CNA.L - Centrica plc
| Previous close | 147.20 |
| Open | 147.65 |
| Bid | 145.00 x 534900 |
| Ask | 155.00 x 144700 |
| Day's range | 147.25 - 151.02 |
| 52-week range | 119.71 - 213.00 |
| Volume | 21,276,857 |
| Avg. volume | 28,723,953 |
| Market cap | 8.427B |
| Beta | 0.89 |
| PE ratio (TTM) | 25.10 |
| EPS (TTM) | 6.00 |
| Earnings date | 20 Feb 2018 - 28 Feb 2018 |
| Forward dividend & yield | 0.12 (8.53%) |
| Ex-dividend date | 2018-05-10 |
| 1y target est | 152.56 |
- Reuters - UK Focus•14 hours ago
UK watchdog threatens full investigation into SSE, Npower utility merger
Britain's competition watchdog said the planned merger of SSE (LSE: SSE.L - news) 's retail power and gas business in the UK with Npower, owned by German rival Innogy , could lead to higher prices for customers and warrants further scrutiny. The watchdog said the merger would be referred for a longer Phase 2 investigation unless the parties offer acceptable undertakings to address the competition concerns. "We know that competition in the energy market does not work as well as it might," said Rachel Merelie, senior director at the Competition and Markets Authority (CMA).
- Reuters - UK Focus•7 days ago
Scottish Power becomes third UK firm to raise energy prices
Scottish Power will raise its standard variable domestic gas and electricity prices in Britain by an average of 5.5 percent from June 1, becoming the third firm to announce an increase this month. The ...
Reuters•15 days agoEDF Energy becomes second UK firm to raise energy prices
EDF Energy said on Thursday it would raise its energy prices in Britain, the second firm this week to announce an increase, despite pressure from the government to keep bills down. The British arm of French utility EDF (EDF.PA) said the rise was due to higher costs associated with supplying electricity, echoing comments made by rival Centrica (CNA.L), which announced its rise on Tuesday. "EDF Energy continues to face pressures with energy, policy and the costs of installing smart meters all increasing significantly since last summer," it said in a statement.
- Reuters - UK Focus•15 days ago
EDF Energy becomes second UK firm to raise energy prices
EDF Energy said on Thursday it would raise its energy prices in Britain, the second firm this week to announce an increase, despite pressure from the government to keep bills down. The British arm of French utility EDF (Paris: FR0010242511 - news) said the rise was due to higher costs associated with supplying electricity, echoing comments made by rival Centrica (Frankfurt: A0DK6K - news) , which announced its rise on Tuesday. "EDF Energy continues to face pressures with energy, policy and the costs of installing smart meters all increasing significantly since last summer," it said in a statement.
- Reuters - UK Focus•15 days ago
EDF Energy to raise British energy bills by 1.4 pct
EDF Energy will increase the cost of its standard dual fuel energy bills by 1.4 percent from June 7, the company said on Thursday. The British arm of French utility EDF said the rise was due to higher ...
- Reuters•17 days ago
Britain's Co-op to buy Flow Energy as energy price cap looms
Britain's Co-operative Energy will buy fellow energy supplier Flow Energy, the two companies said on Tuesday, with the smaller firm warning it would have struggled under the government’s looming price cap. Flow Energy, the main business of Flowgroup (FLOWF.L), which is listed on London Stock Exchange's AIM junior market, will be sold for 9.25 million pounds ($13.10 million), FlowGroup said. Flow Energy has around 130,000 customers and is one of the more than 50 suppliers challenging Britain's big six energy providers - Centrica's (CNA.L) British Gas, SSE (SSE.L), E.ON (EONGn.DE), EDF Energy (EDF.PA), Innogy's (IGY.DE) Npower and Iberdrola's (IBE.MC) Scottish Power.
- Reuters - UK Focus•17 days ago
Britain's Co-op to buy Flow Energy as energy price cap looms
Britain's Co-operative Energy will buy fellow energy supplier Flow Energy, the two companies said on Tuesday, with the smaller firm warning it would have struggled under the government’s looming price cap. Flow Energy, the main business of Flowgroup (LSE: FLOW.L - news) , which is listed on London Stock Exchange (Other OTC: LDNXF - news) 's AIM junior market, will be sold for 9.25 million pounds ($13.10 million), FlowGroup said.
