Ørsted A/S (CPH: ORSTED)

Denmark flag Denmark · Delayed Price · Currency is DKK
312.20
+0.70 (0.22%)
Jan 20, 2025, 4:59 PM CET
-19.04%
Market Cap 131.20B
Revenue (ttm) 71.49B
Net Income (ttm) 5.05B
Shares Out 420.23M
EPS (ttm) 11.99
PE Ratio 26.04
Forward PE 18.08
Dividend n/a
Ex-Dividend Date n/a
Volume 281,089
Average Volume 662,830
Open 309.30
Previous Close 311.50
Day's Range 304.60 - 312.30
52-Week Range 285.50 - 458.30
Beta 0.78
RSI 40.29
Earnings Date Feb 6, 2025

About Ørsted

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Europe, the United States, and Taiwan, as well as develops renewable hydrogen and green fuels in Europe and on the United States gulf coast. The On... [Read more]

Sector Utilities
Founded 1972
Employees 8,905
Stock Exchange Copenhagen Stock Exchange
Ticker Symbol ORSTED
Full Company Profile

Financial Performance

Financial Statements

News

Orsted flags impairments of about $1.7 billion on US rate increases

Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter due to U.S. interest-rate increases.

4 hours ago - Reuters

Scandinavia Backs Orsted As It Taps Hitachi For Grid Stabilisation On Big Offshore Wind Project

Orsted, the world's largest offshore wind developer, has faced significant stock declines but remains crucial for global decarbonization efforts amid climate urgency and political challenges. Scandina...

12 days ago - Seeking Alpha

Equinor raises Orsted stake to 10%, as planned

Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy group Orsted , raising its ownership to 10%, in line with the Norwegian group's previously stated intention.

4 weeks ago - Reuters

Renewable Energy Company Ørsted Sells 50% Stake In US Solar And Battery Projects For $572 Million: Details

Renewable energy group Orsted (OTC: DNNGY) disclosed the sale of a 50% equity stake in three U.S. onshore projects to Energy Capital Partners valued at $572 million. The divested assets include Mocki...

4 weeks ago - Benzinga

Orsted divests 50% stake in three US onshore projects for $572 mln

Denmark's Orsted said on Wednesday it would divest a 50% equity stake in three U.S. onshore projects to Energy Capital Partners for $572 million.

4 weeks ago - Reuters

Danish turbine giant Orsted ‘lacked foresight’ as President-elect Trump shuns offshore wind power

Reeling from $4 billion in cancelled U.S. projects, Orsted now faces the prospect of four years of a Donald Trump presidency.

5 weeks ago - Fortune

Orsted sells 50% stake in Greater Changhua 4 wind farm for $1.64 bln

Denmark's Orsted said on Wednesday it has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for about 11.6 billion Danish crowns ($1.64 billion)...

5 weeks ago - Reuters

How the world’s biggest offshore wind company was blown off course

Denmark’s Ørsted was once seen as a model for how oil and gas giants could go green. Its recent troubles suggest that things may not be so easy

6 weeks ago - Financial Times

Ørsted’s Senior Executive Joins GE Vernova in Key Commercial Role

Ørsted’s Group Executive Vice President and Chief Executive for the Americas is set to move into a new position as Global Chief Commercial Officer for Wind at GE Vernova, a major player in wind turbin...

2 months ago - CEOWORLD magazine

Trump election win sends green energy stock prices tumbling

Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second term in the White House.

2 months ago - New York Post

European clean energy stocks plunge as Trump election victory raises climate policy concerns

European clean energy stocks plunged on Wednesday following Donald Trump's election victory, as investors brace for potential rollbacks on US climate and renewable energy policies. With Trump's campai...

2 months ago - Invezz

Danish renewables giant Orsted leads wind energy selloff as Donald Trump’s claims over ‘crazy’ whales come back to bite

Donald Trump has attacked Orsted and offshore wind, claiming it kills whales.

2 months ago - Fortune

European clean energy stocks tumble as Trump wins presidency

Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a potential dismantling of U.S. support for renew...

2 months ago - Reuters

Ørsted A/S. (DNNGY) Q3 2024 Earnings Call Transcript

Ørsted A/S. (OTCPK:DNNGY) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ETCompany ParticipantsMads Nipper - President & CEOTrond Westlie -...

2 months ago - Seeking Alpha

Orsted Raises Earnings Forecast on Strong Offshore Wind Performance

Orsted has hiked its full-year earnings guidance as the Danish groups offshore wind projects drove profits upward in the first nine months of the year. Full-year earnings before interest, taxation, de...

2 months ago - OilPrice com

Swedish defence concerns over Baltic Sea wind farms can be addressed, says Orsted CEO

The offshore wind industry has solutions that would address Swedish defence concerns, CEO of renewable energy group Orsted said on Tuesday after Sweden rejected applications to build 13 offshore wind ...

2 months ago - Reuters

Ørsted A/S reports nine-month results

2 months ago - Seeking Alpha

Orsted Narrows Full-Year Guidance as Turnaround Plan Progresses

Denmark’s Orsted A/S slightly narrowed its full-year earnings forecast as the work to turn the company around gathers pace after a dreadful 2023.

2 months ago - BNN Bloomberg

Orsted Q3 operating profit falls slightly below expectations

Orsted , the world's biggest offshore wind farm developer, on Tuesday reported third-quarter operating profit slightly below expectations and narrowed its full-year profit forecast.

2 months ago - Reuters

Orsted sells stakes in four UK offshore wind farms to Brookfield

"Today's transaction is an important milestone in the farm-down programme as part of our business plan, supporting our significant re-investment in new assets," Orsted CEO Mads Nipper sai

2 months ago - Zawya

Orsted sells stakes in four UK offshore wind farms to Brookfield

Denmark's Orsted said on Wednesday it had agreed to sell a 12.45% minority stake in four of its operational British offshore wind farms to Brookfield in a transaction worth 1.75 billion pounds ($2.28 ...

2 months ago - Reuters

Brookfield Buys $2.3 Billion Stake in Orsted UK Wind Farms

Brookfield bought a £1.75 billion ($2.3 billion) stake in four offshore wind farms from Orsted A/S in one of the biggest deals for the sector this year.

2 months ago - BNN Bloomberg

Ørsted: Seeing Some Stability And Upside From The Speculative 'Buy'

Ørsted has faced significant profitability issues in wind projects, but recent developments, including Equinor's 10% stake acquisition, suggest the stock is undervalued. Equinor's investment indicates...

3 months ago - Seeking Alpha