Energiser Investments Share Discussion Threads

[waldron] 26/3/2020 07:06

Engie: the group's rating under negative watch at S&P

Victoria Adam, published on 26/03/2020 at 06h53

0

Engie: the group's rating under negative watch at S&P

(Boursier.com) - The financial rating agency Standard & Poor's placed on Wednesday with negative implication the credit rating "A- / A-1" long and short term of Engie in a context of epidemic of coronavirus, reduction in financial room for maneuver, and against the background of a change in group governance.

This surveillance means that S&P plans to downgrade the credit rating of the French energy group.

Given the likely slowdown in the European economy linked to Covid-19, S&P estimates that the energy group's profits will be put under pressure by a less significant contribution from its Customer Solutions activity, the most cyclical, and by lower prices. energy against which the group is not covered from 2021.

The financial room for maneuver was reduced by numerous acquisitions in 2019 and by an upward revision of the provisions of the nuclear branch of Engie.

S&P also highlights the uncertainties concerning the group's strategy and organization, in the context of the search for a new leader, after the departure in February of Isabelle Kocher.

[waldron] 25/3/2020 17:48

Brent Crude Oil NYMEX 29.78 +0.13%
Gasoline NYMEX 0.58 +14.30%
Natural Gas NYMEX 1.72 -0.69%
WTI 24.462 USD -0.58%

FTSE 100
5,688.2 +4.45%
Dow Jones
21,616.12 +4.40%
CAC 40
4,432.3 +4.47%
SBF 120
3,475.19 +4.05%
Euro STOXX 50
2,800.14 +3.75%
DAX
9,874.26 +1.79%
Ftse Mib
17,111.27 +0.96%



Eni
8.723 +4.16%



Total
32.85 +7.79%



Engie
10.585 +1.88%




Bp
339.4 +8.66%

Vodafone
117.1 +5.27%

Royal Dutch Shell A
1,457 +7.35%



Royal Dutch Shell B
1,417.4 +8.02%

[waldron] 24/3/2020 18:47

Brent Crude Oil NYMEX 27.24 +0.78%
Gasoline NYMEX 0.55 +10.81%
Natural Gas NYMEX 1.71 +2.39%
WTI 23.482 USD -3.68%


FTSE 100
5,446.01 +9.05%
Dow Jones
20,212.43 +8.72%
CAC 40
4,242.7 +8.39%
SBF 120
3,339.8 +8.35%
Euro STOXX 50
2,715.11 +9.65%
DAX
9,700.57 +10.98%
Ftse Mib
16,634.97 +6.91%


Eni
8.375 +14.93%



Total
30.475 +15.00%

Engie
10.39 +6.39%



Bp
312.35 +21.58%

Vodafone
111.24 +0.94%

Royal Dutch Shell A
1,357.2 +20.38%



Royal Dutch Shell B
1,312.2 +22.91%

[florenceorbis] 24/3/2020 07:58

Engie: Citigroup reduced its target from 16.70 to 11.80 EUR.

[waldron] 23/3/2020 17:39

Brent Crude Oil NYMEX 28.82 -0.62%
Gasoline NYMEX 0.54 -13.55%
Natural Gas NYMEX 1.68 +0.30%
WTI 22.505 USD +4.24%


FTSE 100
4,993.89 -3.79%
Dow Jones
18,856.46 -1.66%
CAC 40
3,914.31 -3.32%
SBF 120
3,082.31 -3.57%
Euro STOXX 50
2,485.54 -1.81%
DAX
8,741.15 -2.10%
Ftse Mib
15,624.24 -0.68%



Eni
7.287 -0.08%



Total
26.5 +6.00%

Engie
9.766 -6.14%



Bp
256.9 +2.07%

Vodafone
110.2 -2.06%

Royal Dutch Shell A
1,127.4 +6.14%

Royal Dutch Shell B
1,067.6 +3.29%

[waldron] 22/3/2020 08:15

March 19, 2020 02:35 PM Eastern Daylight Time

PARIS--(BUSINESS WIRE)--Regulatory News:

ENGIE EPS (Paris:EPS):

