RWE.F - RWE Aktiengesellschaft

Frankfurt - Frankfurt Delayed price. Currency in EUR
24.15
+0.65 (+2.77%)
At close: 7:51PM CEST
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Previous close23.50
Open23.84
Bid24.05 x 382800
Ask24.16 x 382500
Day's range23.72 - 24.80
52-week range20.13 - 34.50
Volume17,077
Avg. volume21,054
Market cap14.846B
Beta (5Y monthly)1.24
PE ratio (TTM)1.75
EPS (TTM)13.82
Earnings dateN/A
Forward dividend & yield0.80 (3.49%)
Ex-dividend date29 Apr 2020
1y target est22.73
  • Reuters - UK Focus

    UK energy suppliers E.ON UK, Npower furlough staff due to coronavirus restrictions

    British energy suppliers E.ON UK and Npower, both owned by Germany's E.ON, have furloughed around 4,000 workers amid a government lockdown which prevents staff such as smart meter readers and engineers from carrying out roles. "We have (around) 3,000 colleagues currently on furlough arrangements from our total UK workforce of around 7,500 full-time employees," a spokesman for E.ON UK said in an email. The affected staff include a range of field and metering technicians as well as customer operations and support staff across both residential and business operations, E.ON UK said.

  • What Does RWE Aktiengesellschaft's (ETR:RWE) Share Price Indicate?
    Simply Wall St.

    What Does RWE Aktiengesellschaft's (ETR:RWE) Share Price Indicate?

    Let's talk about the popular RWE Aktiengesellschaft (ETR:RWE). The company's shares received a lot of attention from a...

  • Reuters - UK Focus

    Carbon-free hydrogen production needs multi-billion dollar subsidies to make it cost effective -research

    The falling cost of producing hydrogen from renewable power offers a promising route to cutting emissions, but governments need to step in and provide $150 billion of subsidies over the next decade to scale up the technology, according to research from Bloomberg New Energy Finance (BNEF). Renewable hydrogen can be made by splitting water into hydrogen and oxygen, using electricity generated by cheap wind and solar power. The technology to do this is currently funded by companies, but BNEF estimates that if governments worldwide were to provide $150 billion in funding over the next 10 years - less than half the amount currently spent on subsidies for fossil fuel consumption - that would help halve the cost of producing hydrogen from renewable energy sources.

  • Coronavirus Is Starting to Hit Usually Safe Utility Earnings
    Bloomberg

    Coronavirus Is Starting to Hit Usually Safe Utility Earnings

    (Bloomberg) -- The outlook for Europe’s utilities and power generators is worsening as the coronavirus curbs energy demand and prices plunge.Utilities from Centrica Plc to EON SE are being hit on several fronts from lower consumption to customers not paying their bills, which may lead to earning downgrades. Analysts have also started to cut power price forecasts, indicating bleaker prospects for producers including Electricite de France SA and RWE AG.“European utilities face consensus earnings downgrades amid lower demand and prices for energy and environmental services as disruptions from the Covid-19 pandemic progress,” said Elchin Mammadov, analyst at Bloomberg Intelligence. He picked out Centrica and EON as being particularly at risk.Many of the companies were in a bind even before the virus hit. A glut in natural gas has driven prices down to their lowest in a decade, sending power down too. EDF, Europe’s biggest nuclear operator, said on Monday its profit forecast and nuclear output target could be revised down this year.While Centrica declined to comment, EON on Wednesday said the pandemic would squeeze its profitability this year, adding it was too early to gauge the size of the impact. The company expects lockdowns in the countries in which it operates will continue to curb electricity demand and hamper sales as people stay away from workplaces. It also expects the completion of infrastructure projects such as those to build electric car charging apparatus won’t be completed on time.“Industrial and commercial customers are consuming noticeably less energy,” Chief Executive Officer Johannes Teyssen said on an earnings call.Sanford C Bernstein & Co. said earnings at Centrica, RWE, Uniper SE, Naturgy Energy Group SA and Engie SA could be 7% to 21% lower in their base case. That could increase to 20% to 50% in a scenario based on “very low power prices.”The threat of a drop in profits from lower energy prices and a potential global recession could potentially have an impact beyond first half earnings. The 29-member STOXX Europe 600 Utilities Index has dropped 22% since the start of February, compared with a 26% drop in the main STOXX 600 Index.Plunging PowerAnalysts at Joh Berenberg Gossler & Co. cut its 2020 European price forecast by 11%, in part due to an expected 5% drop in industrial power demand from Covid-19. Italy, Spain, Germany, France and the U.K. have all experienced or are expecting a slide in consumption as offices and schools shut and people stay at home. If more factories shut too, the impact will be even worse.RWE said that so far it is very difficult to forecast how a prolonged slump in demand would impact operations at its plants, which range from nuclear to coal, natural gas and wind. Most of its output is still from fossil fuels, which is behind renewables in priority for supplying the grid.The company is “doing all we can to maintain power production in our plants and thus contribute to security of supply,” RWE said. “We expect an impact on electricity demand given the current economic development and shut down of industrial activity. However, this should be temporary and bounce back once we have come through the crisis.”If the drops in demand continue, or are sustained or increased, weekday power demand would most likely fall to Sunday levels –- a reduction of as much as 26%, depending on the country, according to BloombergNEF. This could translate into a big drop in power prices too.“We expect power demand to decline by 5%-7% this year on 2019 and power prices to be down 20% in 2021 from our previous assumptions,” said S&P Global Ratings credit analyst Pierre Georges. This will affect earnings on generation and supply activities, he said.RBC Europe Ltd. is keeping an eye on its power-price forecasts but haven’t made any adjustment yet because most generators have hedged their positions for this year. If lockdown measures continue after the summer the impact could be long term, the company said.Benchmark year-ahead power in Germany has dropped 14% since the start of last month to the lowest in almost two years and a long-term decline will impact earnings. RBC estimated that price swings impact about 20% of Ebitda in Europe’s utility sector.While industries including transportation takes an immediate hit as people stop traveling, it takes government measures shutting down schools and offices to impact power and natural gas consumption. The coming weeks will be key in determining whether the impacts of the virus are short-term or longer-term, according to one veteran Swiss trader.Demand “could potentially dissipate in a few weeks or months. What we have yet to see is whether these disruptions are large enough to push the world into a more meaningful recession,” said Domenico De Luca, Head of trading and sales at Axpo Holding AG. “If so, energy demand could remain subdued.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters - UK Focus

    German hydrogen pipeline planned to aid green industry shift

    A group of gas grid operators, oil and utility firms is planning a 130-kilometre hydrogen pipeline to supply industrial customers in north-west Germany, Open Grid Europe (OGE) said. German companies are keen to convert power from renewables into hydrogen, which emits water when it burns in oxygen rather than the CO2 released by coal, oil and natural gas. Germany is due to adopt a hydrogen strategy soon.

  • Is RWE Aktiengesellschaft (ETR:RWE) At Risk Of Cutting Its Dividend?
    Simply Wall St.

    Is RWE Aktiengesellschaft (ETR:RWE) At Risk Of Cutting Its Dividend?

    Is RWE Aktiengesellschaft (ETR:RWE) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • Reuters - UK Focus

    LIVE MARKETS-Euro currency tailwinds? Beware of what you wish for!

    * FTSE 100 down 1.4% dragged down by oil stocks, Centrica Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan. The euro has hit a significant milestone this week falling against the dollar to a May 2017 low, with the move inevitably raising the question of what could this mean for European companies' earnings outlook.

  • Reuters - UK Focus

    LIVE MARKETS-ESG winners: when zero plays a big role

    * FTSE 100 down 1.5% dragged down by oil stocks, Centrica Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan.

  • Reuters - UK Focus

    EEX bourse to grow Japanese, U.S. power businesses this year

    The EEX European energy bourse in 2020 will pursue growth in Japanese and U.S. power as part of a push to offer producers risk hedging and international energy operators access to new markets, Chief Executive Peter Reitz said on Tuesday. The 20-year-old EEX, a subsidiary of Deutsche Boerse and continental Europe's leading electricity and natural gas exchange, has started acquiring rivals and offering clearing services across all time zones in recent years. The Japanese clearing service, which opens on May 18, will help power companies involved in wholesaling, generation and distribution with risk management while opening avenues for the EEX network of trading members, access providers, brokers and clearing banks.

  • Reuters - UK Focus

    LIVE MARKETS-Unreliable boyfriend's adieu drags British stocks down

    * Futures point to lower Wall Street open Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. BoE's departing Mark Carney earned his 'unreliable boyfriend' nickname by failing to smoothly guide investors towards his rate decisions. With the market completely split on today's move, Carney was bound, one way of the other, to disappoint.

