CNA.L - Centrica plc
| Previous close | 153.25 |
| Open | 153.50 |
| Bid | 143.00 x 534900 |
| Ask | 154.00 x 144700 |
| Day's range | 151.75 - 153.85 |
| 52-week range | 123.10 - 213.00 |
| Volume | 32,287,176 |
| Avg. volume | 28,205,985 |
| Market cap | 8.533B |
| Beta | 0.92 |
| PE ratio (TTM) | 25.38 |
| EPS (TTM) | 6.00 |
| Earnings date | 31 Jul 2018 |
| Forward dividend & yield | 0.12 (8.00%) |
| Ex-dividend date | 2018-05-10 |
| 1y target est | 149.73 |
- Reuters•2 days ago
Centrica, Tokyo Gas break mould in Mozambique LNG deal
LONDON/TOKYO (Reuters) - Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion (£15 billion) project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets. The deal also brings Anadarko one step closer to constructing its East African LNG project just as it corrals $14 billion to $15 billion from banks and export credit agencies for the 17,000-acre liquefaction complex in Mozambique's remote north. Lenders require Anadarko to fix at least 8.1 million tonnes (mt) of the project's 12.88 mt total annual output in long-term sales deals to guarantee project revenues.
- Reuters - UK Focus•2 days ago
Centrica, Tokyo Gas break mould in Mozambique LNG deal
LONDON/TOKYO, June 15 (Reuters) - Britain's Centrica (Frankfurt: A0DK6K - news) and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum (Other OTC: ANDKU - news) 's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets. The deal also brings Anadarko one step closer to constructing its East African LNG project just as it corrals $14 billion to $15 billion from banks and export credit agencies for the 17,000-acre liquefaction complex in Mozambique's remote north. Lenders require Anadarko to fix at least 8.1 million tonnes (mt) of the project's 12.88 mt total annual output in long-term sales deals to guarantee project revenues.
- Reuters - UK Focus•3 days ago
Cheniere Louisiana Sabine Pass LNG terminal back at full service
The amount of natural gas expected to flow to Cheniere Energy Inc (Frankfurt: 580884 - news) 's Sabine Pass liquefied natural gas (LNG) export terminal in Louisiana increased to the plant's full capacity on Friday, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data. On Wednesday, energy data provider Genscape said its infrared imagery of the facility picked up heat signatures that indicate Sabine Train 3, which had not been operating since May 16 due to suspected maintenance, started returning to service Tuesday night. Officials at Cheniere said they do not usually comment on plant operations.
- Reuters - UK Focus•3 days ago
Centrica, Tokyo Gas join Anadarko's Mozambique LNG project as buyers
Britain's Centrica (Frankfurt: A0DK6K - news) and Japan's Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas (LNG) from Anadarko Petroleum (Other OTC: ANDKU - news) 's Mozambique acreage, a deal that will help the U.S. company reach a final decision on the project. Centrica and Tokyo Gas will buy 2.6 million tonnes of LNG per year (mmta) from the start of operations until the early 2040s, the companies said in a statement. "The transaction represents the first long-term offtake agreement from Africa for both Tokyo Gas and Centrica in line with ongoing efforts to further diversify their respective portfolios of LNG sources," Centrica said in a statement.
- Reuters•4 days ago
UK Centrica CEO expects to maintain current dividend level
British energy supplier Centrica (CNA.L) said it expects to maintain its dividend at its current level, the company's chief executive Iain Conn said on Thursday. The company stepped up plans for job cuts and cost savings in February after posting a 17 percent fall in 2017 operating profit, leading to questions over its ability to maintain its dividend. "We expect to be able to pay the current level of dividend," Conn said at the FT Energy Transition Strategies Summit in London.
- Reuters - UK Focus•4 days ago
UK Centrica CEO expects to maintain current dividend level
British energy supplier Centrica (Amsterdam: CC8.AS - news) said it expects to maintain its dividend at its current level, the company's chief executive Iain Conn said on Thursday. The company stepped up plans for job cuts and cost savings in February after posting a 17 percent fall in 2017 operating profit, leading to questions over its ability to maintain its dividend. "We expect to be able to pay the current level of dividend," Conn said at the FT Energy Transition Strategies Summit in London.
- Reuters•4 days ago
Centrica aims to sell UK nuclear stake by end of 2020
France's EDF owns the other 80 percent of the nuclear plants, which generate around 20 percent of Britain's electricity. "We have had a number of people calling us saying they would be interested but we haven't started marketing it yet," Centrica CEO Iain Conn said on the sidelines of the FT Energy Transition Strategies Summit in London without identifying any interested parties. Conn said as early as last June that the company would consider selling the stake if the right offer came along.
- Reuters - UK Focus•4 days ago
Centrica aims to sell UK nuclear stake by end of 2020
France's EDF (Paris: FR0010242511 - news) owns the other 80 percent of the nuclear plants, which generate around 20 percent of Britain's electricity. "We have had a number of people calling us saying they would be interested but we haven't started marketing it yet," Centrica (Amsterdam: CC8.AS - news) CEO Iain Conn said on the sidelines of the FT Energy Transition Strategies Summit in London without identifying any interested parties. Conn said as early as last June that the company would consider selling the stake if the right offer came along.
- Reuters - UK Focus•4 days ago
UK Centrica CEO confident of maintaining current dividend level
British energy supplier Centrica said it is confident of maintaining its dividend at its current level, the company's chief executive Iain Conn said on Thursday. The company stepped up plans for job cuts ...
- Reuters - UK Focus•4 days ago
Cheniere Louisiana Sabine Pass LNG terminal seen back soon -Genscape
Cheniere Energy Inc's Sabine Pass liquefied natural gas export terminal in Louisiana could return to full service soon, according to energy data provider Genscape on Wednesday. Heat signatures picked up ...