2019 revenues up 29% versus last year; pipeline up 127%, but Project Backlog decreasing by 18% compared to the 2018 backlog update of June 2019.
The Coronavirus (COVID-19) outbreak is impacting both the industrial operations of ENGIE EPS and its short-term business prospects and it is still too early to assess its full impact.
As the situation continues to unfold, the primary concern of ENGIE EPS remains the health of our employees and their families.
ENGIE EPS has decided not to confirm its 2020 revenue guidance announced in June 2019 and, given the current highly volatile circumstances, cannot commit to an alternative 2020 target. As for the 2022 revenue target also announced in June 2019, ENGIE EPS will update if necessary this guidance once the COVID-19 situation has been overcome.
ENGIE EPS, together with ENGIE as its majority shareholder and industrial partner, remains committed to the implementation of the Long Term Strategic Plan.

[waldron] 20/3/2020 17:26

Brent Crude Oil NYMEX 28.67 +0.70%
Gasoline NYMEX 0.68 -1.46%
Natural Gas NYMEX 1.71 -1.22%
WTI 25.647 USD -2.78%


FTSE 100
5,190.78 +0.76%
Dow Jones
19,983.17 -0.52%
CAC 40
4,095.83 +6.23%
SBF 120
3,196.27 +5.32%
Euro STOXX 50
2,548.5 +3.58%
DAX
8,928.95 +3.70%
Ftse Mib
15,669.59 +1.31%



Eni
7.293 +4.71%


Total
25 +11.11%

Engie
10.405 +1.17%


Bp
251.7 +4.55%

Vodafone
112.52 -3.00%

Royal Dutch Shell A
1,062.2 +4.08%

Royal Dutch Shell B
1,033.6 +7.67%

[florenceorbis] 20/3/2020 09:23

3/20/2020 | 10:03
Societe Generale raised its recommendation on GTT from HOLD to BUY and kept its target price of 79 euros.

The broker made this decision because of the 50% loss in the stock. After a net cash position of 169 million euros, a record order book (708 million, or 2.5 years of turnover), a low execution risk and a limited exposure to oil prices, GTT enjoys the most solid fundamentals of its cover universe, explains the design office.

The latter recalls that he recently raised his medium-term forecasts. He further estimates that demand for Liquefied Natural Gas (LNG) could offer a good surprise in 2021-2022.

[waldron] 19/3/2020 17:16

Brent Crude Oil NYMEX 29.16 +9.25%
Gasoline NYMEX 0.68 +4.89%
Natural Gas NYMEX 1.71 +3.58%
(WTI) 24.625 USD +5.87%


FTSE 100
5,151.61 +1.40%
Dow Jones
20,108.11 +1.05%
CAC 40
3,855.5 +2.68%
SBF 120
3,034.89 +2.90%
Euro STOXX 50
2,460.3 +2.75%
DAX
8,610.43 +2.00%
Ftse Mib
15,387.3 +1.76%


Eni
6.965 +4.05%


Total
22.5 +3.23%

Engie
10.285 -0.15%


Bp
240.75 +3.02%

Vodafone
116 +8.03%

Royal Dutch Shell A
1,020.6 +5.13%

Royal Dutch Shell B
960 +4.71%

[waldron] 18/3/2020 17:33

Brent Crude Oil NYMEX 27.27 -10.33%
Gasoline NYMEX 0.65 -9.53%
Natural Gas NYMEX 1.62 -8.54%
WTI 22.21 USD -16.22%


FTSE 100
5,080.58 -4.05%
Dow Jones
19,576.75 -7.82%
CAC 40
3,754.84 -5.94%
SBF 120
2,949.24 -5.43%
Euro STOXX 50
2,385.82 -5.54%
DAX
8,441.71 -5.56%
Ftse Mib
15,147.39 -1.09%


Eni
6.694 -2.51%

Total
21.795 -13.34%

Engie
10.3 -0.05%

Bp
233.7 -9.99%

Vodafone
107.38 -0.32%

Royal Dutch Shell A
970.8 -10.11%

Royal Dutch Shell B
916.8 -10.66%

[waldron] 17/3/2020 17:25

Brent Crude Oil NYMEX 29.34 -2.36%
Gasoline NYMEX 0.72 +2.98%
Natural Gas NYMEX 1.82 -1.62%
WTI 28.26 USD -3.05%


FTSE 100
5,294.9 +2.79%
Dow Jones
20,709.57 +2.58%
CAC 40
3,991.78 +2.84%
SBF 120
3,118.74 +2.34%
Euro STOXX 50
2,530.5 +3.59%
DAX
8,939.1 +2.25%
Ftse Mib
15,360.42 +2.54%




Eni
6.866 +5.76%

Total
25.15 +3.35%

Engie
10.305 +3.28%

Bp
259.65 +0.12%

Vodafone
107.72 +9.90%

Royal Dutch Shell A
1,080 +2.80%

Royal Dutch Shell B
1,026.2 +2.27%

[waldron] 16/3/2020 17:46

Brent Crude Oil NYMEX 29.90 -11.67%
Gasoline NYMEX 0.72 -21.13%
Natural Gas NYMEX 1.87 -1.84%
WTI 28.95 USD -4.89%


FTSE 100
5,151.08 -4.01%
Dow Jones
21,254.26 -8.33%
CAC 40
3,881.46 -5.75%
SBF 120
3,047.49 -6.24%
Euro STOXX 50
2,450.37 -4.71%
DAX
8,742.25 -5.31%
Ftse Mib
15,013.38 -5.90%


Eni
6.492 -6.06%

Total
24.335 -6.49%

Engie
9.978 -4.84%



Bp
259.35 -6.13%

Vodafone
98.02 -6.70%

Royal Dutch Shell A
1,050.6 -7.08%

Royal Dutch Shell B
1,003.4 -7.42%

[waldron] 16/3/2020 16:11

GTT

Dividend in respect of 2019

On 27 February 2020, after approving the financial statements, the Board of Directors decided to propose the payout of a dividend of €3.25 per share in respect of FY2019. This dividend, payable in cash, will be submitted for approval at the General Shareholders' Meeting of 2 June 2020. As an interim dividend of €1.50 per share was paid on 27 September 2019 (in accordance with the Board decision of 25 July 2019), the payment in cash of the outstanding dividend balance, i.e. €1.75 per share, will take place on 10 June 2020 (ex-dividend date for the remainder of the dividend: 8 June 2020). The proposed dividend corresponds to a payout ratio of 84% of consolidated net profit.

Moreover, in accordance with the indications given by the Company upon its IPO, an interim dividend should be paid out in November 2020 in respect of FY2020.

[waldron] 13/3/2020 19:26

Brent Crude Oil NYMEX 36.09 +2.53%
Gasoline NYMEX 0.93 +1.44%
Natural Gas NYMEX 1.91 +1.38%
WTI 32.35 USD +4.42%

FTSE 100
5,366.11 +2.46%
Dow Jones
21,945.23 +3.51%
CAC 40
4,118.36 +1.83%
SBF 120
3,250.15 +1.56%
Euro STOXX 50
2,586.02 +0.62%
DAX
9,232.08 +0.77%
Ftse Mib
15,806.61 +6.12%


Eni
6.911 +4.84%


Total
26.025 -1.35%

Engie
10.485 -0.52%




Bp
276.3 +0.47%

Vodafone
105.06 +1.08%

Royal Dutch Shell A
1,130.6 +0.32%

Royal Dutch Shell B
1,083.8 -1.47%

SHELL COs drifting apart

[waldron] 12/3/2020 17:49

Brent Crude Oil NYMEX 35.03 -5.91%
Gasoline NYMEX 0.91 -17.82%
Natural Gas NYMEX 1.90 -1.25%
WTI 31.37 USD -5.21%


FTSE 100
5,237.48 -10.87%
Dow Jones
22,212.8 -5.69%
CAC 40
4,044.26 -12.28%
SBF 120
3,293.54 -9.78%
Euro STOXX 50
2,545.23 -12.17%
DAX
9,161.13 -12.24%
Ftse Mib
15,246.91 -14.96%



Eni
6.592 -18.11%


Total
27.86 -10.03%

Engie
10.54 -17.20%



Bp
275 -13.29%

Vodafone
103.94 -11.53%

Royal Dutch Shell A
1,127 -15.50%

Royal Dutch Shell B
1,100 -16.12%

[waldron] 11/3/2020 17:34

Brent Crude Oil NYMEX 36.08 -3.06%
Gasoline NYMEX 1.11 -4.49%
Natural Gas NYMEX 1.99 +0.45%
WTI 33.476 USD -2.10%


FTSE 100
5,876.52 -1.40%
Dow Jones
23,784.72 -4.93%
CAC 40
4,610.25 -0.57%
SBF 120
3,650.58 -0.78%
Euro STOXX 50
2,905.56 -0.29%
DAX
10,438.68 -0.35%
Ftse Mib
17,895.58 +0.14%



Eni
8.05 -1.41%



Total
30.965 -1.75%

Engie
12.73 -2.15%


Bp
317.15 -3.57%

Vodafone
117.48 -3.56%

Royal Dutch Shell A
1,333.8 -2.39%

Royal Dutch Shell B
1,311.4 -2.72%

[grupo] 11/3/2020 13:55

Dividend

For fiscal year 2019, ENGIE confirmed the payment of a €0.80 per share dividend representing a payout ratio of 72%, payable in cash.



The annual dividend will be paid at one time, on May 20, 2020, after the Ordinary General Meeting approving the annual accounts.



The ex-date is May 18,2020.



To benefit from this, you must hold ENGIE shares in the portfolio no later than Friday, May 15, 2020, the day before the ex-date.



ENGIE will also pay a loyalty bonus of 10% (€0.08 per share for 2019) on May 20, 2020 to its shareholders holding their registered shares for at least two years continuously and until the payment of the dividend.



To register your registered shares and benefit from the loyalty bonus, send this form to your bank. Consult the answers to the most frequently asked questions about this loyalty bonus.



Any share registered before 31/12/2020, will thus benefit in 2023 from the bonus the dividend related to 2022.


Dividend policy



For the future, ENGIE confirms the medium-term dividend policy, in the range of 65 to 75% NRIgs payout ratio.



ENGIE anticipates 2020 net recurring income, Group share to be between €2.7 and €2.9 billion*. This guidance is based on an indicative EBITDA range of EUR 10.5 to EUR 10.9 billion and COI range of €5.8 to €6.2 billion.



For 2022, ENGIE anticipates net recurring income, Group share to grow at a CAGR range of 6-8% (i.e. between €3.2 and 3.4 billion). This guidance is based on an indicative CAGR range for EBITDA between 2-4% and for COI between 4-6%.



As at January 31, 2020, the number of shares comprising the capital, net of the self-held shares, is 2,413,041,317.



* These targets and this indication assume average weather conditions in France, full pass through of supply costs in French regulated gas tariffs, no significant accounting changes, no major regulatory or macroeconomic changes, commodity price assumptions based on market conditions as of December 31, 2019 for the non- hedged part of the production, no change in the nuclear provision legal and regulatory framework, average foreign exchange rates as follows for 2020: EUR/USD: 1.13; EUR/BRL: 4.57 and for 2021-2022: EUR/USD: 1.16; EUR/BRL: 4.57 and dilution from the €4 bn disposal plan for 2020-22.



ENGIE publishes each year a reference document in which the risk factors of the company are mentioned; available on engie.com/en/gm and amf-france.org.

[waldron] 10/3/2020 17:34

Brent Crude Oil NYMEX 37.28 +8.50%
Gasoline NYMEX 1.16 +1.71%
Natural Gas NYMEX 1.94 +6.82%
WTI 33.67 USD +2.41%


FTSE 100
5,960.23 -0.09%
Dow Jones
24,041.34 +0.80%
CAC 40
4,713.94 +0.13%
SBF 120
3,742.38 +0.16%
Euro STOXX 50
2,910.02 -2.23%
DAX
10,475.49 -1.41%
Ftse Mib
17,969.48 -2.74%



Eni
8.165 +0.80%


Total
31.55 +1.84%

Engie
13.415 -1.94%



Bp
328.9 +3.36%

Vodafone
121.82 -1.95%

Royal Dutch Shell A
1,366.4 +3.69%

Royal Dutch Shell B
1,348 +3.31%

[waldron] 09/3/2020 17:16

Brent Crude Oil NYMEX 35.87 -20.76%
Gasoline NYMEX 1.17 -15.95%
Natural Gas NYMEX 1.74 -0.23%
WTI 33.071 USD -20.32%


FTSE 100
5,965.77 -7.69%
Dow Jones
24,203.44 -6.42%
CAC 40
4,796.7 -6.66%
SBF 120
3,803.71 -6.55%
Euro STOXX 50
2,976.29 -8.04%
DAX
10,625.02 -7.94%
Ftse Mib
18,715.18 -10.02%


Eni
8.1 -20.85%



Total
32.035 -13.77%

Engie
14.045 -6.02%


Bp
318.2 -19.48%

Vodafone
124.24 -9.06%

Royal Dutch Shell A
1,317.8 -17.60%

Royal Dutch Shell B
1,304.8 -18.23%

[sarkasm] 09/3/2020 14:13

Engie invests in Spanish hydrogen producing start-up H2SITE

PowerOil & GasDownstream

By NS Energy Staff Writer 09 Mar 2020

H2SITE is a spinoff formed by Tecnalia research and technology center and Eindhoven University of Technology
Engie

Engie and Tecnalia officials at the signing ceremony. (Credit: ENGIE Group.)

French utility Engie, through its venture capital arm Engie New Ventures, has invested in H2SITE, a Bilbao, Spain headquartered company that aims to commercialise the production of highly pure hydrogen, using a membrane reactor based system.

The membrane reaction based technology can produce hydrogen at customer’s premises from several hydrogen carriers including methane, particularly from biomethane and ammonia.

H2SITE is a spinoff established by Tecnalia research and technology center and Eindhoven University of Technology.

The aim of H2SITE technology platform is to address the issue of decentralised production, transport and storage of hydrogen using a compact and cost-effective, on-site solution, based on its one-step industrial process that combines membranes in a reactor.

Engie claims to have identified and assess this new technology through a diverse collaborative research projects.

Engie executive vice president Shankar krishnamoorthy said: “Our investment in H2SITE lies at the heart of the energy transition that ENGIE is leading in particular by fostering and participating in the development of a market for hydrogen.

“We are pleased with this new research cooperation that will enable to unlock the full potential of a versatile and promising technology, and to scale up sustainable and efficient solutions for industry and mobility needs”
Engie signs R&D cooperation partnership with Tecnalia and Eindhoven University of Technology

In addition to making a minority investment in H2SITE, the French company through its research centre Engie Lab CRIGEN, has signed a research and development cooperation partnership with Tecnalia and Eindhoven University of Technology to further develop applications of this technology that can contribute towards carbon neutrality.

Tecnalia CEO Iñaki San Sebastian said: “H2SITE is the result of deep-tech venture building at pan-European level, combining: breakthrough R&D capabilities at University, Research and Technology Organization and Corporate level with ENGIE’s smart capital together with a top extended entrepreneurial team. Hydrogen is core to Tecnalia´s focus on zero carbon solutions.”

Engie New Ventures a €180m investment fund that is involved in making minority investments in innovative startups.

[waldron] 06/3/2020 17:27

Brent Crude Oil NYMEX 46.32 -7.34%
Gasoline NYMEX 1.42 -6.99%
Natural Gas NYMEX 1.76 -2.70%
WTI 42.385 USD -8.28%


FTSE 100
6,462.55 -3.62%
Dow Jones
25,569.81 -2.11%
CAC 40
5,139.11 -4.14%
SBF 120
4,070.41 -4.11%
Euro STOXX 50
3,232.07 -4.06%
DAX
11,541.87 -3.37%
Ftse Mib
20,809.16 -3.46%


Eni
10.234 -6.69%


Total
37.15 -4.87%

Engie
14.945 -4.99%


Bp
395.2 -5.16%

Vodafone
136.62 -3.01%

Royal Dutch Shell A
1,599.2 -5.37%

Royal Dutch Shell B
1,595.6 -5.85%