  • Reuters - UK Focus

    LIVE MARKETS-Meanwhile, value stocks keep on losing ground

    * Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Another sign that investors are not quite ready to turn bearish is how value stocks keep on underperforming. "Global value stocks now stand at a record low versus their growth counterparts, having underperformed for the whole of last year and into this year", UBS analysts write in their daily House View.

  • Reuters - UK Focus

    LIVE MARKETS-Utilities: flying like a FANG

    * Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Utilities aren't the sexiest industry on the market but over the last month or so they had returns similar to the high-flying FANGs on Wall Street, if not even higher. Surely, worries over economic growth are pushing investors into old-fashioned bond proxies but perhaps there more into it, as climate change fosters huge transformations in the industry and reshapes the whole economy.

  • Reuters - UK Focus

    LIVE MARKETS-ECB: the second first meeting

    * Fevertree falls after Xmas trading update Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. This week, eyes will be on the ECB meeting scheduled for Thursday, the first of 2020 and also the first real monetary policy meeting for Christine Lagarde since the previous one in December was effectively her introduction to the world as the new ECB's president. Lagarde is expected to launch the Strategic Review at the Frankfurt meeting, but Royal Bank of Canada is not expecting massive changes.

  • Reuters - UK Focus

    LIVE MARKETS-Davos: Watch those utilities

    * Fevertree falls after Xmas trading update Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Once a year, the richest and most powerful people in the world gather together at The World Economic Forum in Davos, Switzerland, to have a chat about the hot topics shaping the world's economy. While the attention on sustainability could be great news for the planet, it might not be that great for European utilities, according to UBS.

  • Reuters - UK Focus

    UPDATE 2-European shares rise as U.S.-China trade deal clears fog; London lags

    European shares ended higher on Thursday after the signing of a long anticipated Phase 1 U.S.-China trade deal lifted some level of near-term uncertainty, while disappointing earnings dragged down London shares. "Investors are maybe not selling on the fact but just pausing for thought that the deal has been signed which is also a source of relief for most people," said Russ Mould, investment director at broker AJ Bell. The pan-European STOXX 600 index closed up 0.2%, with London's main index lagging its continental peers.

  • Should You Be Pleased About The CEO Pay At RWE Aktiengesellschaft's (ETR:RWE)
    Simply Wall St.

    Should You Be Pleased About The CEO Pay At RWE Aktiengesellschaft's (ETR:RWE)

    Rolf Schmitz has been the CEO of RWE Aktiengesellschaft (ETR:RWE) since 2016. First, this article will compare CEO...

  • Reuters - UK Focus

    UPDATE 4-Thousands of UK jobs at risk as E.ON breaks up Npower

    FRANKFURT/DUESSELDORF, Germany, Nov 29 (Reuters) - German energy group E.ON plans a 500-million-pound ($642 million) break-up of the struggling British Npower division it inherited from Innogy, which unions said could put up to 4,500 jobs at risk. E.ON's plan includes managing Npower's residential and small and medium-size business customers on the same platform as its own, while putting Npower's industrial and commercial customers into a separate business. The rest of Npower will be closed.

  • Reuters - UK Focus

    UPDATE 2-Power firm Innogy continues to shed customers in Britain

    German energy group Innogy on Thursday said it was continuing to lose clients in Britain, where a price cap has increased pressure on the 'Big Six' energy providers. Npower, Innogy's British retail unit, lost 261,000 customers during the third quarter, bringing total customer losses to 447,000 so far this year.

  • Health Check: How Prudently Does RWE (ETR:RWE) Use Debt?
    Simply Wall St.

    Health Check: How Prudently Does RWE (ETR:RWE) Use Debt?

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • Reuters - UK Focus

    LIVE MARKETS-Armageddon: When market gurus get it wrong

    * European shares drop on economic growth concerns * STOXX 600 down 0.1%; DAX -0.2%; FTSE -0.4% * German economy narrowly escapes recession Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net ARMAGEDDON: WHEN MARKET GURUS GET IT WRONG (1524 GMT) In 2010, just two years after the brutal financial crisis, a host of market experts and money managers started coming out with predictions on the next blow-up, some forecasting wild scenarios, such as a 90% stock market drop.

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