Ørsted A/S (DOGEF)
| Previous close | 54.54 |
| Open | 58.89 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 58.05 - 59.96 |
| 52-week range | 35.31 - 101.22 |
| Volume | |
| Avg. volume | 393 |
| Market cap | 25.378B |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -7.31 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | 1.92 (3.56%) |
| Ex-dividend date | 08 Mar 2023 |
| 1y target est | N/A |
ReutersWind farm developer Orsted confident about strategy after Q1 profit rises
Orsted, the world's biggest offshore wind farm developer, reported on Thursday a rise in first-quarter operating profit thanks to higher earnings from its offshore wind farms, and confirmed its full-year guidance. The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays. Following a strategic review of its business, Orsted, which is 51%-owned by the Danish state, trimmed in February its investment and capacity targets, paused dividend payouts, and its finance and operations chiefs stepped down.
CityAMOrsted sells stake in four US wind farms as group continues to navigate market uncertainty
Going forward, Orsted said it would continue to operate the wind farms, but Stonepeak will receive 80 per cent of the cash distributed by the assets.
ReutersOrsted must restore investor confidence, says new chair
Denmark's Orsted must restore investor confidence, new chair Lene Skole said on Tuesday after a shareholder meeting elected her to oversee the offshore wind power giant's turnaround drive. She takes the role as the world's largest offshore wind farm developer looks to bounce back from a string of losses and project cancellations. Late last year, the company scrapped two U.S. offshore wind projects.
