We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Energiser Investments Plc | LSE:ENGI | London | Ordinary Share | GB00B06CZD75 | ORD 0.1P |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
0.60 | 0.70 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
- |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
- | O | 0 | 0.65 | GBX |
Energiser Investments (ENGI) Share Charts1 Year Energiser Investments Chart |
|
1 Month Energiser Investments Chart |
Intraday Energiser Investments Chart |
Date | Time | Title | Posts |
---|---|---|---|
03/2/2025 | 20:14 | ENGIE ex GDF SUEZ | 2,865 |
22/7/2020 | 08:32 | ENGI - picking up distressed housing stock | 318 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|
Top Posts |
---|
Posted at 15/1/2025 15:35 by misca2 Engie SAEPA: ENGI 15.78 EUR +0.065 (0.41%) Jan 15, 16:16 GMT+1 15.78 EUR 16:16 Open 15.74 High 15.82 Low 15.65 Mkt cap 38.43B P/E ratio 8.02 Div yield 5.10% 52-wk high 16.39 52-wk low 13.07 |
Posted at 14/1/2025 08:44 by waldron ENGIE : The resistance should give inJanuary 13, 2025 at 01:03 pm By The editorial team marketscreener BUY Entry price Target Stop-loss Potential €15.89 €17 €15.2 +6.99% ENGIE is close to a major resistance level, whereby the breach of this level could be considered as a buy signal. This reflects our preferred scenario in light of the stock's current technical chart pattern. Summary ● Overall, and from a short-term perspective, the company presents an interesting fundamental situation. ● The company's MSCI ESG score, based on a ranking of the company relative to its industry, comes out particularly well. Strengths ● Its low valuation, with P/E ratio at 7.42 and 9.27 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples. ● This company will be of major interest to investors in search of a high dividend stock. ● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth. ● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. ● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock. ● Over the past twelve months, analysts' opinions have been strongly revised upwards. Weaknesses ● As estimated by analysts, this group is among those businesses with the lowest growth prospects. ● The company is in debt and has limited leeway for investment ● The valuation of the company is particularly high given the cash flows generated by its activity. |
Posted at 21/12/2024 23:47 by gibbs1 Analysts' ConsensusMean consensus BUY Number of Analysts 16 Last Close Price 14.91EUR Average target price 18.83EUR Spread / Average Target +26.30% High Price Target 23.80EUR Spread / Highest target +59.62% Low Price Target 16.80EUR Spread / Lowest Target +12.68% MARKETSCREENER |
Posted at 15/10/2024 18:17 by waldron tipranksEngie SA €16.10 +0.185 (+1.16%) At close: Oct 15 4:00 PM EDT Strong Buy 8Ratings 8 Buy 0 Hold 0 Sell Based on 8 analysts giving stock ratings to Engie SA in the past 3 months ENGI Stock 12 Month Forecast €19.45 ▲(20.84% Upside) Based on 8 Wall Street analysts offering 12 month price targets for Engie SA in the last 3 months. The average price target is €19.45 with a high forecast of €21.50 and a low forecast of €17.50. The average price target represents a 20.84% change from the last price of €16.10. |
Posted at 12/9/2024 20:36 by waldron Engie SA (ENGI) Stock Forecast & Price TargetENGI Analyst Ratings Strong Buy 7Ratings 7 Buy 0 Hold 0 Sell Based on 7 analysts giving stock ratings to Engie SA in the past 3 months ENGI Stock 12 Month Forecast €19.31 ▲(22.02% Upside) Based on 7 Wall Street analysts offering 12 month price targets for Engie SA in the last 3 months. The average price target is €19.31 with a high forecast of €21.50 and a low forecast of €17.00. The average price target represents a 22.02% change from the last price of €15.83. |
Posted at 12/9/2024 20:19 by waldron ENGIE enters a partnership with Ares Management for a 2.7 GW portfolio of Renewables and Storage Assets in the U.S.September 12, 2024 12:00 ET | Source: ENGIE North America HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced that it recently closed a partnership with Ares Management Infrastructure Opportunities funds (Ares). This transaction represents the largest operating portfolio sell down for ENGIE in the U.S. and is one of the largest sales completed in the renewables sector based on total capacity. ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets. The overall 2.7 GW portfolio consists of 15 projects in operation across ERCOT, MISO, PJM and SPP, of which 53% is solar, 25% wind and 22% co-located battery storage capacity. “We are delighted that ENGIE and Ares will be partners in such a large-scale renewables and co-located storage portfolio to further accelerate the energy transition towards a net zero future,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “The investment by Ares reflects ENGIE’s proven and recognized track record in developing, building, operating and financing renewable assets, both in North America and globally”. ENGIE is a leader in the net zero energy transition and currently has more than 8 GW of renewable production in operation or construction across the U.S. and Canada. Globally, ENGIE has an aspiration to add 4 GW per year through 2025, with North America as a material contributor to that growth. This transaction supports ENGIE’s strategy in North America by simultaneously recycling capital and adding a leading infrastructure investor to ENGIE’s select pool of partners. “We are thrilled to be partnering with ENGIE, a global leader in clean energy, on this highly contracted, attractive portfolio,” said Steve Porto, Partner in Ares’ Infrastructure Opportunities strategy. “This partnership provides diversification across proven technology and geography at scale alongside a strong operator. We look forward to continuing to provide the capital and experience needed to support the energy transition and build-out of climate infrastructure.&rdqu ### About ENGIE North America Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 96,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”) About Ares Management Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had over $447 billion of assets under management, with more than 2,950 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. |
Posted at 19/7/2024 19:30 by waldron The Deacon19 Jul '24 - 20:20 - 2828 of 2828 0 1 0 Engie hedges 89% of 2024 output at EUR 110/MWh (Montel) French energy utility Engie had hedged 89% of its expected nuclear and hydropower output this year at EUR 110/MWh by the end of June, down EUR 8 from the previous quarter, it said on Thursday. Reporting by: Sophie Tetrel 18 Jul 2024 | 10:16 From 2026, the output only included French generation as Belgian nuclear production would be sold under a regulated tariff, Engie said in a preliminary financial report. Last year, the firm sold its power output at EUR 98/MWh, up from EUR 90/MWh in 2022. French spot prices had averaged about EUR 46/MWh since the beginning of the year on the Epex exchange, nearly half of last year’s EUR 97/MWh level and six times less than in 2022 during the energy price crisis. Lower nuclear output Meanwhile, Engie’s nuclear output in France and Belgium rose 0.6 TWh year on year to 7.5 TWh in the April-June period, though it was down 0.3 TWh overall to 16 TWh in the first half of 2024 due to the lower availability of Belgian reactors in Q1. Engie operates five reactors in Belgium at the Doel and Tihange sites with a total capacity of 3.9 GW. It also owns 1.2 GW stakes in the Chooz (3 GW) and Tricastin (3.7 GW) nuclear plants in France. Meanwhile, the utility’s hydropower production rose 1.1 TWh year on year to 5 TWh in the second quarter, while it was up 2.3 TWh in H1 compared to the same period last year. Engie is due to publish its H1 financial report on 2 August. Edited by: Robin Newbold |
Posted at 17/5/2024 05:03 by the grumpy old men Engie Chile hikes 2024 capex estimate, rules out coal-fired plant biomass conversion projectBnamericas Published: Thursday, May 16, 2024 Market Prices and Forecasts Biomass Onshore Wind Photovoltaic Energy Storage Engie Chile hikes 2024 capex estimate, rules out coal-fired plant biomass conversion project Chilean power generator Engie has increased its 2024 capex estimate to US$555mn, up from an earlier forecast of US$530mn. Forecast outlay for this year corresponding to renewables and battery energy storage, or BESS, systems is now US$235mn and US$170m, respectively. Earlier in the year, the generator estimated renewables/BESS capex of US$380mn, relating to the under-construction Lomas de Taltal wind park (342MW, US$468mn) and to the BESS Tamaya (68MW, US$128mn) and BESS Capricornio (48MW, US$76mn) storage projects. The US$25mn upward renewables/BESS revision reflects the recently announced 116MW BESS Tocopilla project, which is due online in 4Q25 and will ramp up the company’s installed energy storage capacity to 371MW. With a price tag of US$180mn, BESS Tocopilla is being built at Engie’s former Tocopilla