NG.L - National Grid plc
| Previous close | 832.00 |
| Open | 835.30 |
| Bid | 832.80 x 0 |
| Ask | 833.10 x 0 |
| Day's range | 827.30 - 838.40 |
| 52-week range | 744.50 - 892.00 |
| Volume | 1,914,235 |
| Avg. volume | 8,587,633 |
| Market cap | 28.423B |
| Beta (3Y monthly) | 0.87 |
| PE ratio (TTM) | 18.72 |
| EPS (TTM) | 44.50 |
| Earnings date | N/A |
| Forward dividend & yield | 0.47 (5.70%) |
| Ex-dividend date | 2019-05-30 |
| 1y target est | 912.93 |
- Simply Wall St.•2 days ago
Should You Be Worried About National Grid plc's (LON:NG.) 7.8% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Business Wire•4 days ago
National Grid Completes Acquisition of Leading Renewable Energy Developer
Today, National Grid , through its competitive non-regulated unit National Grid Ventures , completed its $100 million acquisition of Geronimo Energy - a leading wind and solar developer in North America.
- Reuters•8 days ago
National Grid faces possible penalty on non-compliance of New York safety rules
The investigation found that National Grid's Brooklyn Union Gas Company (KEDNY) and KeySpan Gas East Corp (KEDLI) failed to inspect work completed by its contractors during construction at sufficient intervals and allowed work to be completed by inspectors who were not properly qualified to do the work. The commission has ordered the two utilities to provide explanation on why it should not commence a penalty action against them.
- Simply Wall St.•22 days ago
Have Insiders Been Buying National Grid plc (LON:NG.) Shares This Year?
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
- Simply Wall St.•26 days ago
Do Institutions Own National Grid plc (LON:NG.) Shares?
Every investor in National Grid plc (LON:NG.) should be aware of the most powerful shareholder groups. Large companies...
- Fool.co.uk•26 days ago
Why I’d dump the Cash ISA and buy these FTSE 100 stocks yielding 6%
These FTSE 100 (INDEXFTSE:UKX) income champions offer much better returns than cash, argues Rupert Hargreaves.
- Fool.co.uk•27 days ago
2 dividend shares I think could boost any Stocks and Shares ISA
Andy Ross looks at two (INDEXFTSE:UKX) that generously reward investors with dividends and could supercharge an investor's portfolio.
- Reuters•28 days ago
Clean power to overtake fossil fuels in Britain in 2019
Britain, the birth place of coal power, is set this year to use more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the first time, the country's National Grid said on Friday. Britain was home to the world's first coal-fuelled power plant in the 1880s, and coal was its dominant electricity source and a major economic driver for the next century. "The incredible progress that Britain has made in the past 10 years means we can now say 2019 will be the year zero-carbon power beats fossil fuel fired generation for the first time," National Grid CEO John Pettigrew said.
Sky News•28 days agoZero-carbon electricity outstrips fossil fuels for first time
Britain has passed a milestone on the path to climate change-friendly electricity. For the first time since before the Industrial Revolution, the National Grid says more electricity is being generated from zero-carbon sources such as solar, wind and hydro power than from fossil fuels. The Drax power station in North Yorkshire has converted two-thirds of its site to generating electricity using low carbon biomass - which is basically wood pellets - instead of coal.
- Bloomberg•29 days ago
Power Companies Want to Tap the Tesla Batteries in Your Home
(Bloomberg) -- Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.The utility has about 40 customers in the program now in Massachusetts and Rhode Island, and said expanding it to include Tesla Inc.’s Powerwall users may boost participation before the typical summertime peak in power consumption. National Grid is targeting 280 customers across the two states by early next month.The program may help the utility reduce capital costs by letting it access stored power from customers of Sunrun Inc. and other providers during periods of high demand. A single Tesla Powerwall battery in Rhode Island could earn as much as $1,000 a year, according to a spokesman for the automaker.“By using this technology at peak periods, we reduce our electric loads when power is most expensive,” said John Isberg, a vice president at National Grid. “This should provide environmental benefits and reduce infrastructure-investment costs.”Utilities in the Northeast have been among the early movers in incorporating solar and battery-storage systems into power grids. New England’s grid operator in February approved the addition of 145 megawatts of solar capacity, including some from Sunrun paired with batteries. And in Vermont, utility Green Mountain Power introduced a program this year to let 250 customers get two Tesla Powerwall batteries for $30 a month.National Grid’s program comes as costs for batteries have plunged, making storage systems a popular complement to rooftop solar. Outages triggered by extreme weather and wildfires across the country have also boosted demand for batteries.“We’re just getting to the point where they can provide these services cost effectively,” said Paul Wassink, a senior engineer at National Grid.To contact the reporter on this story: Brian Eckhouse in New York at beckhouse@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Will Wade, Joe RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Fool.co.uk•last month
3 FTSE 100 dividend stocks that boast a wide moat and a 5%+ yield
Investors who intend to take a defensive position in the second half of 2019 should look to income-generating equities like British American Tobacco plc (LON:BATS).
