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Uniper SE (UN01.DE)

XETRA - XETRA Delayed price. Currency in EUR
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30.50-0.42 (-1.36%)
At close: 5:35PM CEST
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Previous close30.92
Bid30.41 x 0
Ask30.41 x 0
Day's range30.30 - 30.97
52-week range22.36 - 32.18
Avg. volume295,247
Market cap11.165B
Beta (5Y monthly)0.81
PE ratio (TTM)28.11
EPS (TTM)1.09
Earnings date06 May 2021
Forward dividend & yield1.37 (4.54%)
Ex-dividend date20 May 2021
1y target est24.18
  • Peak LNG Looms in Europe With Investors Wary of New Projects

    Peak LNG Looms in Europe With Investors Wary of New Projects

    (Bloomberg) -- Utilities in Europe are scrambling to find alternative uses for liquefied natural gas projects in a sign that demand for new multi-billion euro import terminals has peaked.The viability of new LNG projects has never been more uncertain with European gas use expected to wane over the next two decades as ever-cheaper, greener energy sources take hold. The demand outlook means the payback period for gas assets such as LNG terminals is shrinking, according to Accenture Strategy.Germany’s Uniper SE is the latest to acknowledge waning investor appetite for new LNG capacity when it decided last month to turn a planned terminal into a hydrogen hub. It follows a similar project in Ireland that was redesigned to produce green hydrogen using power from an offshore wind park. RWE AG is exploring ways to handle imported hydrogen at a planned LNG facility in Germany.“Most European utilities don’t want to touch gas-related projects with a barge pole as companies seek to improve their ESG metrics, improve valuation and avoid stranded asset risks,” said Elchin Mammadov, an analyst at Bloomberg Intelligence.Only a couple of years ago, Uniper and U.S. LNG developer NextDecade Corp. bet that new facilities to import LNG into Europe would look attractive to diversify fuel supplies amid abundant global production.The risk LNG developers face now is that billions is invested in new gas infrastructure that becomes unsaleable, or stranded, assets. Terminals under construction in Europe total 2.6 billion euros ($3.1 billion), and those in pre-construction would add another 13 billion euros, according to a survey by Global Energy Monitor.“Companies that remain excluded from the green bubble become less attractive,” said Nicolas Bouthors, an equity analyst at Alphavalue SAS in Paris, which is excluding fossil-fuel assets from its valuation of some energy companies. “It is ever more difficult to raise equity and green bonds are not a solution for such projects, which means energy companies have lost two important ways to finance LNG terminals.”Concerns about the long-term future of gas are making companies take steps “in the right direction for hydrogen,” said Deepa Venkateswaran, managing director at Bernstein Autonomous LLP. Still, hydrogen is unlikely to make a significant difference in the short term because the economics remain unknown, she said.With hydrogen technology still in its infancy and facing headwinds in its cost and complexity, not all LNG terminal projects in Europe are likely to be scrapped. As global trading of the fuel develops and Asian demand is set to boom for another two decades, LNG still plays a key role in Europe’s energy mix.Uniper is still active in northwest European and Spanish LNG regasification capacity and “we don’t see that changing any time soon,” Peter Abdo, the company’s chief commercial officer for LNG, said in an interview.For RWE, adding the ability to import hydrogen at its proposed terminal in Germany is a natural evolution from its LNG trading experience, according to Andree Stracke, chief executive officer of the utility’s trading unit.The role of gas as a transition fuel will be “increasingly scrutinized” said David Rabley, a managing director at Accenture Strategy. Any decision not to invest in gas or LNG will be tied to demand trends, he said.(Updates with analyst comment in seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • EQS Group

    Uniper SE: Uniper expects strong results for the first three months for the financial year 2021 and adjusts earnings outlook for the full financial year 2021

    Uniper SE / Key word(s): Preliminary ResultsUniper SE: Uniper expects strong results for the first three months for the financial year 2021 and adjusts earnings outlook for the full financial year 2021 27-Apr-2021 / 12:28 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.As of today, Uniper expects the results for the first three months and the full year 2021 to significantly surpass prior outlook.The preliminary adjusted earnings before interest and taxes (Adjusted EBIT) for the first three months of 2021 amount to approximately EUR 730 million (previous year: EUR 651 million). The increase in the earnings is mainly due to extraordinary gains from the international business of the Global Commodities segment.Based on these results and the assumptions for the remainder of the financial year 2021, the Board of Management has decided today to raise the outlook for the Adjusted EBIT for the financial year 2021 from previously EUR 700 million to EUR 950 million to now EUR 800 million to EUR 1.050 million and to raise the outlook for the adjusted net income (ANI) from previously EUR 550 million to EUR 750 million to now EUR 650 million to EUR 850 million.All published figures and statements are preliminary and unaudited. The detailed results for the first three months of 2021 will be published on 6 May 2021, as announced.The key figures used are explained in Uniper SE's 2020 annual report. Uniper SE's 2020 annual report is available at Contact:Person making the notification:Dr. Sascha FehlemannSenior Vice President Corporate Legal AffairsContact for investors and analysts:Stefan JostExecutive Vice PresidentGroup Finance & Investor RelationsUniper SEHolzstraße 640221 DüsseldorfTelefon +49 211 4579 8200Telefax +49 211 4579 2022Email ir@uniper.energyMedia contact:Leif ErichsenSenior Vice PresidentExternal CommunicationUniper SEHolzstraße 640221 DüsseldorfTelefon +49 211 4579 3570Mobile +49 171 563 92 42press@uniper.energy27-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at Language: English Company: Uniper SE Holzstraße 6 40221 Dusseldorf Germany Phone: +49 211 73275 0 Fax: +49 211 4579 2022 E-mail: Internet: ISIN: DE000UNSE018, DE000UNSE1V6 WKN: UNSE01, UNSE1V Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1188513 End of Announcement DGAP News Service

  • Uniper seeks court ruling over Dutch coal exit

    Uniper seeks court ruling over Dutch coal exit

    FRANKFURT (Reuters) -Uniper is seeking a court ruling on whether plans by the Netherlands to shut all coal-fired power plants in the country are legal, the German-based utility said on Friday. "Uniper has consistently expressed its concerns to the ministry and members of Parliament and the Senate about the fact that the law is lacking sufficient compensation," Uniper said. "In Uniper's view, this law is unbalanced as Uniper cannot execute its ownership rights, but is also not compensated."