thermoelectric complex, taken offline in September 2022. “One of the reasons we’re building storage, BESS, at existing sites, is of course, there are synergies,” Engie Chile CFO Eduardo Milligan said. "That's why, today, we’re building BESS first in all our existing sites." Citing the Tamaya and Capricornio battery systems, installed at company solar PV parks, he underscored the benefits in terms of reducing curtailment, a situation impacting multiple renewables generators. "Adding batteries in this context makes a lot of sense, because we’re able to charge these batteries during the day and to use them during non-solar hours when spot prices are not set by renewables but are set by thermal power plants like natural gas or coal." Engie has 574MW of renewables/BESS capacity under construction, which will boost its clean energy park to 1.5GW. The company has 584MW of further capacity – wind, solar and battery storage – in the development phase. Engie is looking to expand its generation footprint in the center-south part of the country, which tends to have a different wind generation profile compared with the north. The investment outlook hinges on successful monetization of around US$333mn of receivables owed under an end-user price stabilization mechanism, the call was told. In 2026, Engie expects to have, overall, 3.1GW of installed capacity, with renewables/BESS accounting for 66% and natural gas the balance. COAL RETIREMENT The company has sought the green light from national energy commission CNE to take the Andina (CTA) and Hornitos (CTH) units at its CTM complex, for a combined 350MW, offline by end-2025. This would result in Engie fully exiting the coal-fired generation segment. Fellow generator Enel has exited coal and AES Andes is working to achieve this by the end of 2027 at the latest. CNE has authorized Engie to retire two other CTM units, for a combined 334MW, and convert its 377MW IEM plant to natural gas, a project due to be carried out in 2026, the company’s 1Q24 results call heard. BIOMASS CONVERSION RULED OUT Engie has also been given the environmental nod to convert units CTA and CTH to biomass. That was an original plan, from 2019. Milligan said, however, biomass conversion was not viable. "The biomass market is not sufficiently developed to reconvert both units to biomass now; this is why what we have today in our pipeline is to disconnect them in coal mode, and to continue evaluating other alternatives for them,” Milligan said. "We might keep them mothballed; we will continue keeping them, let's say, under maintenance with limited capex per year until we find other options for them, which could be conversion to other technology, which could be to provide ancillary services to the system, or if we don't find any alternatives for them after some years, we will completely disconnect them." |
Posted at 20/3/2023 15:00 by waldron ENGIE adds more than 650 MW to U.S. operationsWind and solar projects bring ENGIE’s renewable capacity to more than 4.8 GW across North America March 20, 2023 09:05 ET | Source: ENGIE North America HOUSTON, March 20, 2023 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced four projects reached commercial operation at the end of December 2022 with a total production capacity of 651 MW. The addition of these projects brings ENGIE’s renewable operations to more than 4.8 GW across the U.S. and Canada. The portfolio additions include two Texas projects, the 300 MW Limestone Wind project in Navarro and Limestone counties alongside the 250 MW Sun Valley Solar project in Hill County northeast of Waco. Dedication ceremonies to formally inaugurate Limestone and Sun Valley were held earlier this month, bringing together some 200 people including customers, landholders, local, state and federal representatives, community members and development partners, reflecting both the addition of 550 MW of clean energy to the grid, as well as the long-term commitments to the three counties which are expected to generate around $88 million in tax revenues over the life of the projects. A further two solar projects totaling 101 MW came online in Halifax County, Virginia and New Castle County, Delaware, which was ENGIE’s first grid-scale project in that state. “Maintaining momentum with our projects and meeting the expectations of our customers to help them deliver on their own Net Zero journey was and remains our key focus. Our proven ability to deliver consistently in a dynamic environment will be a critical