|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.66 - 26.89|
|52 Week Range||19.23 - 27.49|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.78 (2.96%)|
|1y Target Est||35.66|
Germany, a poster child for responsible energy, is renouncing nuclear and coal. The country, the biggest electricity market in the European Union, is abandoning nuclear power by 2022 due to safety concerns compounded by the Fukushima disaster and phasing out coal plants over the next 19 years to combat climate change. In the next three years alone conventional energy capacity is expected to fall by a fifth, leaving it short of the country's peak power demand.
The German Economy Ministry said on Thursday it expected a law on the country's coal exit to be decided by the end of the year, adding talks with utility RWE - which wants billions of euros in compensation - were progressing constructively. Under proposals hammered out by a government-appointed commission earlier this year, Germany is to fully phase out coal as an energy source by 2038, hitting operators of such plants including RWE, Germany's largest electricity producer. The ministry said the talks with RWE were at an advanced stage.
Germany's RWE is tallying the economic loss after environmental activists entered and occupied its Garzweiler open-pit lignite mine over the weekend, the utility said on Sunday. The 1,300 protesters, demanding an immediate exit from coal use, also blocked tracks for coal supply lines, as well as set fires to a pump station, switch cabinets and vehicles, RWE said. "There is a plan on the table for phasing-out coal and there is no reason to endanger people and carry out illegal actions," Frank Weigand, chief executive officer of RWE Power, said in a statement.
Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020. Sources said in April that Wintershall DEA had picked the banks to arrange its stock market flotation. Mario Mehren, the CEO of the company, confirmed the plans.
Sweden's Vattenfall will seek to monitor and possibly widen expansion targets for offshore wind in Europe which is growing amid rising investor interest, said the company's board member in charge of wind, Gunnar Groebler. Groebler had said in January that the company was aiming to arrive at an installed total 11,000 megawatts (MW) of offshore wind by 2025, up from 3,000 MW installed at the end of 2018. "These targets for offshore wind already need constant monitoring and reviewing," Groebler said in an interview with Reuters.
Energy firm Innogy , in the process of being broken up by parent RWE and rival E.ON, could team up with oil majors to build offshore wind farms in the booming U.S. market, one of its board members said. Projects off the U.S. coast have become a major target for utilities in Europe, by far the world's largest offshore market in terms of installed capacity, with several large players forming partnerships with Shell.
The size of RWE Aktiengesellschaft (FRA:RWE), a €14b large-cap, often attracts investors seeking a reliable investment...
Moody's Investors Service ("Moody's") has today affirmed the Baa1 issuer rating and the baa2 baseline credit assessment (bca) of Urenco Ltd (Urenco). Concurrently, Moody's has affirmed the (P)Baa1 ratings on the Senior Unsecured MTN program and the Baa1 ratings on the Senior Unsecured Notes issued under the program by Urenco Finance N.V. The outlook is stable. Today's affirmation of Urenco's baa2 bca reflects Moody's expectation of resilient operational and financial performance over the period 2019-21, owing to the company's leading position in the concentrated global market of uranium enrichment services and benefits arising from the industry's high entry barriers and increasingly regulated nature.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! RWE Aktiengesellschaft (FRA:RWE) is a stock with outstanding fundamental characteristics. When we build an investmen...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of RWE AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Further, these stocks have a moderate to high financial strength rating, which is mainly the result of a low total debt-to-equity ratio and a current ratio of at least 1.25. Warning! GuruFocus has detected 3 Warning Signs with UTGN.
If you want to know who really controls RWE Aktiengesellschaft (FRA:RWE), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders, Read More...
Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider RWE Aktiengesellschaft (FRA:RWE). With a market valuation of €11.3b, RWE is a safe Read More...
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