Energiser Investments Share Discussion Threads

[la forge] 02/12/2016 23:13

News // Oil and gas worldwide
Engie retooled its contract with Norwegian, but reminds of similar move with Russia
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French energy company Engie said it renegotiated its long-term supply contract with one of the leading natural gas suppliers to the European market.



Engie said it reached a deal with Norwegian energy company Statoil on long-term gas supply contracts.

The French company said the rearrangement better reflects current market rates and, while providing few specifics, the «profound evolution» in the European natural gas arena.

«With this agreement, Engie has de-risked its long-term supply contracts by adjusting their pricing to market conditions,» Edouard Neviaski, the CEO of Engie's global business unit, said in a statement.



State-managed Statoil is the dominant player in a Norwegian oil and gas sector that, outside of Russia, is one of the region's largest suppliers.

European countries get about 30% of their natural gas from Norwegian suppliers and Statoil's gas represents about 20% of Engie's supply portfolio.

Norway's government said total natural gas sales soared in October. The European economy grew during the 3rd quarter by 0.3% when compared with the previous quarter.



Russia is the main natural gas supplier to Europe, accounting for just over a 3rd of all natural gas supplies and several European countries.

«As a reminder, earlier this year - in April - Engie and [Russian energy company] Gazprom had also reached an agreement to adapt the price of long-term gas supply contracts,» the French company said.

Engie is one of the European countries involved in Nord Stream, a Russian natural gas pipeline running through the Baltic Sea to Germany.
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baltic sea, engie, eu, europe, france, gas contract, gazprom, germany, neviaski, nord stream, norway, russia, statoil

02 December 2016 , 18:00Daniel J. GraeberNeftegaz.RU231
Related news

[ariane] 01/12/2016 10:56

Strong points

The current zone is a good entry point for investors interested in the issue in a medium / long term perspective. Indeed, the stock evolves near the support of 11.26 EUR in weekly data.
The proximity of the medium-term medium of the 11.26 EUR offers a good timing for the purchase of the title.
Basically, with an "enterprise value to sales" ratio of around 0.81 for the current financial year, the company appears to be weakly valued.
The company is one of the most attractive in the market in terms of valuation based on the multiples of result.
Investors seeking returns will find this a major investment.
Analysts are positive about the stock. The average consensus recommends buying or overweighting the value.
The average price objective of analysts based on value is relatively remote and assumes considerable potential for appreciation.


Weak points

The group is among the companies with the lowest growth prospects, according to analysts' estimates.
The company has a tight debt position and does not have significant investment margins.
In the past, the group has often disappointed analysts by publishing activity figures below their expectations.
Revenue expectations over the last 12 months have been largely revised downwards. Analysts predict smaller sales than they expected a year earlier.
The long-term technical configuration remains degraded below the resistance level of 13.32 EUR per week.

[sarkasm] 28/11/2016 20:51

(AOF) - Bryan Garnier reduced its target price on Engie from 17 to 15.6 euros while reiterating its recommendation to buy. The broker lowered its 2016 earnings estimates in the wake of the nine-month accounts. However, the broker remains optimistic about the group being transformed.

[sarkasm] 28/11/2016 10:02

The bearish trend may resume

SYNTHESIS

The MACD is negative and below its signal line. This configuration degrades the outlook on the title. The RSI does not yet indicate an oversold, so the continuation of the decline is technically possible. Below 20, stochastics are extremely low. Volumes traded are below average volumes over the past 10 days.

MOVEMENTS AND LEVELS

The title is downward. It is below its 50-day moving average at 12.71 EUR. The 20-day moving average is below the 50-day moving average. Our first stand is at 10.1 EUR, then at 9.44 EUR and the resistance is at 12.73 EUR then 13.39 EUR.
Last course: 11.55
Support: 10.1 / 9.44
Resistance: 12.73 / 13.39
Short-term opinion: negative
Medium term opinion: negative

[sarkasm] 28/11/2016 09:56

(BCE) - Bryan Garnier reiterates its recommendation to buy Engie and lowers its fair value from 17 to 15.6 euros, in the wake of a lowering of its 2016-18 estimates for Energy group.

