SSE.L - SSE plc
| Previous close | 1,409.50 |
| Open | 1,412.50 |
| Bid | 1,350.00 x 401200 |
| Ask | 1,450.00 x 27500 |
| Day's range | 1,404.00 - 1,426.00 |
| 52-week range | 1,176.50 - 1,554.00 |
| Volume | 3,541,982 |
| Avg. volume | 4,081,119 |
| Market cap | 14.344B |
| Beta | 0.56 |
| PE ratio (TTM) | 10.49 |
| EPS (TTM) | 135.10 |
| Earnings date | 25 May 2018 |
| Forward dividend & yield | 0.92 (6.80%) |
| Ex-dividend date | 2018-01-18 |
| 1y target est | 1,433.33 |
Sky News•21 hours agoDixons chief in talks to join M&S board
The outgoing chief executive of Dixons Carphone (Frankfurt: CWB.F - news) 's British operations is in talks to join the board of Marks & Spencer (Frankfurt: 534418 - news) (M&S) as its chairman tries to bolster a board criticised for its dearth of retail expertise. Sky News has learnt that Katie Bickerstaffe, who recently announced her intention to leave the electrical goods chain, is close to an agreement to become a non-executive director at M&S. It forms part of a planned overhaul of M&S's board by Archie Norman, the company's new chairman, who is keen for its crop of non-executives to have more direct experience of a fast-changing retail industry.
- Reuters•5 days ago
E.ON can walk away from Innogy deal if too many assets sold - RWE
FRANKFURT (Reuters) - E.ON (EONGn.DE) has the right to walk away from an agreed deal to break up Innogy (IGY.DE) should it sell single assets worth more than 150 million euros ($179 million) or assets ...
- Reuters - UK Focus•5 days ago
E.ON can walk away from Innogy deal if too many assets sold -RWE
E.ON has the right to walk away from an agreed deal to break up Innogy should it sell single assets worth more than 150 million euros or assets worth a combined 450 million, RWE's finance chief said. Talking ...
Sky News•6 days agoBritish Gas loses 110,000 customer accounts
British Gas lost 110,000 customer accounts over the first four months of the year but remained on track for its full-year targets as the cold weather saw customers turn up their heating. Centrica (Frankfurt: A0DK6K - news) , which owns the energy firm, said the exodus - amid intense competition - had slowed compared to levels seen last year. It was not the only one of the Big Six energy firms to see large numbers of customers leave, with npower on Monday reporting a fall of about 120,000 customer accounts in the first quarter of 2018.
Reuters•6 days agoInnogy CEO says losing staff due to split-up fears
FRANKFURT/DUESSELDORF (Reuters) - Innogy (IGY.DE) CEO Uwe Tigges acknowledged on Monday that staff are leaving ahead of a merger that will see parent RWE (RWEG.DE) and rival E.ON (EONGn.DE) split up the German energy company. "Yes, it is something we are observing," Tigges said, not giving any numbers but underscoring the importance of assuring senior staff and younger talent about their future prospects. The deal to split up of Innogy's renewables, networks and retail operations has sparked fears among management and workers, who fear they might have to bear the brunt of up to 5,000 job cuts E.ON is planning as part of the asset swap.
Sky News•9 days agoNpower hikes energy bills for one million customers by 5.3%
Big Six energy supplier npower is to increase standard variable energy tariffs by 5.3% in a hike affecting around a million customers. The company, owned by Germany's Innogy, blamed rising wholesale energy prices and the costs of implementing Government policy as it announced the hike, which will come into effect on 17 June. It follows a series of hikes announced by Big Six rivals British Gas, EDF (Paris: FR0010242511 - news) and Scottish Power and the scrapping of a customer discount by E.On that will also effectively mean higher bills.
- Reuters•9 days ago
Factbox - Energy price changes by utilities in Britain
Britain's dominant energy companies have been under scrutiny by the government, which is putting a price cap on standard variable tariffs to combat what it has called "rip off" energy prices. The rise represents a 64 pound increase on annual bills and a direct debit customer on the tariff will typically pay 1230 pounds ($1,664) a year.
- Sky News•9 days ago
Npower hikes energy bills for 1m customers
Big Six energy supplier npower is to increase standard variable energy tariffs by 5.3% in a hike affecting around a million customers. The company, owned by Germany's Innogy, blamed rising wholesale energy prices and the costs of implementing Government policy as it announced the hike, which will come into effect on 17 June. Npower said that more than 60% of its customers - such as those on fixed tariffs or using prepayment meters - would not be affected by the change.
Reuters•12 days agoUK regulator probes SSE, Npower merger due to price concerns
British regulators have launched an in-depth investigation into the tie-up between the retail power unit of SSE Plc and Npower, owned by Germany's Innogy, saying it may reduce competition and increase prices for some households. The merger would create Britain's second-largest retail power provider and reduce the "Big Six" dominating the market to five companies when they are already facing political scrutiny for their tariffs and pressure from smaller rivals. It also comes as German energy giants RWE and E.ON plan to carve up Innogy.
