National Grid plc (LON: NG)
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]
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 StatementsNews
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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...
![](https://businessmirror.com.ph/wp-content/uploads/2024/07/BusinessMirror-KnowMore-2.jpg)
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...
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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.
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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...
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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...
U.K. will remain dependent on gas-fueled power for years, National Grid says
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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.
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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....
![](https://businessmirror.com.ph/wp-content/uploads/2024/07/BusinessMirror-KnowMore-2.jpg)
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...
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...
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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.
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...
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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...
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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 ...
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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.
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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.
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NGCP completes energy project
The National Grid Corporation of the Philippines (NGCP) announced that it has completed a major transmission project.
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...
![](https://businessmirror.com.ph/wp-content/uploads/2024/04/ngcp02.jpg)
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...
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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...
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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.
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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.
![](https://cdn.benzinga.com/files/images/story/2024/06/12/Image-via-Shutterstock-.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
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...
![](https://cdn.thenationonlineng.net/wp-content/uploads/2021/10/07230230/electricity.jpg)
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...
![](https://businessmirror.com.ph/wp-content/uploads/2024/04/ngcp02.jpg)
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...