After the nine-month results, the financial intermediary slightly adjusts its EBITDA assumptions for 2016 and beyond, as well as those for minority interests and tax rates, which implies a more severe reduction in its EPS projections .

Bryan Garnier now expects Engie's recurring net income to remain broadly stable over the period (+ 0.7%) over the years 2016-18, when it anticipated an average annual growth of 3 , 9% previously.

"Nevertheless, we still believe that the ongoing transformation plan could pave the way for a significant upgrade of the title, with a divestment of exploration-production remaining the main catalyst in the short term," the dealer tempers.

[the grumpy old men] 25/11/2016 19:24

ENGIE Romania strengthens its position in the energy services field

By nineoclock • November 23, 2016 at 10:30 am 42 views

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ENGIE Romania strengthens its position in the energy services field

ENGIE Romania, through its subsidiary ENGIE Servicii, has acquired Cofely Building Services & Maintenance which will soon become „ENGIE Building Solutions SRL”.

The energy market being more dynamic than ever and the energy transition leading to rethink the traditional business models of utility companies, ENGIE Romania is continuously adapting its business strategy in order to meet customers’ expectations of being an integrated supplier of energy and associated services.

Thanks to the acquisition of Cofely Building Services & Maintenance SRL – which was held so far by Cofely Austria, another ENGIE subsidiary – ENGIE Servicii will broaden its offers and expertise via an energy services company present in Romania since 2005, with a large expertise in energy services for buildings and industrial sites and in energy efficiency services for industrial customers. Among its customers are reputable companies such as OMV Petrom, BRD Société; Générale or Kaufland, all the customer portfolio being served today by approximately 100 employees.

ENGIE Servicii (formerly Distrigaz Confort), a company created in 2009, is a reference player on the local energy services market. Specialized in technical services for gas installations and boilers, the company has today 650,000 customers. Since its establishment, the company has been continually developing and diversifying its services, spanning from check-ups and revisions of gas installations and heating systems solutions to digitalized energy efficiency services that optimize energy consumption of our customers.

,,This operation proves our ambition to further develop energy services activities in Romania. By bringing together the customers portfolio, the services and the skills of the two companies, we will undoubtedly strengthen the position that we hold today on the Romanian energy services market and build a platform for growth”, stated Eric Stab, Chairman & CEO of ENGIE Romania.

ENGIE is active in Romania in three areas: gas, electricity and energy services. The main subsidiary of the Group, ENGIE Romania, supplies natural gas and electricity, distributes natural gas, offers energy related services to all market segments and also produces electricity. ENGIE Romania serves more than 1.6 million customers, operates 18,500 km of networks, owns and operates 100 MW wind farms and employs around 3,650 people.

[the_alchemist] 24/11/2016 13:13

ENGIE thread now reallocated to correct epic not conflated with ENGI (Energiser)

[waldron] 22/11/2016 15:23

GOOGLE TRANSLATION


The energy company will launch gas and electricity deals for British individuals.

The British market appeals to Engie. The tricolor energy company is preparing to invest in the market for gas and electricity supply in the UK to individuals. "We are in a phase of finalizing the offers, the official launch will take place in 2017," says an Engie spokesperson. Engie will enter a market dominated by the Big Six (British Gas, SSE, E.ON, EDF Energy, Scottish Power and RWE). These large groups still control a little more than 85% of the market for the supply of electricity today, but their oligopoly is gradually crumbling under the offensive of new entrants that Enge will join.
PUBLICITY
InRead invented by Teads

Instead of the Big Six is ​​controversial, with some arguing that competition is not sufficiently strong. The Prime Minister, Theresa May, attacked the sector last month in a speech. "It is not fair for two-thirds of customers to be stuck with the most expensive tariffs," she said. Conservative MPs are calling for energy providers to automatically benefit their most modest tariff customers Which would be most favorable to them. The regulator proposes that the change of supplier is facilitated.

