Previous close | 4.3780 |
Open | 4.3690 |
Bid | 4.2760 x 0 |
Ask | 4.4540 x 0 |
Day's range | 4.3410 - 4.3690 |
52-week range | 4.1130 - 7.7050 |
Volume | |
Avg. volume | 1,357,663 |
Market cap | 14.813B |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 21.82 |
EPS (TTM) | 0.2000 |
Earnings date | 31 Jul 2024 |
Forward dividend & yield | 0.33 (7.51%) |
Ex-dividend date | 19 Jun 2023 |
1y target est | N/A |
MILAN (Reuters) -Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalised by year-end. Snam, which is controlled by the Italian government, said in a statement it had exercised its pre-emption right to up its stake in the terminal dubbed Adriatic LNG to 30% from 7.3%. The move comes after ExxonMobil and QatarEnergy last week agreed to sell their stakes in the terminal to a consortium led by Dutch group VTTI.
Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end. Snam, which is controlled by the Italian government, said in a statement it had exercised its pre-emption right to increase its stake in the infrastructure dubbed Adriatic LNG to 30% from 7.3%. The move comes after ExxonMobil and QatarEnergy last week agreed to sell their stakes in the terminal to a consortium led by Dutch group VTTI.
MILAN (Reuters) -Italy's Snam will invest 11.5 billion euros ($12.5 billion) by 2027 to expand its infrastructure to support the country's energy transition, 15% more than in its previous business plan, the gas network operator said on Thursday. In its new strategy, the state-controlled group will focus on the construction of a new pipeline and the completion of liquefied natural gas (LNG) infrastructure. It will also invest in energy transition businesses including a carbon capture and storage hub and the development of a European hydrogen network.