differentiator over the next few years,” said Dave Carroll, Chief Renewables Officer of ENGIE North America. “Last year was a volatile one for the renewables industry, including sector-wide supply chain challenges, a rapidly evolving incentives landscape, inflation and all coupled with an accelerating commitment to a Net Zero future made for a lively twelve months, but one where our breadth and depth of the ENGIE team came through.” Earlier in 2022, Procter and Gamble (P&G) announced a Power Purchase Agreement (PPA) with ENGIE for production from Sun Valley. Jack McAneny, P&G Vice President Global Sustainability said at the time: “Partnering on new renewable power projects brings long-term, zero emissions renewable electricity on-line and is an important strategy to help us achieve our goal of purchasing 100% renewable electricity. We are excited to work with ENGIE on projects like Sun Valley that progress our strategy and provide benefits to the local community.” Last year also saw three customers announce PPA’s for Limestone – LyondellBasell, Stanley Black and Decker and Whirlpool Corporation. LyondellBasell commented: “LyondellBasel Stanley Black and Decker commented previously: “Creating a more sustainable world and achieving carbon neutrality by 2030 requires a transition to renewable energy,” said Deb Geyer, Corporate Responsibility Officer for Stanley Black & Decker. “This project, operational by the end of 2022, will continue to support Stanley Black & Decker’s strategy to source 100 percent of its United States and Canada electricity needs from renewable power.” Whirlpool Corporation commented: “This latest wind project is an important part of our ongoing sustainability initiatives, adding additional clean, renewable energy to the electrical grid while helping to reduce the company’s carbon footprint,” said Whirlpool Corp. Sr. Director of Sustainability Beat Stocker. “Now that Limestone Wind is becoming fully operational, we have achieved an important step in matching 100% of our U.S. plant electricity emissions, taking us closer to our Net Zero by 2030 goal for our operations." ENGIE has established a large and growing pipeline of wind, solar and storage projects across the U.S. and Canada, including two acquisitions last year that added some 50 early, mid and late-stage development projects to the portfolio. “Globally ENGIE aims to add an average 4 GW of renewable capacity each year through 2025 and North America is poised to be a material contributor to that aspiration. We plan to almost double production capacity by 2025 across the U.S. and Canada,” said Carroll. “We are already in construction for many of our 2023 projects, including storage, which will become an increasing element of our portfolio.” ### About ENGIE ENGIE is a global leader in low-carbon energy and services. With its 96,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-frie |
Posted at 24/8/2021 08:00 by la forge ENGIE: Medium Term Transformation In ProgressAug. 24, 2021 1:56 AM ETENGIE SA (ENGIY), ENGQF Summary ENGIE has agreed to the sale of its 11.5% stake in GRTgaz at an attractive RAB premium of c. 48%. With other planned disposals also in progress, the strategic shift appears to be on track. Yet, shares trade well below EU peers despite the re-rating potential and the c. 4% yield on offer. ENGIE (OTCPK:ENGIY), a French-based global utility company supplying electricity, gas, and energy services, may have outperformed yet again at its H1 '21 results, but the key highlight was the disposal of its stake in GRTgaz for a c. €1.1 billion price tag (implying a considerable premium to the RAB ("regulated asset base"). Beyond the highly favorable valuation benchmark the sale provides for Engie's gas infrastructure assets, it also illustrates that management is progressing well on its medium-term strategy to simplify the company. As such, I am bullish on Engie's plans to create a more straightforward infrastructure/renew Making Progress on GRTgaz with Latest Stake Sale Alongside its earnings results, Engie has signed a binding agreement with Caisse des Dépôts and CNP Assurances (both already minority shareholders) for the sale of its 11.5% stake in GRTgaz (gas transmission in France). The agreement values the GRTgaz group's total equity at €9.75 billion or an enterprise value of €14.6 billion, implying a c. 12x EV/ EBITDA valuation. In turn, the sale price also implies a RAB premium of c. 48%, which is certainly impressive for a minority stake in gas networks. In