- Reuters - UK Focus•last month
UPDATE 2-Europe closes in the red as Broadcom warning rocks chip sector
Trade-sensitive technology stocks led losses in European markets on Friday after U.S. chipmaker Broadcom's sales warning and disappointing industrial data out of China came as the clearest signs yet of the damage trade war may do to global growth. The pan-European STOXX 600 index closed down 0.4%, with Frankfurt's DAX index, which lists Europe's largest chipmaker Infineon, falling 0.6%. Broadcom, one of the biggest U.S. players in the chip sector, blamed the $2 billion hit to its 2019 sales on trade tensions and the ban on doing business with Huawei Technologies.
- Reuters - UK Focus•last month
Trump strikes "supportive" tone in meeting with British business leaders -sources
U.S. President Donald Trump struck a positive, conciliatory tone with top British and U.S. business leaders at a meeting in London on Tuesday, sources familiar with the talks told Reuters, despite tensions between the two countries over China's Huawei. In a breakfast gathering with 10 executives at St James' Palace, Trump mentioned the strong historical ties between the two countries and praised British investment in the U.S. healthcare sector in particular, the sources said. Trump had earlier promised Britain a substantial post-Brexit trade deal, during a state visit to Britain being cast as a chance to celebrate Britain's "special relationship" with the United States and boost trade links.
- Reuters - UK Focus•2 months ago
Let's deepen economic ties, Britain's May tells Trump
British Prime Minister Theresa May will call on U.S. President Donald Trump to deepen transatlantic economic cooperation on Tuesday, saying a bilateral trade deal could make their partnership "greater still". At a meeting with 10 British and U.S. businesses at St James' Palace, the Queen's official residence, May will tell companies such as defence contractor BAE Systems and pharmaceuticals giant GlaxoSmithKline that greater cooperation would boost the two countries' economic partnership. "It is a great partnership, but one I believe we can make greater still," she will say, according to advance extracts from her office.
- Simply Wall St.•2 months ago
What Should We Expect From National Grid plc's (LON:NG.) Earnings Over The Next Few Years?
National Grid plc's (LON:NG.) most recent earnings announcement in March 2019 revealed that the company endured a...
- Reuters•2 months ago
Britons set for £6 billion energy windfall from network curbs
Britons could see a 6 billion pound cut in energy bills over five years from 2021, saving the average household 40 pounds per year, under plans to curb what gas and electricity network firms can pay shareholders. Regulator Ofgem, which introduced a price cap on standard energy bills in January after lawmakers said customers were being overcharged, is now targeting the operators whose network fees make up around a quarter of British household energy bills. Ofgem said it plans to cut the amount network firms pay their shareholders, known as the "cost of equity range" by almost 50% for the next regulatory period starting in 2021.
- Reuters•2 months ago
Investors slap discount on UK utilities amid election worries
British utility stocks are trading at a growing discount to euro zone peers as investors fear the country's deepening political crisis could trigger a general election that ushers in renationalisation of the industry, worth $76 billion (£59.9 billion). The opposition Labour Party has said it wants to nationalise energy and water infrastructure if it can oust Prime Minister Theresa May's Conservatives from power, reversing decades of pro-privatisation policies. Simon Webber, lead portfolio manager on the global and international equities team at Schroders said those fears were "another overhang" for utilities, already subject to a discount like other UK assets because of Brexit uncertainty.
- Reuters•2 months ago
British gas network company Cadent pays record penalty for supply failures
British gas network company Cadent has paid a record penalty of 44 million pounds for failing to properly supply gas to some customers, regulator Ofgem said on Wednesday. The penalty, which will see Cadent pay 24 million pounds for improvements and compensation and set up a 20 million pound community fund, comes a week after Britain's opposition Labour party set out plans to nationalise the sector if it comes into power. Cadent Gas generated an operating profit of 724 million pounds in 2018.
- Reuters•2 months ago
UK business group condemns Labour nationalisation plans, Brexit delay
Plans by Britain's opposition Labour Party to nationalise utilities including the country's electricity grid will damage investment as well as hurting many small shareholders, one of the country's main business groups warned on Tuesday. Last week, Labour published plans to renationalise the country's 60-billion-pound energy networks, taking companies such as National Grid, Scottish Power and SSE into public ownership. Utilities warned this would damage investment, and on Tuesday the Confederation of British Industry's president, John Allan, said he feared the impact would spread beyond the businesses directly affected.
Reuters•2 months agoFactbox: What would a Labour Party government nationalise, and how?
Britain's opposition Labour Party wants to nationalise energy and water infrastructure if it can oust Prime Minister Theresa May's ruling Conservatives from power, reversing decades of pro-privatisation public policy. Despite a national election not being due until 2022, the prospect of nationalisation is worrying investors. Analysts have valued the regulated asset values of water and energy networks potentially facing nationalisation at around 125 billion pounds.
- Motley Fool•2 months ago
National Grid's Earnings Were Consistent, but This 1 Issue Looms Large
With the Labour Party proposing the nationalization of electricity and gas infrastructure, U.K. politics could pose a threat to National Grid's operations.
Motley Fool•2 months agoNATIONAL GRID PLC (NGG) Q1 2019 Earnings Call Transcript
NGG earnings call for the period ending March 31, 2019.
