Siemens Energy AG (SMNEY)
Market Cap | 29.15B |
Revenue (ttm) | 35.62B |
Net Income (ttm) | 618.24M |
Shares Out | n/a |
EPS (ttm) | 0.71 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 6,521 |
Open | 37.47 |
Previous Close | 37.36 |
Day's Range | 37.08 - 37.47 |
52-Week Range | 7.21 - 38.00 |
Beta | 2.01 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 13, 2024 |
About Siemens Energy AG
Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission ... [Read more]
Financial Performance
In 2023, Siemens Energy AG's revenue was 31.12 billion, an increase of 7.29% compared to the previous year's 29.01 billion. Losses were -4.53 billion, 870.4% more than in 2022.
Financial numbers in EUR Financial StatementsNews
UAE: Ministry of Energy and Infrastructure, Siemens Energy to drive green energy
The two sides will collaborate on mitigating future challenges related to grid infrastructure, enhancing sustainable development and climate action, and exploring potential tech opportunities for robu...
Turkiye nuclear plant delayed by withheld parts from Germany, China to supply
The opening of Turkiye’s first nuclear plant has been delayed after Germany’s Siemens Energy ENR1n.DE withheld key parts, prompting Russia’s Rosatom, the builder and owner, to buy them in China, the T...
Chinese Parts Sought for Turkey Nuclear Plant After German Delay
Russia’s state-owned Rosatom Corp. has placed an alternative equipment order from China for Turkey’s first nuclear power plant, as shipping delays from Germany’s Siemens Energy AG threaten to derail t...
Siemens Energy resumes sales of its troubled 4.X onshore wind turbine
Siemens Energy said it has resumed sales of its 4.X wind turbine, which has been at the heart of its biggest corporate crisis, in a sign that the German energy group is fully returning to the onshore ...
Siemens Energy: Awaiting Q4 Results Keenly
Mitsubishi Electric, Siemens Energy teams up for deployment of DC Circuit Breaker technology
Green Hydrogen Market worth $30.6 billion by 2030, at a CAGR of 61.1% says MarketsandMarkets™
Chicago, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Global Green Hydrogen Market is projected to grow from USD 1.1 Billion in 2023 to USD 30.6 Billion by 2030, at a CAGR of 61.1% during the forecasted period, ...
8 Rivers and Siemens Energy Partner on Development Program of Carbon Capture Power Generation
DURHAM, N.C., Aug. 13, 2024 (GLOBE NEWSWIRE) -- 8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer has embarked on the development of a zero-emissions turbine that...
Siemens Energy AG (SMEGF) Q3 2024 Earnings Call Transcript
Siemens Energy AG (OTCPK:SMEGF) Q3 2024 Earnings Conference Call August 7, 2024 4:00 AM ET Company Participants Michael Hagmann - Head of IR Christian Bruch - President & CEO Maria Ferraro - CFO Confe...
Siemens Energy ups free cash flow outlook as turnaround gains speed
Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing stronger demand for its power grid technology and gas turbines as the group recovers from a ma...
EWE, Siemens Energy to build 280 MW green hydrogen electrolysis plant
Turbine and engine maker Siemens Energy will build a 280-megawatt (MW) green hydrogen electrolysis system for Northern German utility EWE (LANDWE.UL) which is expected to begin operating in 2027, the ...
Siemens Energy to hire 10,000 new staff in $1.3 billion push to boost grid unit
A turbine of the Nord Stream 1 pipeline is pictured at the plant of Siemens Energy next to the company's logo in Muelheim an der Ruhr, western Germany, on August 03, 2022. Siemens Energy is planning t...
Siemens Energy plans 10,000 hires for electricity grid unit, FT says
Siemens Energy plans to recruit more than 10,000 new employees for its electricity grid business, set to be the energy engineering group's largest revenue driver by 2030, the Financial Times reported ...
Exclusive: Siemens CFO: will likely transfer remaining Siemens Energy stake to pension fund
Siemens AG will likely transfer its direct 17.1% stake in former division Siemens Energy to the group's pension fund, the group's finance chief said, adding this would be the cheaper and more consider...
There Can Be No Energy Transition Without China, Says Siemens Energy CEO
The renewable energy sector's supply chain dependency on China is so huge that it makes breaking away from it next to impossible and puts the transition in jeopardy, according to the boss of gas and p...
Siemens Energy AG (SMEGF) Q2 2024 Earnings Call Transcript
Siemens Energy AG (OTCPK:SMEGF) Q2 2024 Earnings Conference Call May 8, 2024 4:00 AM ET Company Participants Christian Bruch - President and Chief Executive Officer Maria Ferraro - Chief Financial Off...
Siemens Energy to be active in onshore and offshore: CEO
Siemens Energy CEO Christian Bruch discusses the German renewables firm's latest quarterly earnings and provides an update on the outlook.
Siemens Energy Lifts Guidance, Targets Gamesea Revamp
The company forecast revenue growth of 10%-12% and a free cash-flow of around €1 billion, and said it had initiated a restructuring of its wind business, replacing the unit's CEO in the process.
Siemens Energy changes leadership at embattled wind turbine unit
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."
Siemens pension funds cuts Siemens Energy stake to below 10%, filing shows
Siemens AG's pension fund has cut its stake in Siemens Energy by nearly 3%, a filing showed on Tuesday.
Europe's main energy stocks index hits highest since 2008
The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.
Siemens's Snabe open to extend his stay as chairman
Siemens Chairman Jim Hagemann Snabe is open to extend his stint at the German engineering and technology company, he told Reuters on Tuesday.
Siemens extends contract of CEO Busch for 5 years
Siemens has extended the contract of Chief Executive Roland Busch for another five years, the German engineering and technology group said on Tuesday.
Siemens Energy: no decision yet on when to sell turbines
Siemens Energy has not yet decided on when to sell the revised version of its 4.X and 5.X wind turbines, but it is working hard to do this as soon as possible, a spokesperson for the company told Reut...
Iraq signs agreement with Siemens Energy to convert flare gas into fuel for electricity
Iraq has signed an agreement with Siemens Energy to convert gas which would have been burned as part of the oil production process into fuel for electricity, the state news agency said on Wednesday.