EDF.PA - Electricité de France S.A.

Paris - Paris Delayed Price. Currency in EUR
11.465
-0.495 (-4.139%)
At close: 5:35PM CEST
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Previous Close11.960
Open11.700
Bid11.345 x 8000
Ask11.700 x 50000
Day's Range11.330 - 11.760
52 Week Range7.645 - 12.480
Volume4,465,618
Avg. Volume2,952,440
Market Cap33.524B
Beta0.94
PE Ratio (TTM)11.70
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.46 (3.96%)
Ex-Dividend Date2018-05-25
1y Target EstN/A
  • Reuters2 days ago

    European utilities retrench as cross-border deals lose appeal

    PARIS/FRANKFURT (Reuters) - European utility companies are retrenching in their home markets and looking to unwind debt-financed cross-border merger deals as increasingly nationalist governments balk at foreign ownership of strategic power supplies. Hungary was one of the first European countries to turn against foreign ownership of utilities back in 2013 but there are growing signs that borders are springing up again in an industry that has struggled to make international deals pay off. Several European utilities were lining up to buy German utility RWE's (RWEG.DE) subsidiary Innogy (IGY.DE) but in March RWE and domestic rival E.ON (EONGn.DE) agreed to carve up the renewable energy firm themselves in an all-German deal.

  • Reuters3 days ago

    Strike cuts French power generation by over 4 GW on Thursday -RTE

    A nationwide strike called by unions to protest against the government's planned liberalisation reforms has reduced French electricity generation at nuclear and coal-fired plants by over 4 gigawatts on ...

  • Oil major Total pays $1.7 billion for French electricity retailer
    Reuters4 days ago

    Oil major Total pays $1.7 billion for French electricity retailer

    Oil company Total (TOTF.PA) said it will buy a majority stake in French electricity retailer Direct Energie (DIREN.PA) in a 1.4 billion euro ($1.73 billion) deal that beefs up its challenge to state-owned market leader EDF (EDF.PA). The deal is part of Total's strategy to grow its low-carbon energy assets to 20 percent of total assets by 2035 from 5 percent today and comes as other global oil and gas majors also shift to more renewable energy and electricity. "This friendly takeover is part of the group's strategy to expand along the entire gas-electricity value chain and to develop low-carbon energies," CEO Patrick Pouyanne said.

  • EDF Energy becomes second UK firm to raise energy prices
    Reuters10 days ago

    EDF Energy becomes second UK firm to raise energy prices

    EDF Energy said on Thursday it would raise its energy prices in Britain, the second firm this week to announce an increase, despite pressure from the government to keep bills down. The British arm of French utility EDF (EDF.PA) said the rise was due to higher costs associated with supplying electricity, echoing comments made by rival Centrica (CNA.L), which announced its rise on Tuesday. "EDF Energy continues to face pressures with energy, policy and the costs of installing smart meters all increasing significantly since last summer," it said in a statement.

  • Financial Times10 days ago

    [$$] US green group to launch methane detection satellite

    The Environmental Defense Fund, a US green group, plans to spend tens of millions of dollars on a satellite to spot methane leaking from oil and gas industry installations. The project, which will be funded ...

  • Reuters11 days ago

    ASN imposes test on more weldings at EDF's Flamanville reactor

    French state-controlled utility EDF (EDF.PA) will have to inspect more weldings at the nuclear plant it is building in Flamanville, France after flaws were discovered in the weldings of the reactor's secondary circuit, nuclear regulator ASN said. EDF said on Tuesday that problems with Flamville's weldings were worse than first expected and may impact the cost and startup of the long-delayed project. The utility will comment on the start-up schedule at the end of May, after it has verified all 150 weldings in the secondary circuit that conducts steam from the steam generator to the plant's turbines.

  • Reuters11 days ago

    China begins fuel loading at long-delayed EPR nuclear project

    China has begun loading fuel at its first European Pressurised Reactor (EPR) unit in the southeastern province of Guangdong, developer China General Nuclear Power (CGN) said, a sign that the long-delayed project could finally be close to completion. CGN, which owns 70 percent of the project, said in a notice on its official Wechat account that it was given formal approval to begin fuel loading at Unit 1 of the Taishan project by the National Nuclear Safety Commission on Tuesday. Fuel loading at the site began late on Tuesday evening following a ceremony.