- Reuters•17 days ago
British Gas raising energy prices by 5.5 percent
British Gas will raise the price of its most widely used standard tariff for customers getting electricity and gas by an average of 5.5 percent from May 29, parent Centrica (CNA.L) said on Tuesday. Increases to electricity and gas charges will add 60 pounds ($85) to annual bills for 4.1 million customers on the standard variable tariff (SVT), raising them to an average of 1,161 pounds, the company said. British Gas withdrew its SVT default tariff for new customers on March 31 and is working to move customers off SVTs and on to fixed tariffs.
- Reuters - UK Focus•17 days ago
British Gas raising energy prices by 5.5 percent
British Gas will raise the price of its most widely used standard tariff for customers getting electricity and gas by an average of 5.5 percent from May 29, parent Centrica (Frankfurt: A0DK6K - news) said on Tuesday. Increases to electricity and gas charges will add 60 pounds ($85) to annual bills for 4.1 million customers on the standard variable tariff (SVT), raising them to an average of 1,161 pounds, the company said. British Gas withdrew its SVT default tariff for new customers on March 31 and is working to move customers off SVTs and on to fixed tariffs.
- Reuters•20 days ago
Cyclicals suffer as new Trump tariff threat hits FTSE 100
By Helen Reid and Kit Rees LONDON (Reuters) - The latest salvo in a trade row between the U.S. and China weighed on Britain's FTSE 100 on Friday, though the damage was limited as mining and bank stocks ...
Reuters•last monthUtilities step into blockchain to stay ahead of Europe's energy shakeup
European utilities plan to begin some direct trades with one another using blockchain technology within months, hoping to stay ahead in a world in which individuals may eventually sell green energy to one another. The distributed ledger technology that underpins the bitcoin currency has already been tested by energy operators for wholesale trading, but it will go live with just a few selected electricity and gas contracts to start with. The initiative, Enerchain, is a forerunner of more possible uses of the technology by established energy players and wider options explored by a raft of start-ups to harness its potential - many of them years away from execution.
- Reuters - UK Focus•last month
Utilities step into blockchain to stay ahead of Europe's energy shakeup
European utilities plan to begin some direct trades with one another using blockchain technology within months, hoping to stay ahead in a world in which individuals may eventually sell green energy to one another. The distributed ledger technology that underpins the bitcoin currency has already been tested by energy operators for wholesale trading, but it will go live with just a few selected electricity and gas contracts to start with. The initiative, Enerchain, is a forerunner of more possible uses of the technology by established energy players and wider options explored by a raft of start-ups to harness its potential - many of them years away from execution.
- Reuters•last month
Chrysaor buys three North Sea fields from Spirit Energy
Chrysaor, which bought a portfolio of Royal Dutch Shell (RDSa.L) assets last year, said on Thursday it would acquire stakes in three ageing North Sea fields from Spirit Energy. "The acquisition is part of Chrysaor's strategy to prolong asset life, maximise recovery and deliver value from the UK North Sea," Chief Executive Officer Phil Kirk said in a statement. Private equity-backed Chrysaor will become the sole owner of the Armada, Maria and Seymour fields, it said.
- Reuters - UK Focus•last month
Chrysaor buys three North Sea fields from Spirit Energy
Chrysaor, which bought a portfolio of Royal Dutch Shell (LSE: 0LN9.L - news) assets last year, said on Thursday it would acquire stakes in three ageing North Sea fields from Spirit Energy. "The acquisition is part of Chrysaor's strategy to prolong asset life, maximise recovery and deliver value from the UK North Sea," Chief Executive Officer Phil Kirk said in a statement. Private equity (IOB: 0QLS.IL - news) -backed Chrysaor will become the sole owner of the Armada, Maria and Seymour fields, it said.
- Fool.co.uk•last month
Why I’d sell Centrica plc for this growth and dividend stock
Royston Wild explains why Centrica plc (LON: CNA) isn't the big yielder he would buy right now.