- Reuters - UK Focus•12 days ago
UK regulator probes SSE, Npower merger due to price concerns
British regulators have launched an in-depth investigation into the tie-up between the retail power unit of SSE Plc and Npower, owned by Germany's Innogy, saying it may reduce competition and increase prices for some households. The merger would create Britain's second-largest retail power provider and reduce the "Big Six" dominating the market to five companies when they are already facing political scrutiny for their tariffs and pressure from smaller rivals. It also comes as German energy giants RWE (IOB: 0FUZ.IL - news) and E.ON plan to carve up Innogy.
Sky News•12 days agoFull competition investigation for 'big six' energy tie-up
Plans for a merger between "big six" energy suppliers SSE (LSE: SSE.L - news) and npower face an in-depth investigation by regulators on fears that the deal could mean higher bills for households. The Competition and Markets Authority (CMA) found after an initial inquiry that the tie-up could reduce competition - potentially leading to higher prices. On Tuesday it said SSE and npower "did not offer measures to address the CMA's concerns" so it has referred the merger for a "phase 2" probe, with a deadline for the final report on 22 October.
- Reuters - UK Focus•12 days ago
Britain's competition refers SSE- Npower deal for in-depth investigation
Britain's competition watchdog has ordered an in-depth investigation of the merger of SSE (LSE: SSE.L - news) 's retail power and gas business in the UK with German rival Innogy's Npower, the office said on Tuesday. The Competition and Markets Authority said the initial Phase 1 investigation found that the deal could reduce competition, potentially leading to higher prices for some bill payers. SSE and Npower did not offer measures to address the CMA's concerns, and so it has referred the merger for a more in-depth, Phase 2 investigation, the watchdog said.
- Reuters - UK Focus•12 days ago
SSE says on track with Npower merger after Phase II probe opened
SSE Plc said on Tuesday it was on track to complete the planned merger between its retail power business in the UK with Npower, owned by German rival Innogy, after British regulators opened a Phase II ...
Reuters•16 days agoStatoil eyes Britain's 2019 renewable subsidy auction for Dogger Bank
LONDON/OSLO (Reuters) - Statoil is working with its partner SSE (SSE.L) to develop the Dogger Bank offshore wind project so it can take part in Britain's renewable energy subsidy auction in 2019, the company said on Friday. The planned 4.8 gigawatt (GW) Dogger Bank project, which has approval from the British authorities, is set to become the world's largest offshore wind park and could deliver more than five percent of Britain's electricity needs, Statoil Executive Vice President Irene Rummelhoff said in London.
- Reuters - UK Focus•16 days ago
Statoil eyes Britain's 2019 renewable subsidy auction for Dogger Bank
LONDON/OSLO, May 4 (Reuters) - Statoil (LSE: 0M2Z.L - news) is working with its partner SSE (LSE: SSE.L - news) to develop the Dogger Bank offshore wind project so it can take part in Britain's renewable energy subsidy auction in 2019, the company said on Friday. The planned 4.8 gigawatt (GW) Dogger Bank project, which has approval from the British authorities, is set to become the world's largest offshore wind park and could deliver more than five percent of Britain's electricity needs, Statoil Executive Vice President Irene Rummelhoff said in London.
- Reuters - UK Focus•23 days ago
E.ON to squeeze out Innogy minorities if offer successful -CFO
German utility E.ON is planning to squeeze out minority shareholders if its takeover offer for peer Innogy is successful, Chief Financial Officer Marc Spieker told Reuters. E.ON earlier on Friday published ...
Reuters•24 days agoUK watchdog threatens full investigation into SSE, Npower utility merger
Britain's competition watchdog said the planned merger of SSE's (SSE.L) retail power and gas business in the UK with Npower, owned by German rival Innogy (IGY.DE), 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).
Sky News•24 days agoSSE merger with npower could 'lead to higher prices'
The proposed merger between household energy suppliers SSE (LSE: SSE.L - news) and npower is feeling the heat from competition regulators. The Competition and Markets Authority (CMA) said on Thursday it would refer the deal for an in-depth investigation, unless the firms offered remedies to address its concerns that the tie-up could force up bills for some customers. The merger, first announced last November, would see the household supply businesses operated by SSE and npower join forces - reducing the industry's dominant "big six" firms to a "big five".
- Reuters - UK Focus•24 days ago
UK watchdog threatens full investigation into SSE, Npower 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. "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. "We have found that the proposed merger between SSE Retail and Npower could reduce this competition, and so lead to higher prices for some customers.
- Fool.co.uk•last month
I’d always buy superstock SSE before this dog of a share
Potentially reliable dividends and a recovering share price attract me to SSE plc (LON: SSE) before this lossmaking speculative stock.
- Fool.co.uk•last month
Are FTSE 100-listed SSE and this 5% dividend stock the bargains of the year?
Could SSE plc (LON: SSE) and this income stock offer the widest margins of safety on offer at the present time?
- Fool.co.uk•last month
One high-yield stock I’d buy alongside 7.3% yielder SSE
G A Chester sees great value in SSE plc (LON:SSE) and an out-of-favour smaller company.
- Reuters•last month
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.
- Fool.co.uk•2 months ago
Why I’d sell this 7% yielder to buy this FTSE 100 dividend stock
Royston Wild looks at a FTSE 100 (INDEXFTSE: UKX) dividend share with exceptional dividend prospects.
- Reuters•2 months ago
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.
