UK Markets closed

Naturgy Energy Group, S.A. (NTGY.MC)

MCE - MCE Delayed price. Currency in EUR
Add to watchlist
24.50+0.05 (+0.20%)
At close: 05:35PM CET
Full screen
Loading interactive chart…
  • Reuters

    Naturgy trims earnings growth forecast as power prices squeeze margins

    Spanish gas and power group Naturgy trimmed its 2021 earnings forecast on Wednesday after reporting a boost from rebounding power demand and higher prices for gas globally that was offset by lower margins on electricity in Spain. Ganuza said Naturgy was talking to Algeria and Morocco about a potential extension to the Maghreb-Europe concession anyway.

  • Reuters

    Naturgy's main shareholders not selling, although IFM bid is 'reasonable' -board

    MADRID (Reuters) -Naturgy said on Friday its main shareholders will not tender their shares, although its board considers the 4.9 billion euros ($5.76 billion) bid from the Australian fund IFM to acquire a 22.69% stake in the Spanish energy group to be reasonable. The bid is subject to securing at least 17% in the Spanish energy group, although IFM said in its prospectus filed last week it could decide to lower the minimum threshold to 10%. The three main shareholders in Naturgy hold more than a combined 67% of the energy group.