  • Reuters12 days ago

    Britain's Co-op to buy Flow Energy as energy price cap looms

    Britain's Co-operative Energy will buy fellow energy supplier Flow Energy, the two companies said on Tuesday, with the smaller firm warning it would have struggled under the government’s looming price cap. Flow Energy, the main business of Flowgroup (FLOWF.L), which is listed on London Stock Exchange's AIM junior market, will be sold for 9.25 million pounds ($13.10 million), FlowGroup said. Flow Energy has around 130,000 customers and is one of the more than 50 suppliers challenging Britain's big six energy providers - Centrica's (CNA.L) British Gas, SSE (SSE.L), E.ON (EONGn.DE), EDF Energy (EDF.PA), Innogy's (IGY.DE) Npower and Iberdrola's (IBE.MC) Scottish Power.

  • Reuters12 days ago

    EDF says Flamanville weldings problems worse than expected

    Problems with weldings at a nuclear reactor under construction in Flamanville are worse than first expected and may impact the cost and startup of the long-delayed project, French state-owned utility EDF (EDF.PA) said on Tuesday. When EDF first reported weldings problems on Feb. 22, it initially said there would be no impact on safety, costs or the reactor startup schedule.

  • Financial Times12 days ago

    [$$] EDF’s Flamanville nuclear reactor may face delay after welding issues

    French utility EDF said on Tuesday that problems with the weldings at its Flamanville site may have an impact on the costs and the schedule for starting the long-delayed nuclear reactor. Following an assessment ...

  • Reuters17 days ago

    French consumers group says EDF monopoly leads to higher power prices

    French consumers group UFC Que Choisir said the virtual monopoly on electricity generation in France held by the country's state-owned utility EDF (EDF.PA) leads to higher prices, and it called for tighter regulation. UFC said in a study that when wholesale power prices are low, EDF systematically underutilised its nuclear plants, which leads to more expensive fossil-fuel fired power generation assets to be used, and in turn results in higher power prices. The consumer group said it estimated EDF had boosted its revenue by about 2.3 billion euros (2.00 billion pounds) in this way between 2012 and 2017.

  • Bloomberg17 days ago

    Wind Power Cheaper Than Ever in Brazil, Almost as Low as Mexico

    Pent-up demand and cheaper equipment helped drag down wind-power prices to the lowest ever in Brazil, and almost reaching the Latin America record.

  • Exclusive - Italy's Edison launches spin-off of oil & gas unit: sources
    Reuters18 days ago

    Exclusive - Italy's Edison launches spin-off of oil & gas unit: sources

    Italian energy group Edison (EDNn.MI), part of French utility EDF (EDF.PA), is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said. Edison has selected investment banks Rothschild (ROTH.PA) and Perella Weinberg to organise an auction for the exploration and production division, which could be valued at $2 billion (1.43 billion pounds) to $3 billion, one of the sources said. The company has been looking to increase the size of its domestic electricity and gas retail business, betting on the market opening up to more competition, with retail energy customers increasingly able to chose their supplier.

  • Reuters18 days ago

    French rail unions take on Macron with mass rolling strikes

    French rail workers launched a series of nationwide strikes on Tuesday, threatening months of transport disruption in the sternest challenge yet to President Emmanuel Macron's efforts to modernise Europe's second biggest economy. State-run rail company SNCF, which Macron wants to overhaul, said 48 percent of the workers needed for the network to run smoothly were absent, as they joined the protests against plans to trim benefits including job guarantees and generous pensions. "I do understand why they're striking," said Marie Charles, a Paris commuter.

  • Reuters19 days ago

    French rail unions in showdown with Macron in rolling strike

    French railway services were decimated on Tuesday, the first day of rolling strikes which are due to run for months in a serious test for President Emmanuel Macron's resolve to modernise the French economy. The four main rail unions have called two days of strikes in every five days for the next three months to protest against a shake-up of the national SNCF rail monopoly before it is opened up to competition as required by EU law. The last time a French president squared off against rail unions over workers' benefits it ended badly.

