the most expensive energy tariffs, but had not decided how to intervene in the market and did not mention a price cap when setting out policy objectives. May previously said she would tackle high household energy prices if she was re-elected by introducing a cap on standard variable tariffs that could affect about 17 million families. "We have committed to extending the price protection currently in place for some vulnerable energy consumers to more of those on the poorest value tariffs," the government said on Wednesday, as it set out its policy plan.