|Bid||12.80 x 0|
|Ask||13.03 x 0|
|Day's range||12.87 - 13.03|
|52-week range||9.84 - 26.00|
|Beta (5Y monthly)||1.14|
|PE ratio (TTM)||5.26|
|Forward dividend & yield||0.85 (6.55%)|
|Ex-dividend date||27 Apr 2022|
|1y target est||N/A|
ENGIY vs. EXC: Which Stock Is the Better Value Option?
PARIS (Reuters) -French utility Engie said on Friday it was well prepared for a reduction in deliveries of Russian gas, as its first-half profits surged on the back of higher energy prices. Engie added it was working with the Belgian government on possibly extending operations at two nuclear units. Russia's invasion of Ukraine has thrown the spotlight on the Europe's reliance on Russian gas, prompting a scramble to find alternative energy sources.
BRUSSELS (Reuters) -Belgium has reached an initial accord with French utility group Engie to extend the use of nuclear power by 10 years after Russia's invasion of Ukraine forced the government to rethink plans to rely more on natural gas. Engie's subsidiary Electrabel and the Belgian state signed a "non-binding letter of intent" and aimed to negotiate a binding legal agreement by the end of 2022, the government and Engie said on Friday. Belgium was to have exited nuclear power entirely in 2025, but now wants to extend the lives of its two newest reactors, Doel 4 and Tihange 3, with a restart in November 2026.