  • EDF, IBM Warn U.K. of Shortages, Risks After Brexit, Mail Says
    Bloomberg21 days ago

    EDF, IBM Warn U.K. of Shortages, Risks After Brexit, Mail Says

    Electricite de France SA is among companies warning the U.K. government about significant threats to their businesses after Britain leaves the European Union, according to a report in the Mail on Sunday, ...

  • Reuters25 days ago

    EDF to invest 8 billion euros in power storage business

    French state-owned utility EDF (EDF.PA) plans to invest eight billion euros (7 billion pounds) between 2018 and 2035 to become a European market leader in electricity storage. EDF, which already operates pumped storage hydropower plants and some utility-scale power storage batteries, said on Tuesday it aimed to become a French and European market leader, offering storage batteries for customers in the retail power sector. "With storage we can smooth out the intermittence of renewable energy and guarantee the balancing of power grids," EDF chief executive Jean-Bernard Levy told reporters.

  • Reuterslast month

    French unions plan to disrupt electricity production on Thursday

    French workers plan to cut output at electricity generation sites on Thursday as part of a nationwide strike by unions against planned government liberalisation reforms, hardline union CGT said in a statement. Power sector workers will join rail and public sector workers who will take to the streets on Thursday to protest against President Emmanuel Macron's planned reform of the rail and French civil service. The CGT said the French power sector was under the threat of planned liberalisation reforms which could jeopardise French energy security.

  • Innogy sticks to advertising strategy as break up looms
    Reuterslast month

    Innogy sticks to advertising strategy as break up looms

    DUESSELDORF/FRANKFURT (Reuters) - Innogy (IGY.DE), Germany's largest listed energy group said it will continue with its advertising strategy despite plans by parent RWE (RWEG.DE) and peer E.ON (EONGn.DE) to break it up. Listed to much fanfare in 2016 in Germany's largest share sale since 2000, Innogy spent a mid-double digit million euro sum on introducing its brand, it said. "We are not conducting our business any different in light of the agreement with regard to the planned transaction between RWE and E.ON," Innogy said in emailed comments to Reuters when asked whether ad spending would fall.

  • Reuterslast month

    Majority of French back selling state assets in Renault, Orange, PSA - poll

    France announced last year plans to sell some 10 billion euros (£8.78 billion) worth of stakes in state-owned companies in order to raise money for a new fund to finance innovation, an election pledge of President Emmanuel Macron. Renault, at the heart of a power struggle over its ownership, topped the list, with 56 percent in favour of the state selling at least some of its 15 percent stake.

  • Reuterslast month

    France considers developing mini nuclear reactors, eyes cost

    PARIS (Reuters) - The French nuclear industry is considering developing Small Modular Reactors (SMRs), but will have to ensure these miniaturised generators are not only technically feasible but also financially ...

  • Reuterslast month

    France considers developing mini nuclear reactors, eyes cost

    The French nuclear industry is considering developing Small Modular Reactors , but will have to ensure these miniaturised generators are not only technically feasible but also financially viable, executives ...

  • EDF confident that lifespan of its reactors can be extended
    Reuterslast month

    EDF confident that lifespan of its reactors can be extended

    French utility EDF (EDF.PA) is confident that nuclear safety regulator ASN will allow it to extend the lifespan of its nuclear reactors beyond 40 years, an EDF executive said on Thursday. Dominique Miniere, head of EDF's French nuclear and thermal fleet, told a parliamentary committee hearing about nuclear safety that the company has been having discussions with the regulator on what safety aspects it should tackle if it wants to extend the lifespan of its reactors. "We are confident that we will be able to continue operating our nuclear reactors after the fourth decennial overhaul," Miniere said.

  • Electricité de France SA. (EPA:EDF): What Does The Future Look Like?
    Simply Wall St.last month

    Electricité de France SA. (EPA:EDF): What Does The Future Look Like?

    In December 2017, Electricité de France SA. (ENXTPA:EDF) announced its latest earnings update, which signalled that the business gained from a robust tailwind, leading to a double-digit earnings growth ofRead More...