Reuters•5 days agoHousebuilders, miners & oil stocks weigh on FTSE
By Helen Reid LONDON (Reuters) - Losses in miners and oil majors sent Britain's top share index into the red on Tuesday, while housebuilding stocks tumbled after weak results from Crest Nicholson piled ...
- Reuters•6 days ago
UK energy regulator to make suppliers pay compensation for switching woes
Britain's energy regulator plans to force companies to pay compensation to customers facing problems when switching supplier, in a bid to encourage more people to make the change. Customers could be paid at least 30 pounds ($40.15) for any issue faced, such as lengthy delays in any repayment or incorrect billing, under proposals launched by regulator Ofgem on Tuesday. The Competition and Markets Authority (CMA) found households overpaid 1.4 billion pounds a year from 2012 to 2015 because of uncompetitive standard tariffs, prompting the government to encourage people to switch supplier.
- Reuters - UK Focus•6 days ago
UK energy regulator to make suppliers pay compensation for switching woes
Britain's energy regulator plans to force companies to pay compensation to customers facing problems when switching supplier, in a bid to encourage more people to make the change. Customers could be paid at least 30 pounds ($40.15) for any issue faced, such as lengthy delays in any repayment or incorrect billing, under proposals launched by regulator Ofgem on Tuesday. The Competition and Markets Authority (CMA) found households overpaid 1.4 billion pounds a year from 2012 to 2015 because of uncompetitive standard tariffs, prompting the government to encourage people to switch supplier.
- Fool.co.uk•9 days ago
Is the Centrica share price the biggest value trap in the FTSE 100?
Roland Head explains why he rates Centrica plc (LON:CNA) as a top FTSE 100 (INDEXFTSE:UKX) buy, even if there are risks.
- Reuters - UK Focus•18 days ago
Cowen raises Cheniere target, new Louisiana Sabine LNG train likely
* U.S. financial services firm Cowen & Co on Wednesday raised its price target for Cheniere Energy Inc to $70 from $62 after the company suggested to analysts that it could make a decision to build a sixth ...
- Simply Wall St.•22 days ago
Does Centrica plc (LON:CNA) Have A Place In Your Portfolio?
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Centrica plc (LSE:CNA) has returned to shareholders overRead More...
- Fool.co.uk•22 days ago
Why the Centrica share price still looks a far safer bet than bitcoin
Centrica plc (LON: CNA) could offer greater stability and performance than bitcoin in the long run.
- Reuters - UK Focus•24 days ago
UK energy regulator opens one-month consultation on price caps
* Britain's energy regulator has called for comments from gas and electricity suppliers and consumers on plans to impose price caps on certain tariffs. * Ofgem says the consultation is on how it should set the price caps, how frequently to modify them and by what criteria it should judge whether they should be lifted. * The price caps on so-called standard variable rates were proposed by the government and will be implemented by the end of this year.
- Fool.co.uk•24 days ago
One FTSE 100 8% dividend yield I’d sell straight away
Royston Wild runs the rule over a FTSE 100 (INDEXFTSE: UKX) income share you should avoid like the plague.
- Fool.co.uk•28 days ago
Why I’d buy this hidden gem ahead of this FTSE 100 8% yielder
G A Chester reveals a blue-chip small-cap that could be a safer bet than a FTSE 100 (INDEXFTSE:UKX) 8% yielder.
- Fool.co.uk•29 days ago
Centrica share price: why is it underperforming the FTSE 100?
Should you dump Centrica plc (LON: CNA) in favour of the FTSE 100 (INDEXFTSE: UKX)?
Reuters•last monthCzech firms look to sweep up profits from dirty power
PRAGUE/FRANKFURT (Reuters) - Two Czech power companies are targeting fossil fuel-fired plants in Germany as part of a contrarian strategy to snap up older, polluting assets on the cheap from European energy giants going green. EPH and Seven Energy have submitted rival offers for French group Engie's (ENGIE.PA) plants near Munich and Bremen, as well as its 52 percent stake in a plant in Wilhemshaven, according to two utilities banking sources familiar with the matter. EPH and Seven Energy both told Reuters they were interested in acquisitions in Germany, but declined to comment on whether they had bid for the Engie plants.
- Reuters - UK Focus•last month
FOCUS-Czech firms look to sweep up profits from dirty power
PRAGUE/FRANKFURT, May 18 (Reuters) - Two Czech power companies are targeting fossil fuel-fired plants in Germany as part of a contrarian strategy to snap up older, polluting assets on the cheap from European energy giants going green. EPH and Seven Energy have submitted rival offers for French group Engie's plants near Munich and Bremen, as well as its 52 percent stake in a plant in Wilhemshaven, according to two utilities banking sources familiar with the matter.
- Reuters - UK Focus•last month
BUZZ-Centrica: falls after Morgan Stanley downgrade
** Centrica down 4.4 pct; bottom of FTSE 100 index ** Morgan Stanley cuts rating to "underweight" from "equal-weight" and TP to 115p from 160p ** Morgan Stanley says company continues ...
Sky News•last monthBritish Gas loses 110,000 customer accounts
British Gas lost 110,000 customer accounts over the first four months of the year but remained on track for its full-year targets as the cold weather saw customers turn up their heating. Centrica (Frankfurt: A0DK6K - news) , which owns the energy firm, said the exodus - amid intense competition - had slowed compared to levels seen last year. It was not the only one of the Big Six energy firms to see large numbers of customers leave, with npower on Monday reporting a fall of about 120,000 customer accounts in the first quarter of 2018.
