Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
United KingdomIPO:
10 August 2005Website:
http://www.nationalgrid.comNext earnings report:
07 November 2024Last dividends:
07 June 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:08:53 GMTAnalysts recommendations
Institutional Ownership
NGG Latest News
NGG makes a strong case for investment, given its growth prospects, focus on clean energy and capability to increase shareholders' value.
National Grid PLC (LSE:NG.) expects to earn £70 million more than expected from its Electricity System Operator (ESO) mechanism in the first half of its financial year ending on 7 November.
Thousands of employees lend time and talent to local causes BROOKLYN, N.Y. , Sept. 16, 2024 /PRNewswire/ -- More than 1,500 National Grid employees will step away from their desks to volunteer with community organizations and schools as they celebrate the fourth anniversary of the company's Project C initiative.
National Grid PLC (LSE:NG.)'s expected sale of its electricity system operating (ESO) will leave control of Britain's energy grid in public hands for the first time since the 1990s.
National Grid PLC (LSE:NG.) has announced terms have been agreed for the sale of Britain's electricity system operator (ESO) to the government.
NGG makes a strong case for investment, given its growth prospects, strategic investments and capability to increase shareholders' value through dividend payouts.
National Grid's dividend cut and funding snag led to a drop in share price, but I see potential for growth and solid yield. I stand by my "Buy" rating for NGG stock, doubled my investment stake following funding needs for this utility. Gas-fueled assets remain core to the UK's needs despite renewable plans.
BROOKLYN, N.Y. , Aug. 1, 2024 /PRNewswire/ -- National Grid today announced that Sally Librera will join National Grid as President of its New York business, and sit on the Group Executive Committee, further strengthening National Grid's leadership team and reinforcing its credentials as a leader in the energy transition.
National Grid PLC (LSE:NG.) has up to 70% upside with a fair wind according to a bullish write-up from analysts at JP Morgan ahead of next week's regulatory determinations for the next five years.
A couple of years after the step down of baseline compensation for the transmission network, the distribution concession is now also seeing lower baseline comp. Transmission is growing because RAB gets indexed to inflation, but a lot of the growth was non-recurring and otherwise has to be financed by large basically obligatory CAPEX. The compensation at fair values by Ofgem means that there's no outstanding compounding engine here. It's why they needed to do a rights issue equity raise.
What type of business is National Grid?
National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
What sector is National Grid in?
National Grid is in the Utilities sector
What industry is National Grid in?
National Grid is in the Electric industry
What country is National Grid from?
National Grid is headquartered in United Kingdom
When did National Grid go public?
National Grid initial public offering (IPO) was on 10 August 2005
What is National Grid website?
https://www.nationalgrid.com
Is National Grid in the S&P 500?
No, National Grid is not included in the S&P 500 index
Is National Grid in the NASDAQ 100?
No, National Grid is not included in the NASDAQ 100 index
Is National Grid in the Dow Jones?
No, National Grid is not included in the Dow Jones index
When was National Grid the previous earnings report?
No data
When does National Grid earnings report?
The next expected earnings date for National Grid is 07 November 2024