Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
South KoreaIPO:
27 October 1994Website:
http://home.kepco.co.krNext earnings report:
14 November 2024Last dividends:
30 December 2020Next dividends:
N/APrice
after hours | Fri, 04 Oct 2024 20:07:06 GMTDividend
Analysts recommendations
Institutional Ownership
KEP Latest News
Kim Dong-cheol was recently appointed as Korea Electric Power's new CEO, and he replaces Cheong Seung-il who previously disclosed in May he wished to step down as CEO. A meaningful increase in the electricity tariff rate and a faster pace of revenue diversification are some of the key goals set by the new CEO. I have a favorable view of the new CEO appointment, and this explains why I have maintained my Buy rating for KEP.
Korea Electric Power's Q2 2023 performance is expected to be better as compared to the first quarter, considering an electricity tariff hike and lower purchased power costs. KEP's high financial leverage isn't a major concern, taking into account Fitch's credit rating, its debt maturity profile, and asset monetization plans. I leave my Buy rating for Korea Electric Power unchanged, after assessing KEP's financial outlook and its credit risks.
What type of business is Korea Electric Power?
Korea Electric Power Corporation is an Asian integrated electric power company. Registered in 1981, the headquarters is located in the city of Naju, Jeollanam Province. The "Electricity Sales" segment is engaged in the sale and supply of electricity, as well as the development of energy resources. The Nuclear Energy segment is involved in nuclear energy, hydroelectric power, and hydraulic energy storage. The "Thermal Energy" segment produces electricity using coal, anthracite coal, liquefied natural gas (LNG), and other energy sources. The "Other Activities" segment specializes in power plant design, technical maintenance of power generation facilities, nuclear fuel supply, and provision of services in the field of information and communication technologies (ICT) in the energy sector.
What sector is Korea Electric Power in?
Korea Electric Power is in the Utilities sector
What industry is Korea Electric Power in?
Korea Electric Power is in the Electric industry
What country is Korea Electric Power from?
Korea Electric Power is headquartered in South Korea
When did Korea Electric Power go public?
Korea Electric Power initial public offering (IPO) was on 27 October 1994
What is Korea Electric Power website?
https://home.kepco.co.kr
Is Korea Electric Power in the S&P 500?
No, Korea Electric Power is not included in the S&P 500 index
Is Korea Electric Power in the NASDAQ 100?
No, Korea Electric Power is not included in the NASDAQ 100 index
Is Korea Electric Power in the Dow Jones?
No, Korea Electric Power is not included in the Dow Jones index
When was Korea Electric Power the previous earnings report?
No data
When does Korea Electric Power earnings report?
The next expected earnings date for Korea Electric Power is 14 November 2024