National Grid plc (LON: NG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
948.67
+14.07 (1.51%)
Jul 22, 2024, 10:45 AM GMT
-1.18%
Market Cap 45.66B
Revenue (ttm) 19.85B
Net Income (ttm) 2.29B
Shares Out 4.89B
EPS (ttm) 0.62
PE Ratio 15.65
Forward PE 13.39
Dividend 0.59 (6.26%)
Ex-Dividend Date Jun 6, 2024
Volume 1,273,907
Open 948.40
Previous Close 934.60
Day's Range n/a
52-Week Range 645.00 - 1,145.50
Beta 0.24
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About National Grid

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment p... [Read more]

Sector Utilities
Founded 1990
Employees 31,425
Stock Exchange London Stock Exchange
Ticker Symbol NG
Full Company Profile

Financial Performance

In 2023, National Grid's revenue was 19.85 billion, a decrease of -8.35% compared to the previous year's 21.66 billion. Earnings were 2.29 billion, a decrease of -70.63%.

Financial Statements

News

Apple 'To Deliver An EPS Beat' Says Goldman Sachs: AI, Innovations, Strategic Investments Drive Q3 Optimism

Apple Inc. (NASDAQ: AAPL) is poised to surpass earnings expectations in the third quarter, driven by strong performance across its iPad, Mac and Services segments. Goldman Sachs analyst Michael Ng pr...

3 days ago - Benzinga

Return of PhilHealth funds to NG concerns senator

WHILE she respected the adherence of Finance officials to the mandate of the budget law on the return to the Treasury of excess funds from national government (NG) subsidies, Senator Pia Cayetano said...

4 days ago - BusinessMirror

Rio Tinto appoints National Grid's Katie Jackson to lead copper business

Rio Tinto (RIO) appoints Katie Jackson as the new Copper chief executive. She will join on Sept. 1 and be based in London. Read more here.

5 days ago - Seeking Alpha

NGCP, Ingrid Power get nod to implement ancillary services deal

The Energy Regulatory Commission (ERC) has granted interim relief to the National Grid Corporation of the Philippines (NGCP) and Ingrid Power Holdings Inc. (IPHI) to implement their modified ancillary...

5 days ago - BusinessMirror

NG plan to use idle GOCC funds for projects backed

House Appropriations Committee Chairman Rep. Elizaldy S. Co (Ako Bicol Party-list) announced last Tuesday he has endorsed a move by the Department of Finance (DOF) to tap billions of pesos in unused f...

5 days ago - BusinessMirror

NovaGold: Interesting Prospects And A Dip On The Way

NovaGold share price is not expensive because growth prospects will sooner or later get a boost with the Fed's pivot. Learn why I rate NG stock a hold.

6 days ago - Seeking Alpha

Sceptics say EVs will overwhelm the grid. In fact, they could be part of the solution

Electric vehicles are ‘batteries on wheels’ that can put energy back into the National Grid when solar panels and windfarms do not provide much power Electric cars make some people afraid of the dark....

7 days ago - The Guardian

DOF: PhilHealth excess fund came from NG subsidies

THE P89.9 billion in excess funds of the Philippine Health Insurance Corporation (PhilHealth) being channelled to unprogrammed funds did not come from member contributions but government subsidies, an...

7 days ago - BusinessMirror

NGCP optimistic about ERC decision on rate reset–exec

The National Grid Corporation of the Philippines (NGCP) appealed to regulators to allow the company to recover its expenses for big-ticket projects following the energization at full capacity of the P...

7 days ago - BusinessMirror

New challenge to NG: Keep fiscal consolidation going

AS the Philippines’s debt trajectory declines, the national government is faced with the challenge of sustaining its medium-term fiscal consolidation plan, according to GlobalSource Partners.

10 days ago - BusinessMirror

National Grid Back Functioning After Partial Collapse

After a partial breakdown, the national grid was restored on Saturday at around 9:57 p.m., according to the Transmission Company of Nigeria (TCN). In a statement released on Sunday in Abuja, TCN’s Gen...

14 days ago - BizWatch Nigeria

5-mo NG subsidies to GFIs, GOCCS increase 51.56%

SUBSIDIES extended by the national government to state-run firms and financial institutions posted a 51.56 percent increase in the first five months of the year, according to the Bureau of the Treasur...

14 days ago - BusinessMirror

Blackout in southeast as national grid collapses again

The national grid collapsed again on Saturday throwing the southeast and the country into blackout. Head of Corporate Communications for Enugu Electricity Communications Communication(EEDC) confirmed ...

15 days ago - The National Nigeria

NGCP: Transmission lines ready for additional capacity

The National Grid Corp. of the Philippines (NGCP) said on Thursday it is ready to accept additional generation capacity to meet the rising energy demands.

24 days ago - BusinessMirror

National Grid shares: the good, the bad and the ugly

We carried out some data-driven analysis on National Grid shares using artificial intelligence and trend following indicators.

24 days ago - The Armchair Trader

NGCP completes energy project

The National Grid Corporation of the Philippines (NGCP) announced that it has completed a major transmission project.

26 days ago - BusinessMirror

Innovation, spatial plan key to UK decarbonized grid: National Grid Partners

Completing UK planning reforms and a spatial network plan alongside investment in new technologies is urgently needed to achieve a decarbonized grid in the 2030s, Steve Smith, president of National Gr...

26 days ago - S&P Global Platts

GENERATING CHANGE | How NGCP is improving lives in its host communities across PHL

While tasked with the mission to provide one of life’s most basic needs, the National Grid Corporation of the Philippines (NGCP) is doing one more remarkable thing: changing lives in its host communit...

27 days ago - BusinessMirror

Take an area of outstanding beauty, cover it in pylons and concrete: how can we allow that? | Fiona Gilmore

National Grid’s plan for the Suffolk coast is mirrored across the UK. We need an energy policy that protects our heritage Energy, and its future costs and security, is one of the main issues facing th...

4 weeks ago - The Guardian

National Grid raised at Goldman with questions eased around funding, leverage

Goldman Sachs upgrades National Grid (NGG) to Buy, citing potential upside from growing power demand and undervalued assets.

5 weeks ago - Seeking Alpha

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

5 weeks ago - Benzinga

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up...

5 weeks ago - Benzinga

Why the national grid continues to collapse

The continued collapse of the national grid is a result of a weak and antiquated transmission network and insufficient evacuation of power from power generation plants. Extensive study of Nigeria’s Th...

5 weeks ago - The National Nigeria

NGCP completes transmission projects

The National Grid Corporation of the Philippines (NGCP) said Tuesday it has completed three vital transmission projects that allowed the entry of over 12,000 megawatts (MW) of additional capacity in t...

5 weeks ago - BusinessMirror