Ørsted A/S (CPH: ORSTED)

Denmark flag Denmark · Delayed Price · Currency is DKK
390.60
-0.40 (-0.10%)
Aug 30, 2024, 4:59 PM CET
-6.22%
Market Cap 164.14B
Revenue (ttm) 73.16B
Net Income (ttm) -22.60B
Shares Out 420.23M
EPS (ttm) -53.80
PE Ratio n/a
Forward PE 18.96
Dividend n/a
Ex-Dividend Date n/a
Volume 585,756
Open 390.20
Previous Close 391.00
Day's Range 390.20 - 396.00
52-Week Range 248.00 - 447.40
Beta 0.72
Analysts n/a
Price Target n/a
Earnings Date Nov 5, 2024

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 Nasdaq Copenhagen
Ticker Symbol ORSTED
Full Company Profile

Financial Performance

Financial Statements

News

Energy group Orsted shuts down its last coal-fired plant

Denmark's Orsted will shut down its last coal-fired power units this week, it said on Thursday, marking a milestone in its transition to fossil-free energy generation.

2 days ago - Reuters

ØRsted's Halt On Hydrogen Plant Highlights Synthetic Fuel Challenge

Ørsted, widely considered the greenest energy company in the world, recently decided to stop the construction of a plant for hydrogen-based fuel. Click to read.

4 days ago - Seeking Alpha

Orsted's second-quarter net loss unexpectedly widened after it booked hefty impairments on wind and synthetic fuel projects.

Orsted’s second-quarter net loss unexpectedly widened after it booked hefty impairments on wind and synthetic fuel projects.

15 days ago - The Wall Street Journal

Another blow to the US’ offshore wind ambitions

Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024. | Photo: Getty Images Offshore wind energy ...

16 days ago - The Verge

Orsted A/S. (DNNGY) Q2 2024 Earnings Call Transcript

Orsted A/S. (OTCPK:DNNGY) Q2 2024 Earnings Conference Call August 15, 2024 8:00 AM ETCompany ParticipantsMads Nipper - Group President and Chief Executive...

16 days ago - Seeking Alpha

Orsted A/S. (DNNGY) Q2 2024 Earnings Call Transcript

Orsted A/S. (OTCPK:DNNGY) Q2 2024 Earnings Conference Call August 15, 2024 8:00 AM ETCompany ParticipantsMads Nipper - Group President and Chief Executive...

16 days ago - Seeking Alpha

Ørsted flags delay in U.S. offshore wind, scraps European green fuels project

Ørsted (DNNGY) reports larger than expected Q2 net loss with impairments on wind projects in the US and Europe.

16 days ago - Seeking Alpha

Ørsted flags delay in U.S. offshore wind, scraps European green fuels project

Ørsted (DNNGY) reports larger than expected Q2 net loss with impairments on wind projects in the US and Europe.

16 days ago - Seeking Alpha

Orsted Delays U.S. Offshore Wind Project

Orsted is delaying construction and start-up at a U.S. offshore wind project, which resulted in impairment losses incurred for the second quarter of the year, the worlds biggest offshore wind project ...

16 days ago - OilPrice com

Past storms are still blowing against Orsted

Strong winds are good for Orsted’s massive offshore renewable energy farms, but past storms are still haunting CEO Mads Nipper. On Thursday, more surprise impairments over a major U.S. project blew aw...

16 days ago - Reuters

Danish wind power giant Ørsted delays major US offshore project

News follows scrapping of two other Atlantic windfarms and axing hundreds of jobs as costs surge across sector Business live – latest updates The Danish company developing the world’s largest offshore...

16 days ago - The Guardian

Wind developer Orsted does not rule out Chinese turbine technology

Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule buying turbines or technology from China in the future.

16 days ago - Reuters

Orsted scraps Swedish FlagshipONE e-methanol project under development

Orsted has ceased the development of its pioneering FlagshipONE e-methanol project under construction in northern Sweden, citing slow market progress and an inability to sign long-term offtake contrac...

16 days ago - S&P Global Platts

Orsted Takes $500 Million Hit Led by Connecticut Wind Delay

Orsted A/S booked an impairment of more than $500 million related to an offshore wind farm in the US and a canceled green hydrogen plant in Sweden.

16 days ago - Financial Post

Orsted Reports Widened Net Loss

Orsted second-quarter net loss unexpectedly widened after it booked hefty impairments on wind and synthetic fuel projects.

16 days ago - The Wall Street Journal

Orsted Books Impairment on US Wind Park, Swedish Hydrogen Plant

Orsted A/S booked an impairment of more than $500 million related to an offshore wind farm in the US and a canceled green hydrogen plant in Sweden.

16 days ago - BNN Bloomberg

Orsted posts Q2 profits above expectations, keeps guidance unchanged

Orsted , the world's biggest offshore wind farm developer, on Thursday reported second-quarter operating profit above expectations and kept its full-year profit forecast unchanged but said it would lo...

16 days ago - Reuters

X files antitrust lawsuit against advertisers over ‘illegal boycott’

Image: The Verge X is suing a group of major advertisers over accusations that they held an “illegal boycott” against the platform formerly known as Twitter. In a lawsuit filed on Tuesday , X claims U...

25 days ago - The Verge

X files antitrust suit against shadowy ad cartel for allegedly coordinating ‘illegal boycott’

In an open letter addressed to advertisers, X CEO Linda Yaccarino said the lawsuit will target the Global Alliance for Responsible Media, its parent firm World Federation of Advertisers (WFA) and GARM...

25 days ago - New York Post

X files antitrust suit against advertising groups over ‘systematic illegal boycott’

X CEO Linda Yaccarino Tuesday announced that the social media platform has filed an antitrust lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (...

25 days ago - TechCrunch

Orsted Invests In Tesla-Powered Battery Storage In UK: Details

Renewable energy group Orsted DNNGY decided to invest in a battery energy storage system to stabilize the U.K. energy supply and reduce price volatility.

2 months ago - Benzinga

Orsted to install Tesla battery for UK offshore wind farm

Renewable energy group Orsted will install a Tesla Megapack battery storage system linked to Britain's Hornsea 3 offshore wind farm, the Danish company said on Wednesday.

2 months ago - Reuters

New York finalizes offshore wind contracts for Equinor, Orsted projects

The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor's Empire Wind 1 and Orsted's and Eversource's Sunrise Wind offshore wind p...

3 months ago - Reuters