RWE Aktiengesellschaft (RWNFF)

OTCMKTS · Delayed Price · Currency is USD
32.83
-0.54 (-1.61%)
At close: Nov 19, 2024
-14.88%
Market Cap 24.23B
Revenue (ttm) 26.32B
Net Income (ttm) 3.14B
Shares Out n/a
EPS (ttm) 4.22
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 525
Open 32.83
Previous Close 33.37
Day's Range 32.83 - 32.83
52-Week Range 32.71 - 45.50
Beta 0.71
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear. The company generates wind, hydro, solar, nuclear, gas, and biomass electricity. It also trades in electricity, gas, and energy commodities; operates gas storage facilities; and engages in battery storage activities. The company serves commerc... [Read more]

Sector Utilities
Founded 1898
Employees 20,135
Stock Exchange OTCMKTS
Ticker Symbol RWNFF
Full Company Profile

Financial Performance

In 2023, RWE Aktiengesellschaft's revenue was 28.57 billion, a decrease of -25.64% compared to the previous year's 38.42 billion. Earnings were 1.45 billion, a decrease of -46.63%.

Financial numbers in EUR Financial Statements

News

Activist investor Elliott takes stake in Germany's RWE - Bloomberg

Elliott Investment Management pushes for share repurchase at German utility RWE AG, accumulating sizable stake in recent months.

15 days ago - Seeking Alpha

Elliott Is Said to Take Stake in RWE, Call for Share Buyback

Activist investor Elliott Investment Management has built up a sizable stake in RWE AG and is calling on the German utility’s management to consider a share buyback, according to people familiar with ...

15 days ago - BNN Bloomberg

RWE: 7% Decline Makes The Upside Sweeter

26 days ago - Seeking Alpha

Hedge Fund Selwood Urges RWE to Give Clarity on Share Buyback

Germany’s RWE AG management should provide clarity on whether a share buyback program will be extended at scale or rule it out to end speculation, as the energy company’s stock continues to lag behind...

5 weeks ago - Financial Post

Hedge Fund Selwood Urges RWE to Give Clarity on Buyback

Germany’s RWE AG management should provide clarity on whether a share buyback program will be extended at scale or rule it out to end speculation, as the energy company’s stock continues to lag behind...

5 weeks ago - BNN Bloomberg

TotalEnergies Acquires 50% Stake In Two Offshore Wind Projects In North Sea: Details

TotalEnergies SE (NYSE: TTE) shares are trading higher on Monday. The company agreed to acquire a 50% stake in two offshore wind projects in the North Sea from RWE AG (OTC: RWEOY), specifically N-9....

6 weeks ago - Benzinga

RWE Chief Sparks Hopes for Share Buyback, Jefferies Says

Germany’s RWE AG management hinted the energy company could consider share buybacks to appease investors after a lackluster share price performance, according to a sales trading note from Jefferies Fi...

7 weeks ago - BNN Bloomberg

Germany’s RWE Emerges as Buyer of Glenfarne’s Texas LNG Project

German utility RWE AG has been identified as the buyer of US liquefied natural gas that will come from an LNG facility being planned for south Texas, according to people familiar with the matter.

2 months ago - BNN Bloomberg

Equinor nixes plans for European hydrogen pipeline with RWE

Equinor and RWE cancel plans for hydrogen pipeline from Norway to Germany, citing lack of customers, supply, and regulatory framework.

2 months ago - Seeking Alpha

Equinor, RWE Won’t Move Forward With Hydrogen Pipeline to Europe

Equinor ASA said that it won’t be moving ahead with plans to build a pipeline to carry hydrogen from Norway to Germany with partner RWE AG.

2 months ago - BNN Bloomberg

German energy firms gridlocked after state U-turn on buy-in plans

The state has abandoned plans to buy part of TenneT, which operates Germany's biggest power grid network. The U-turn has spooked energy firms EnBW and RWE.

3 months ago - Euronews

RWE AG reports 1H results

3 months ago - Seeking Alpha

RWE fails to dispel Calpine M&A speculation, shares extend losses

RWE shares extended losses on Wednesday after the group's management failed to dispel investor concerns about a report that the company could buy into a U.S. operator of gas-fired power plants.

3 months ago - Reuters

RWE tops H1 forecasts, maintains full-year profit outlook

RWE reports earnings beat, despite overall decline in H1 due to lower power prices. Explores acquiring stake in U.S.

3 months ago - Seeking Alpha

RWE bullish on U.S. market regardless of election outcome

RWE remains bullish on the U.S. market, saying the outcome of upcoming presidential elections would not affect the market's expansion of clean technologies.

3 months ago - Reuters

RWE's Wind, Solar Units Power Earnings Past Forecasts

RWE’s first-half earnings fell overall as a record period for its wind and solar businesses failed to offset declines in other segments.

3 months ago - The Wall Street Journal

RWE’s First-Half Earnings Drop After Decline in Power Prices

RWE AG’s earnings fell by nearly a third in the first half of 2024 compared to a year ago after a decline in power prices weighed on results.

3 months ago - BNN Bloomberg

RWE: Outperformed (And I Sold), And Now A 'Buy' Again

Analysts have a favorable outlook on RWE, with a high target of €59/share and an average of €52/share. RWE is a solid long-term investment with potential upside, despite recent volatility in share pri...

4 months ago - Seeking Alpha

RWE Aktiengesellschaft (RWEOY) Q1 2024 Earnings Call Transcript

RWE Aktiengesellschaft (OTCPK:RWEOY) Q1 2024 Results Conference Call May 15, 2024 7:00 AM ET Company Participants Thomas Denny - Head of IR Michael Muller - CFO Conference Call Participants Robert Pul...

6 months ago - Seeking Alpha

RWE: Business Plan Unveils Growth Opportunities

RWE is a German energy company with a total installed capacity of 44.4 GW, engaged in electricity generation through both conventional and renewable sources. RWE added 4.2GW of installed wind and phot...

7 months ago - Seeking Alpha

RWE Aktiengesellschaft (RWEOY) Q4 2023 Earnings Call Transcript

RWE Aktiengesellschaft (OTCPK:RWEOY) Q4 2023 Results Conference Call March 14, 2024 8:00 AM ET

9 months ago - Seeking Alpha

RWE expects profit drop on weaker trading unit, lower wholesale prices

RWE , Germany's largest electricity producer, expects core profit to drop by up to a third in 2024, blaming falling wholesale power prices and what it expects will be a major decline in earnings at it...

9 months ago - Reuters

RWE AG: Green Growth Ahead

RWE AG's stock has underperformed the market despite strong 2023 profits, but it still offers an attractive long-term investment profile. The company aims to increase its generation capacity to over 6...

10 months ago - Seeking Alpha