addition to the partial reduction in Engie's holding, the transaction will also feature a simplification of the GRTgaz group structure, which will lead to GRTgaz taking full ownership of Elengy (up from c. 82% currently). I view the transaction as a significant positive – not only does it represent another value crystallizing disposal for the group (implying a 1-2% positive impact on Engie's market cap), but it also helps to reduce Engie's net financial debt by c. €1.1 billion. From a broader perspective, the accretive sale also validates the case that there is value in the rest of the gas networks assets in the Engie portfolio despite the market remaining unwilling to capitalize the remaining c. 64% stake in GRTGaz at the implied deal multiple (note shares were slightly down post-announcement). Nonetheless, the deal is on track to close by year-end, and with similar disposals in the pipeline, I remain optimistic on a re-rating of the gas assets down the line. Medium Term Disposal Plan on Track Since the strategic shift outlined by management at its previous investor day, Engie has made impressive progress, disposing of its 29.9% stake in Suez for €3.3 billion and signing the sale of EVBox for c. €200 million, leading to a total of €3.6bn in the last year. Engie has since guided for a €9-10 billion disposal plan from 2021-2023, including Customer Solutions business Equans and another c. €2 billion tranche of disposals. On the former, expect steady news flow over the upcoming month – per recent news reports, Engie is kicking off an auction process for some of its services assets, with initial bids (expected in September) already valuing Equans in the €5-6 billion range. On the other hand, there will be some dilution at the EBIT level from the medium-term disposal plan – management has guided for a c. €700 million EBIT dilution scenario over the 2021-2023 period, mainly from the planned Equans sale. On balance, however, I view the disposals as a net positive, as it helps to de-risk the overall group, and depending on how the sale of Equans is structured, Engie still has options to manage the dilution side of the rotation (e.g., by executing in stages). With commodity prices also on the rise, expect higher profitability for Engie's supply activity and potentially its IPP business as well, both of which should help offset any earnings headwinds ahead. Strategic Transition to Infrastructure Underpins Incremental Upside In addition to the disposal plans, shareholders also stand to gain from a focus on infrastructure-like activities such as regulated networks, renewables developed on the balance sheet, along with contracted heating/cooling and cogeneration. A simpler group structure producing a visible and steady earnings stream on which the market can apply similar multiples to other bond proxy utilities in the sector (e.g., renewables peers) would likely be accretive. Assuming successful execution, the strategic shift should support a material re-rating of Engie's other activities, supporting the case for value unlocking ahead. Source: Engie Strategic Update Presentation Slides (2021) Alternatively, the planned transition would also make Engie a compelling M&A target for infrastructure or oil & gas funds/companies (with a lower cost of capital) looking to redeploy capital away from fossil fuels. Furthermore, Engie is currently trading at a considerable valuation discount to peers Enel (OTCPK:ESOCF) and Iberdrola (OTCPK:IBDRY) despite operating out of northern Europe. Considering Enel and Iberdrola are tied to higher Italian and Spanish underlying sovereign yields, I think Engie should instead trade at a premium multiple (note French 10-year bonds are negative yielding while similar durations in Italy and Spain offer modest positive yields). Final Take Overall, I like where Engie is going with its strategy, and considering its progress on the planned disposals, I see further positive catalysts ahead. Yet, Engie shares have been range-bound in recent months, even moving down slightly after an excellent quarterly earnings release. This seems unjustified, especially with earnings already growing ahead of expectations, disposals coming in at good valuations, and a near-term catalyst in the form of the Equans sale ahead (targeted before year-end). Trading well below peers at the current EV/EBITDA of c. 7x despite a dividend yield of c. 4%, Engie remains a great pick in the EU utilities space. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions