Energiser Investments Share Discussion Threads

[waldron] 15/5/2020 17:47

German regulator nixes Nord Stream 2 request for EU law waiver
May 15, 2020 12:56 PM ET|About: Public Joint Stock Company ... (OGZPY)|By: Carl Surran, SA News Editor

Germany's energy regulator declines to grant a waiver of European Union gas directives to the Nord Stream 2 pipeline, in another blow to the project to carry gas from Russia to Germany under the Baltic Sea.

The regulator says the project is not exempt from EU unbundling rules that require separate operators for the production, transport and distribution of energy for the section that runs through German territory.

Gazprom (OTCPK:OGZPY) leads the Nord Stream 2 consortium, which also includes Uniper (OTC:UNPPY), BASF's (OTCQX:BASFY) Wintershall unit, Royal Dutch Shell (RDS.A, RDS.B), OMV (OTCPK:OMVJF) and Engie (OTCPK:ENGIY).

[waldron] 15/5/2020 16:44

Brent Crude Oil NYMEX 32.14 +2.32%
Gasoline NYMEX 0.97 +3.81%
Natural Gas NYMEX 1.87 +0.11%
WTI 29.167 USD +4.00%


FTSE 100
5,799.77 +1.01%
Dow Jones
23,528.07 -0.41%
CAC 40
4,277.63 +0.11%
SBF 120
3,397.7 +0.35%
Euro STOXX 50
2,770.7 +0.59%
DAX
10,465.17 +1.24%
Ftse Mib
16,885.45 +0.10%



Eni
8.52 +0.07%



Total
30.86 +0.16%


Engie
9.376 +1.41%



Bp
296.5 +0.02%

Vodafone
120.98 +1.22%

Royal Dutch Shell A
1,228 +1.99%


Royal Dutch Shell B
1,175.6 +1.48%

[waldron] 14/5/2020 16:30

Brent Crude Oil NYMEX 30.12 +3.19%
Gasoline NYMEX 0.92 +3.77%
Natural Gas NYMEX 1.92 +1.75%
WTI 26.709 USD +2.61%


FTSE 100
5,741.54 -2.75%
Dow Jones
23,175.82 -0.31%
CAC 40
4,273.13 -1.65%
SBF 120
3,385.9 -1.77%
Euro STOXX 50
2,754.52 -1.96%
DAX
10,337.02 -1.95%
Ftse Mib
16,844.15 -1.97%



Eni
8.514 -0.13%



Total
30.81 -0.90%



Engie
9.246 +0.81%



Bp
296.45 -1.72%

Vodafone
119.52 -1.61%

Royal Dutch Shell A
1,204 -4.85%



Royal Dutch Shell B
1,158.4 -5.31%

[florenceorbis] 14/5/2020 06:39

5/13/2020 | 12:24pm BST

James Brand from Deutsche Bank retains his Neutral opinion on the stock. The target price is unchanged at EUR 10.

[florenceorbis] 14/5/2020 06:03

An additional disposal plan at Engie? Engie is considering several divestments, which could involve more than 15,000 positions, in particular the specialist in maintenance of industrial sites and Endel nuclear power plants, according to concordant sources. Ineos Défense, Culturespaces and Gepsa could also be on the list. The proposed scope would represent between 1.2 and 1.8 billion €, or between 2 and 3% of the company's overall turnover.

[waldron] 13/5/2020 16:30

Brent Crude Oil NYMEX 29.68 -1.00%
Gasoline NYMEX 0.90 -3.89%
Natural Gas NYMEX 1.89 -3.82%
WTI 25.971 USD +0.72%


FTSE 100
5,904.05 -1.51%
Dow Jones
23,279.14 -2.04%
CAC 40
4,344.95 -2.85%
SBF 120
3,446.94 -2.72%
Euro STOXX 50
2,810.55 -2.72%
DAX
10,542.66 -2.56%
Ftse Mib
17,190.32 -2.10%



Eni
8.525 -2.17



Total
31.09 -3.79%



Engie
9.172 -1.80%




Bp
301.65 -3.70%

Vodafone
121.48 -1.14%

Royal Dutch Shell A
1,265.4 -3.52%


Royal Dutch Shell B
1,223.4 -3.00%

[grupo] 13/5/2020 07:05

Engie: Morgan Stanley targeting 12 EUR

[waldron] 13/5/2020 06:11

MAY14/2020 Shareholders Meeting

[waldron] 12/5/2020 16:27

Brent Crude Oil NYMEX 30.07 +1.48%
Gasoline NYMEX 0.93 -1.02%
Natural Gas NYMEX 2.00 -4.03%
WTI 6.091 USD +2.68%


FTSE 100
5,994.77 +0.93%
Dow Jones
24,212.15 -0.04%
CAC 40
4,472.5 -0.39%
SBF 120
3,543.38 -0.38%
Euro STOXX 50
2,884.2 +0.02%
DAX
10,819.5 -0.05%
Ftse Mib
17,560.28 +1.03%


Eni
8.714 +0.96%


Total
32.315 -0.22%


Engie
9.34 -4.30%



Bp
313.25 -0.19%

Vodafone
122.88 +8.74%

Royal Dutch Shell A
1,311.6 -0.17%



Royal Dutch Shell B
1,261.2 -0.06%

[sarkasm] 12/5/2020 12:09

ENGIE’s green energy pipeline ‘largely unaffected’ as group stays profitable

By José Rojo Martín May 12, 2020 11:27 AM BST 0

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Image credit: Web Summit / Flickr

Image credit: Web Summit / Flickr

ENGIE’s green energy work has largely escaped from COVID-19’s fallout so far, with the utlity's renewables unit recording strong performance and expected to report "low impacts" going forward.

New results out Tuesday show the French group generated in Q1 2020 revenues (€16.5 billion or US$17.8 billion) and EBITDA (€3.1 billion or US$3.3 billion) either largely in line with – or slightly lower than – the figures reported for the same period last year.

ENGIE, the update indicates, remained money-making even if current operating income dipped between Q1 2019 (€2 billion/US$2.16 billion) and Q1 2020 (€1.9 billion/US$2.05 billion). Between January and March 2020, net financial debt grew €2 billion to reach €27.9 billion (US$30 billion).

While most divisions posted year-on-year falls in gross current operating income, ENGIE's renewables unit recorded – when the metric was converted to organic income – a 17.2% jump, a contrast with Client Solutions (45.7% drop in organic terms), Thermal (16.1%) and others.

Renewables’ organic income boost in Q1 2020 was, the firm said, chiefly driven by buoyant hydro power output in France and the commissioning of wind and solar across the globe. Over in the US and Canada, green energy project completion helped offset losses on other fronts.

“Looking ahead, we will continue to prioritize employee safety while restarting previously impacted activities as soon as possible, and at the same time we will further sharpen our strategic focus on key activities and geographies. The world’s recovery from the Covid-19 crisis is a unique opportunity to address the energy transition and climate change challenges with renewed urgency”—;Claire Waysand, ENGIE’s interim CEO

Faith in long-term RES prospects after CEO's ousting

ENGIE’s pre-pandemic 2020 guidance – full-year net recurring income of €2.7-2.9 billion (US$2.94-3.16 billion) – was already pulled in April and this week’s update brought no changes. The “unquantifiable” nature of impacts means predictions will need to wait, the firm said.

The COVID-19 outbreak finds ENGIE on the other side of the high-profile ousting of former CEO Isabelle Kocher. Forced out by the board in early February, the executive was replaced by a transition team led by interim CEO Claire Waysand, who continues to hold the title as the search for a replacement continues.

Amid the boardroom controversy, the firm has continued to put stock in the green energy shift initiated by Kocher. In late February, the transition team predicted its renewables unit would be one of its only two to achieve double-digit growth of operating income in 2020, amid claims that the target it set last year to add 9GW of green energy projects by 2021 is now “fully secured”.

How the green energy agenda will be disrupted by COVID-19 beyond Q1 2020 remains unclear. In early April, ENGIE acknowledged impacts on its renewables unit, including “operational, supply chain and finance partnering constraints”. The division, the firm went on to say at the time, could be hit this year by “price movements on unhedged merchant power sales.”

One month later, the French group appeared to change discourse as it said it currently expects “low impact” from the pandemic as ongoing projects, supply chains and facility operations remain “largely unaffected”. The firm added, however: “Uncertainties remain on potential delays of commissioning and sell-downs, foreign exchange and timing of favourable rulings in Brazil.”

PV Tech has set up a dedicated tracker to map out how the COVID-19 pandemic is disrupting solar supply chains worldwide. You can read the latest updates here.

If you have a COVID-19 statement to share or a story on how the pandemic is disrupting a solar business anywhere in the world, do get in touch at [e-mail] or [e-mail].

[waldron] 11/5/2020 16:17

Brent Crude Oil NYMEX 29.98 -3.20%
Gasoline NYMEX 0.95 -1.11%
Natural Gas NYMEX 2.09 +0.39%
WTI 25.554 USD -1.00%

FTSE 100
5,939.73 +0.06%
Dow Jones
24,178.81 -0.63%
CAC 40
4,490.22 -1.31%
SBF 120
3,556.78 -1.33%
Euro STOXX 50
2,883.6 -0.87%
DAX
10,824.99 -0.73%
Ftse Mib
17,388.29 -0.29%



Eni
8.631 +0.00%


Total
32.385 -1.82%



Engie
9.76 -0.39%



Bp
313.85 -0.65%

Vodafone
113 +0.07%

Royal Dutch Shell A
1,313.8 -0.51%



Royal Dutch Shell B
1,262 -0.13%

[sarkasm] 10/5/2020 08:05

MAY14/2020 Shareholders Meeting

[waldron] 07/5/2020 16:31

Brent Crude Oil NYMEX 30.62 +3.03%
Gasoline NYMEX 0.95 +6.74%
Natural Gas NYMEX 2.16 -0.74%
WTI 26.508 USD +4.03%

FTSE 100
5,935.98 +1.40%
Dow Jones
24,089.78 +1.80%
CAC 40
4,501.44 +1.54%
SBF 120
3,559.89 +1.45%
Euro STOXX 50
2,880.6 +1.27%
DAX
10,759.27 +1.44%
Ftse Mib
17,208.81 +0.29%

Eni
8.556 +1.58%


Total
32.57 +1.15%



Engie
9.69 +1.17%


Bp
315.9 +0.70%

Vodafone
112.92 +0.30%

Royal Dutch Shell A
1,320.6 +2.71%



Royal Dutch Shell B
1,263.6 +2.68%

[sarkasm] 07/5/2020 06:27

Engie: J.P. Morgan remains overweight with a price target reduced from 19.50 to 16 EUR.

[waldron] 06/5/2020 16:36

Brent Crude Oil NYMEX 28.98 -6.43%
Gasoline NYMEX 0.87 -5.09%
Natural Gas NYMEX 2.19 -5.23%
WTI 24.793 USD -10.20%


FTSE 100
5,853.76 +0.07%
Dow Jones
23,830.25 -0.22%
CAC 40
4,433.38 -1.11%
SBF 120
3,509.17 -1.00%
Euro STOXX 50
2,843.76 -1.15%
DAX
10,606.2 -1.15%
Ftse Mib
17,167.38 -1.27%



Eni
8.423 -3.04%


Total
32.2 -2.16%

Engie
9.578 +0.15%


Bp
313.7 -1.63%

Vodafone
112.58 +0.09%

Royal Dutch Shell A
1,285.8 -3.73%



Royal Dutch Shell B
1,230.6 -4.11%

[waldron] 05/5/2020 16:48

Brent Crude Oil NYMEX 30.35 +11.58%
Gasoline NYMEX 0.90 +7.61%
Natural Gas NYMEX 2.35 +5.25%
WTI 26.012 USD +10.00%


FTSE 100
5,849.42 +1.66%
Dow Jones
24,162.84 +1.74%
CAC 40
4,483.13 +2.40%
SBF 120
3,544.63 +2.47%
Euro STOXX 50
2,875.91 +2.25%
DAX
10,729.46 +2.51%
Ftse Mib
17,365.86 +1.94%


Eni
8.687 +5.80%



Total
32.91 +7.94%



Engie
9.564 +1.27%



Bp
318.9 +6.09%

Vodafone
112.48 +2.57%

Royal Dutch Shell A
1,335.6 +5.55%



Royal Dutch Shell B
1,283.4 +5.06%

[waldron] 04/5/2020 16:27

Brent Crude Oil NYMEX 26.63 +0.72%
Gasoline NYMEX 0.80 +1.44%
Natural Gas NYMEX 2.20 +3.00%
WTI 22.206 USD +3.95%


FTSE 100
5,753.78 -0.16%
Dow Jones
23,537.96 -0.78%
CAC 40
4,378.23 -4.24%
SBF 120
3,459.11 -4.19%
Euro STOXX 50
2,812.58 -3.94%
DAX
10,466.8 -3.64%
Ftse Mib
17,075.24 -3.48%


Eni
8.211 -5.77%




Total
30.49 -7.18%



Engie
9.444 -4.64%



Bp
300.6 +0.59%

Vodafone
109.66 -0.65%

Royal Dutch Shell A
1,265.4 +2.74%


Royal Dutch Shell B
1,221.6 +1.80%