Engie is already firmly established in the United Kingdom, with 17,000 employees. On the production side, the group has 4 gigawatts of electricity generation (hydropower, gas and wind). It is also present in oil and gas exploration and production, and plans on a nuclear project, while wishing to reduce its share (40% today).
Logical sequence

In the downstream market, Engie is mainly developed in energy efficiency services since it bought the British Balfour Beatty Workplace in 2013. With 9,000 people to join the 2,000 Cofely employees in the UK, Was to allow Engie to occupy the third place in the sector. The supply of gas and electricity to customers is therefore the logical consequence of this presence. Engie is already established in the "B to B" market, with 4,500 sites served in gas and 8,500 in electricity.

The UK market is currently poorly oriented. In the first nine months of the year, organic revenue EDF Energy fell by 10.4% to 6.8 billion euros. This decline is "mainly due to the particularly low prices," said the French electrician. But it still ranks number one in sales of gas and electricity by volume in the United Kingdom in all markets (residential and professional), with 5.2 million customers, compared with 5.7 million in 2013.
V. L. B. with C. V. London., Les Echos

Learn more about

[waldron] 22/11/2016 15:22

yep shame you cant delete EPIC TO AVOID THE MINOR CONFUSION

ALC MAKE THE THREAD YOU USE A FAVOURITE TO AVOID STRAYING ON THIS HIGHLY
APPRECIATED THREAD

[grupo guitarlumber] 22/11/2016 15:09

The bb has been operating perfectly over the past year without mishap

shame i cant delete the epic though

i see not many posting to your favourite BB

i guess its another illiquide AIM share still to show its worth

[the_alchemist] 22/11/2016 15:03

but wrong code for the company you post on !! Energiser (ENGI) is not ENGIE !!!!!!
Please use the correct board, thanks.

[grupo guitarlumber] 22/11/2016 14:55

Home » News » M&A Alert. ENGIE Romania buys Cofely Building Services&Maintenance
M&A Alert. ENGIE Romania buys Cofely Building Services&Maintenance
By Business November 22, 2016 13:12 0 comments
"Eric Stab FIC"

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ENGIE Romania, via its subsidiary ENGIE Servicii, has purchased Cofely Building Services&Maintenance to create ENGIE Building Solutions SRL.

Through the purchase of Cofely Building Services & Maintenance SRL from Cofely Austria, a company affiliated with ENGIE that has been active on the Romanian market since 2005, ENGIE Services will diversify the range of activities, a press statement by the company informs. Moreover, the company is aiming to enlarge its expertise with energy services for buildings and industrial spaces as well as services designed to make energy consumption more efficient for industrial clients.

The portfolio of clients of Cofely Building Services&Maintenance SRL includes OMV Petrom, BRD Societe Generale and Kaufland. The company employs around 100 staff.

ENGIE Servicii, previously known as Distrigaz Confort, was created in 2009. The company, specialized in technical services for natural gas installations and central heating, has a portfolio of 650,000 clients.

“This transaction is the proof of our ambition to continue the development of energy services in Romania. The unification of the portfolio of clients and services as well as of the expertise of the two companies will contribute, without a doubt, to the consolidation of the position we have on the market of energy services in Romania and to the creation of a potential for development,” Eric Stab, CEO and President of ENGIE Romania.

[grupo guitarlumber] 22/11/2016 14:03

the al


mostly used for and by serious engie posters

[the_alchemist] 22/11/2016 13:46

La Forge
this is Energiser (engi) thread not ENGIE!!!

[la forge] 21/11/2016 21:51

translation google

Tradingcentral.fr - 3 hours ago

Share

Companies:

ENGIE

On the last 5 days, the title has changed little, losing 0.6%. Since the beginning of the year, it is down 29.43%.

From the point of view of the technical analysis: the RSI is less than 30. This may indicate a stock in a strong bearish trend or rather in a oversold state and therefore a recovery is necessary (monitor discrepancies). The MACD is less than its signal line and negative. The pattern is bearish in the short term. Finally, the stock is below its moving average 50 days.
Note that volumes have been rising for a few days.

Graphically: Resistance levels are on: 11.7 then 11.9. While the next media are on: 10.7 then 10.5.

Our preference: ENGIE (ENGI) (ENGI) is bearish as long as 11.9 is resistance.

The invalidation point of our scenario is located at: 11.9.
Reference price: 11.5.
Copyright 1999 - 2016 TRADING CENTRAL

[la forge] 21/11/2016 19:12

Engie plans entry into UK home power market
By Diarmaid Williams
International Digital Editor

Paris-based Engie has announced its intention to enter the UK household power market in 2017.

FT reports that Engie plans to build its own consumer brand as an extension of its business supplying power to British businesses.
Engie
In a sign of its ambition, Engie has recruited a panel of high-powered advisers, including Sir Michael Rake, chairman of BT, Sir Ed Davey, former energy secretary, and Lord Kerslake, former head of the civil service, to help it transition to market.

The company would focus on adding value to basic gas and electricity supplies, CEO Wilfrid Petrie said, including technology to help customers increase energy efficiency. “There is more value for us in helping manage energy demand than in supplying the energy itself,” he added.

Engie already operates a hydroelectric power station in Snowdonia and is part of the consortium planning to build a new nuclear power plant near Sellafield in Cumbria.

Mr Petrie said the UK’s vote to leave the EU had not changed Engie’s enthusiasm for Britain. “It’s still a country with 60 million inhabitants with a major economy,” he said.

[la forge] 21/11/2016 19:10

PARIS--Total SA (TOT) said Monday it had signed a deal to develop the natural gas field of Absheron discovered in Azerbaijan in 2011.

The French oil major agreed with Azerbaijan's state oil company SOCAR to carry out the first phase of production of the field, which will ultimately yield as many as 35,000 barrels of oil-equivalent a day.

Total will operate the field and take a 40% stake. SOCAR will also take a 40% stake, while French power utility Engie SA (ENGI.FR) will hold the remainder.

Total didn't disclose the amount the joint venture would invest in the field.

In response to the oil price collapse, Total has said it will boost hydrocarbon production in existing projects and only conduct new projects that will be cheap and fast to develop.



-Write to Inti Landauro at [e-mail]



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November 21, 2016 09:47 ET (14:47 GMT)

[la forge] 20/11/2016 10:44

The Sunday Times: The former boss of Centrica, Sam Laidlaw, is closing in on a blockbuster takeover of one of the largest operators in the North Sea; Neptune Oil & Gas, the investment vehicle that Laidlaw set up last year after leaving the British Gas owner, is in advanced talks to buy the French titan Engie’s 70% ownership stake.

[la forge] 19/11/2016 09:55

Orange and ENGIE pursue their commitment to the electrification of rural Africa
17-11-2016 10:00:00 | by: Andrea Ayemoba | hits: 680 | Tags: Orange
, ICT
, Telecom
, Energy

Orange and ENGIE have today launched a plan to deploy nearly 1,000 solar kits in Senegal, Côte d'Ivoire and Cameroon. Several villages in rural areas have been identified to participate in the first phase of this pilot program, prior to deployment on a larger scale.

The kits include a solar panel connected to a battery that can be used to provide domestic appliances with electricity. They also contain a remote control solution and a mobile payment system, providing a decentralized source of renewable electricity to homes that are not connected to the grid. The solar kits can be used as a lighting solution with LED lamps, to operate small electrical appliances (radio, television, etc.) or to recharge mobile phones.

This equipment offers an alternative solution, at low cost, that can replace petroleum lamps, disposable batteries or diesel-powered devices, which are all potentially dangerous pollutants.

Within the framework of this partnership, ENGIE will supply the solar kits through BBOXX and Fenix International, both of which are companies that have worked with ENGIE for several years and that have become references in the supply of solar-powered equipment. ENGIE will also take responsibility for the installation and maintenance of the equipment. Orange will ensure the commercial deployment and management of billing via "Orange Money". The service will allow customers to pay rent for the use of the equipment, allowing them to pay by instalment rather than through an upfront investment. In addition, this mobile payment system offers customers a simple and secure way to pay remotely, thus avoiding the need to travel long distances with cash.