- Reuters•last month
Rough justice? UK snubs call for gas storage capacity review
Britain has rebuffed calls from the gas industry for an urgent review of the country's gas storage capacity after a cold snap this month triggered warnings of supply shortages and gas prices spiked to their highest in at least a decade. Operators of gas storage sites, industries reliant on gas and developers of new storage projects have been asking for an inquiry since November, following the closure of the Rough site that provided 70 percent of Britain's gas storage capacity. The government says it is up to the market to determine whether it makes sense to invest in new gas storage and if there are any supply shortages, prices will rise sufficiently to attract more gas from elsewhere.
- Oilprice.com•last month
UK Gas Crisis: Out Of The Frying Pan Into The Fire
Blizzards and bitter cold in the United Kingdom are pleasing extreme stress on the island’s resources, highlighting a greater need for energy diversity
Reuters•last monthInnogy's UK arm npower lost 155,000 domestic customers in 2017
LONDON (Reuters) - npower, the British retail arm of German utility Innogy (IGY.DE), lost 155,000 domestic accounts last year amid the highest customer churn in the UK for several years, the firm said in its annual results on Monday. Npower's revenues for 2017 dropped by 76 million pounds ($106 million) to 6.027 billion pounds due to fierce competition between suppliers, it said in a statement. It had 4.56 million UK customer accounts at the end of 2017, down from 4.71 million a year earlier.
- Reuters•last month
German Innogy carve-up could complicate SSE's npower merger
RWE and E.ON's (EONGN.DE) surprise carve up of Germany's Innogy (IGY.DE) could complicate a merger of SSE (SSE.L) and Innogy-owned npower to create Britain's second largest energy supplier, although both firms said it remained on track. Under Sunday's proposed break-up of Innogy, its assets will be divided between parent RWE and E.ON, which would take over npower, potentially raising regulatory concerns, some analysts said on Monday. SSE and npower said last year they would merge their retail gas and power operations, combining some 11.5 million customers to better challenge top-ranked British Gas.
- Reuters - UK Focus•last month
German Innogy carve-up could complicate SSE's npower merger
RWE (IOB: 0FUZ.IL - news) and E.ON's surprise carve up of Germany's Innogy could complicate a merger of SSE (LSE: SSE.L - news) and Innogy-owned npower to create Britain's second largest energy supplier, although both firms said it remained on track. Under Sunday's proposed break-up of Innogy, its assets will be divided between parent RWE and E.ON, which would take over npower, potentially raising regulatory concerns, some analysts said on Monday. SSE and npower said last year they would merge their retail gas and power operations, combining some 11.5 million customers to better challenge top-ranked British Gas.
- Reuters - UK Focus•last month
Innogy's UK arm npower lost 155,000 domestic customers in 2017
LONDON, March 12 (Reuters) - npower, the British retail arm of German utility Innogy, lost 155,000 domestic accounts last year amid the highest customer churn in the UK for several years, the firm said in its annual results on Monday. Npower's revenues for 2017 dropped by 76 million pounds ($106 million) to 6.027 billion pounds due to fierce competition between suppliers, it said in a statement. It had 4.56 million UK customer accounts at the end of 2017, down from 4.71 million a year earlier.
Reuters•2 months agoRecord number of UK energy customers switched supplier in February
LONDON (Reuters) - A record number of British energy customers switched supplier in February, data from industry group Energy UK showed on Monday. * 668,000 customers switched during the month, the highest ...
- Reuters - UK Focus•2 months ago
Record number of UK energy customers switched supplier in Feb
A record number of British energy customers switched supplier in February, data from industry group Energy UK showed on Monday. * 668,000 customers switched during the month, the highest monthly switching ...
- Reuters - UK Focus•2 months ago
Germany's Wintershall to submit Nova field development plan in H1 2018
BASF's oil and gas subsidiary Wintershall, which plans to merge with Russian-owned German peer DEA, said on Wednesday: ** Expects to submit a plan for the development of its Nova field in the Norwegian ...
- Reuters - UK Focus•2 months ago
British energy regulator commits to price caps by end of 2018
The British energy regulator said on Tuesday it is committed to implementing a cap on prices for millions of households by the end of this year, providing parliament passes the necessary legislation before a summer recess. * The regulator, Ofgem, will be given new powers to set and implement price limits by legislation introduced last week and expected to pass in time for the cap to be in place by winter. * Ofgem said it aimed to cap prices for 12 million households, which it says are paying as much as 300 pounds ($415) more than those on the cheapest tariffs.
