National Grid plc (LON: NG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
1,013.00
-16.00 (-1.55%)
Oct 3, 2024, 5:06 PM BST
16.04%
Market Cap 49.49B
Revenue (ttm) 19.85B
Net Income (ttm) 2.29B
Shares Out 4.89B
EPS (ttm) 0.62
PE Ratio 16.97
Forward PE 14.32
Dividend 0.59 (5.69%)
Ex-Dividend Date Jun 6, 2024
Volume 7,646,840
Open 1,020.00
Previous Close 1,029.00
Day's Range 1,010.00 - 1,027.50
52-Week Range 645.00 - 1,145.50
Beta n/a
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

National Grid gets £70m uplift from delayed electricity operator sale

The FTSE 100 company sold the Electricity System Operator, which manages the UK’s electricity supply, to the Government for £630 million last month.

13 hours ago - Evening Standard

The man in charge of Labour’s green energy dream: ‘It’s at the limit of what’s achievable’

Fintan Slye, head of the new grid operator Neso, is aware that critics are sceptical about achieving ‘clean power by 2030’. But with tough decisions, he says, it can be done The dense latticework of G...

2 days ago - The Guardian

NG’s 7-month infrastructure expenditures up 19.2% to P736.7B on increased spending performance of DPWH

THE national government ramped up its infrastructure expenditures, spending P736.7 billion as of the end of July 2024, according to the Department of Budget and Management (DBM).

6 days ago - BusinessMirror

Disney Stock Could Benefit From Box Office Strength, Streaming: Analyst Says DTC Set 'For Continued Revenue And Profit Growth'

A Walt Disney Company (NYSE: DIS) analyst says the company's momentum in box office blockbusters and streaming growth can help offset Experiences and linear weakness when the company reports fourth-q...

8 days ago - Benzinga

NGCP seeks govt approval for Batangas-Mindoro link

The National Grid Corporation of the Philippines (NGCP) is asking the Energy Regulatory Commission (ERC) to approve the implementation of the P90.7-billion Batangas-Mindoro 500 kilovolt (kV) interconn...

8 days ago - BusinessMirror

‘Davos on the Mersey’: key conference takeaways as Labour tries to woo business

As the budget looms, where the party stands on investment in the UK economy, workers’ rights and more For a second year running, corporate Britain descended on Liverpool for Labour’s annual conference...

8 days ago - The Guardian

NG bags P30 billion on strong demand for debt papers

THE Bureau of the Treasury (BTr) borrowed P30 billion through the sale of Treasury bonds (T-bonds) amid strong demand in the domestic debt market.

16 days ago - BusinessMirror

Fourth Annual National Grid Project C Week of Service Celebrates Company's Commitment to Its Communities

Thousands of employees lend time and talent to local causes BROOKLYN, N.Y. , Sept. 16, 2024 /PRNewswire/ -- More than 1,500 National Grid employees will step away from their desks to volunteer with co...

17 days ago - PRNewsWire

UK Government Acquires National Grid's Electricity System Operator

National Grid has struck a deal to sell its Electricity System Operator (ESO) to the government for 630m, paving the way for the division to transition into public ownership. The FTSE 100 utility said...

19 days ago - OilPrice com

U.K.'s National Grid to sell Electricity System Operator in £630M deal

National Grid sells Electricity System Operator to UK government for £630M as part of clean energy goals.

20 days ago - Seeking Alpha

UK government to buy electricity system operator from National Grid for £630m

New operator, Neso, will also oversee Great Britain’s gas system as part of ‘clean energy superpower’ mission The UK government has agreed to take control of the National Grid unit tasked with keeping...

20 days ago - The Guardian

National Grid to Sell Electricity System Operator to UK for £630 Million

National Grid Plc agreed to sell its Electricity System Operator to the UK for an enterprise value of £630 million ($828 million), according to a statement from the government.

20 days ago - BNN Bloomberg

UK Government to buy ESO from National Grid in £630m deal

The ESO – the operation which oversees balancing supply and demand in the UK’s electricity grid – to be taken into public hands as a result.

20 days ago - Evening Standard

UK's National Grid to sell electricity system operator in $827mln deal

The NESO will be a publicly-owned, independent body, with new roles across electricity and gas to oversee the national energy network

20 days ago - Zawya

Three Quick Facts: Balfour Beatty, National Grid, Vodafone

Balfour Beatty, National Grid, Vodafone are Tony Cross's three picks from today's financial market news

20 days ago - The Armchair Trader

National Grid to sell electricity system operator in $827 mln deal

Britain's National Grid said on Friday that it has agreed to sell its electricity system operator to the UK government for 630 million pounds ($827.95 million) including debt.

20 days ago - Reuters

Higher transmission charge benefited gencos—NGCP

The National Grid Corporation of the Philippines (NGCP) on Thursday said it does not earn from the upward adjustment in transmission charge this month as the ancillary services (AS), which is a compon...

21 days ago - BusinessMirror

Government rules out underground cabling in National Grid upgrade

Rollout of pylons across countryside is cheaper and quicker way to integrate renewable electricity, says energy tsar The government has ruled out burying electricity cables underground as part of its ...

21 days ago - The Guardian

NG raises P30 billion via sale of re-issued Treasuries

The government raised P30 billion on Tuesday’s auction of Treasury bonds (T-bonds), according to the Bureau of the Treasury (BTr).

23 days ago - BusinessMirror

Alpaca farmer fears for closure amid pylons plans

The National Grid is proposing to build 37 miles (60km) of overhead lines through the Amber Valley.

25 days ago - BBC

NG raises P30B via T-bonds auction

THE national government raised a total of P30 billion from the auction of Treasury Bonds (T-bonds) last Tuesday, according to the Bureau of the Treasury (BTr).

4 weeks ago - BusinessMirror

Cardiff's Ng moves closer to Singapore dream

Cardiff City defender Perry Ng has moved a step closer to playing for Singapore after training with their national squad this week.

4 weeks ago - BBC

NGCP penalized for project delays

The Energy Regulatory Commission (ERC) imposed a P3.5-million penalty against the National Grid Corporation of the Philippines (NGCP) for “unjustified delays” in implementing 10 transmission projects.

4 weeks ago - BusinessMirror

Disbursement of NG’s cash allocations quickens

THE national government’s disbursement of cash allocation and the utilization of budgets by state agencies accelerated as of end-July, according to the Department of Budget and Management (DBM).

5 weeks ago - BusinessMirror