Access to energy is a major challenge for the African continent. Around 90% of the population of sub-Saharan rural Africa does not have access to the electricity grid. In this context, Orange and ENGIE signed an agreement in 2015 to collaborate on ways to develop the electrification of rural areas and to optimize the supply of electricity to telecoms infrastructure in Africa. During the COP22 conference, Orange and ENGIE reaffirm their commitment to leveraging their technological expertise to stimulate sustainable progress and economic and social development on the African continent.
ENGIE in Africa

ENGIE has been present in Africa for over 50 years, where it operates in the fields of electricity, natural gas and services. ENGIE has a cumulated energy capacity of approximately 3,000MW across power plants in operation or under construction. ENGIE is also working on decentralized electricity production for isolated companies and rural villages in order to achieve the global goal of providing 20 million people with electricity by 2020. The Group is also researching opportunities for the deployment of home solar systems and mini-grids, as well as its policy to promote the use of solar energy to power telecoms towers in areas not connected to the electricity grid.
ENGIE is also present through its solidarity investment fund, “ENGIE Rassembleurs d'Énergies221;, which invests in sustainable energy access projects for vulnerable populations.
Orange in Africa

Orange is present in 21 countries in Africa and the Middle East where, at the end of September 2016, it had 113 million customers. With annual growth of around 5%, the continent represents an important part of the Group’s international development strategy.
The Group’s mobile money service, Orange Money, enables customers - including those who do not have a bank account - to use their mobile phone to easily carry out a wide range of financial services such as money transfers or the payment of bills. This service, which was first launched in Côte d’Ivoire in 2008, is now available in 16 countries and is used by over 20 million customers.

www.orange.com

[wipo1] 18/11/2016 08:54

I took a bit of a sore loss here a while back, luckily made up for it with Sony.Anyone still in? I would consider buying in sub €10

[waldron] 16/11/2016 22:34

Engie: is selected for 9 projects Territoires Hydrogènes
FR0010208488

Published on 16/11/2016 at 18:44

(Boursier.com) - Engie is a partner of 9 projects labeled as part of the public authorities' call for projects' Territoires hydrogènes' (AAP). Within the framework of New France Industrial to build the industry of the future, the State launched last May a call for projects to catalyze the deployment of the hydrogen sector in France, a sector that presents important issues for the industry, Industry, energy transition and green growth.

Of 57 projects (out of 98 territories) registered in France, 29 projects have been labeled, 9 of which Engie is associated through its various entities in the French regions. These files aim to demonstrate, on a territorial scale, the technical and economic feasibility and the environmental interest of hydrogen associated with energy networks and local energy uses.

Hydrogen, which will be produced mainly by renewable electricity, is one of Engie's levers of the future to accelerate the energy transition. The Group works on three axes of development: industrial uses, mobility and hydrogen as an energy vector. In each of these segments, the Group develops solutions, forges partnerships and explores innovative technologies. The winners of the call for projects will be supported by various public funding bodies (ministries in charge of Sustainable Development and Industry, CGI, ADEME, BPI France, Caisse des Dépôts et Consignations) To realize their projects. The labeled projects will be eligible for funding within 4 years of their validation.

[grupo] 15/11/2016 07:39

OLD NEWS NOV 2015

PARIS--Shares in Suez Environnement SA (SEV.FR), the French water and waste-management giant, jumped more than 5% on Tuesday amid speculation that parent company Engie SA might be about to make a multibillion-euro bid for the shares it doesn't already own in the group.

Engie has enlisted banking advisors to investigate the deal, according to a report in La Lettre d'Expansion, a business newsletter.

Engie, formerly known as GdF Suez, spun off Suez Environnement at the time of its creation through the merger with state-controlled gas utility Gaz de France and retains a 33.7% stake in the business.

Engie and Suez Environnement declined to comment.

The possibility of a bid fired up demand for shares in Suez Environnement, though some analysts were skeptical of the benefits for Engie.

Taking full control of Suez Environnement would make little sense, said analysts at brokerage house Bryan Garnier. They said Engie, buffeted by low wholesale power prices in Europe and slowing economic growth in emerging markets such as Brazil, focuses on liquefied natural gas and emerging economies, which makes for a poor fit with Suez Environnement's largely municipality-focused water and waste-treatment business.

Suez Environnement share were up 5.6%, valuing the group at 9.80 billion ($10.46 billion) at around 1115 GMT.

Shares in Engie were up 1.3%, valuing the group at EUR39.12 billion.



Write to Blandine Henault at [e-mail]



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