National Grid plc (NGG)

NYSE: NGG · IEX Real-Time Price · USD
66.31
-0.45 (-0.67%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-0.67%
Market Cap 49.33B
Revenue (ttm) 26.10B
Net Income (ttm) 9.39B
Shares Out 743.95M
EPS (ttm) 13.24
PE Ratio 15.61
Forward PE 14.51
Dividend $3.54 (5.33%)
Ex-Dividend Date Nov 22, 2023
Volume 285,541
Open 66.80
Previous Close 66.76
Day's Range 66.30 - 66.95
52-Week Range 56.41 - 74.48
Beta 0.29
Analysts Buy
Price Target n/a
Earnings Date May 16, 2024

About NGG

National Grid plc transmits and distributes electricity and gas. The company 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 ... [Read more]

Sector Utilities
IPO Date Oct 7, 1999
Employees 29,450
Stock Exchange NYSE
Ticker Symbol NGG
Full Company Profile

Financial Performance

In 2022, National Grid's revenue was 21.66 billion, an increase of 17.40% compared to the previous year's 18.45 billion. Earnings were 7.80 billion, an increase of 231.36%.

Financial numbers in GBP Financial Statements

News

National Grid Opens Applications for DEI Engineering Scholarship and Internship Program

The program reflects the company's commitment to workforce development and employment pathways for underrepresented talent WALTHAM, Mass. and BROOKLYN, N.Y.

3 days ago - PRNewsWire

Britain's National Grid to invest $4 bln in New York infrastructure

The U.S. unit of Britain's National Grid said on Wednesday it would invest more than $4 billion to improve New York's infrastructure to meet growing demand for more reliable and cleaner energy.

5 weeks ago - Reuters

National Grid Announces the Upstate Upgrade; Multi-year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies

Portfolio of 70+ transmission upgrade projects across Upstate NY will generate thousands of jobs and more than a billion dollars in regional economic growth over next 6 years, while delivering a smart...

5 weeks ago - PRNewsWire

National Grid, Constellation Energy agree on LNG supply deal for Mass. facility

Britain's National Grid on Friday said it reached an agreement with gas-supplier Constellation Energy that would allow it to keep operating its Everett gas-import terminal for six years.

Other symbols: CEG
2 months ago - Reuters

NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

SYRACUSE, N.Y. , Nov. 20, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has decl...

5 months ago - PRNewsWire

National Grid Submits Comprehensive Performance Investment Plan as Part of Rate Review to Build a Smarter, Stronger, Cleaner, and More Equitable Energy Future

Plan includes innovative programs and foundational investments to increase energy equity, advance electrification, enhance safety and reliability, and hold the company accountable for delivering for c...

5 months ago - PRNewsWire

National Grid share price is stuck in a range: wait before you buy

National Grid (LON: NG) share price reacted mildly to the company's financial results. The stock was trading at 976p on Thursday, where it has been in the past few days.

6 months ago - Invezz

UK's National Grid to speed up connection of 20 GW of clean energy projects

National Grid said on Monday it was speeding up the connection of up to 20 gigawatts (GW) of clean energy projects to its electricity transmission and distribution networks in England and Wales.

6 months ago - Reuters

Biden-Harris Administration selects National Grid's Twin States Clean Energy Link as part of $1.3 billion commitment to build out nation's transmission infrastructure

WALTHAM, Mass. , Oct. 30, 2023 /PRNewswire/ -- The U.S. Department of Energy (DOE) today announced Twin States Clean Energy Link, National Grid's proposed transmission project to support New England's...

6 months ago - PRNewsWire

National Grid Awarded $50 Million Federal Infrastructure Grant to Integrate More Clean Energy on the Grid

Funds will be used towards $140 Million project cost to implement innovative new technology to provide better grid control, allowing for greater distributed energy resource flexibility  WALTHAM, Mass....

6 months ago - PRNewsWire

Readying the Northeastern U.S. for Electric Trucks: National Grid to Build DOE Funded Roadmap

New study to inform planning and investment for truck charging infrastructure across thousands of miles of highways in the Northeast. WALTHAM, Mass.

6 months ago - PRNewsWire

National Grid Hosts Student "Takeover" Ahead of International Day of the Girl

Company partners with girls' rights organization Plan International USA to invite high school junior as National Grid's NY President for a day BROOKLYN, N.Y. , Oct. 4, 2023 /PRNewswire/ -- Ahead of In...

7 months ago - PRNewsWire

National Grid and Hitachi Energy Transportation Decarbonization Study Highlights Path to Readying the Grid for Electric Fleets

Study provides a playbook to address potential capacity challenges ahead of widespread adoption of electric medium- and heavy-duty vehicles WALTHAM, Mass. , Sept. 12, 2023 /PRNewswire/ -- A new study ...

8 months ago - PRNewsWire

National Grid Project C Commitment Kicks Off Third Year with More than 2,000 Employee Volunteers Giving Back to Communities across New York

Week of Service initiatives support company's ongoing commitment to customers and communities  NEW YORK , Sept. 8, 2023 /PRNewswire/ -- National Grid's Project C community commitment initiative kicks ...

8 months ago - PRNewsWire

National Grid Submits "Future Grid" Plan to Empower Massachusetts' Smarter, Stronger, Cleaner and More Equitable Energy Future

Electric Sector Modernization Plan Outlines Key Investments Over Coming Years Critical to Building a More Reliable and Cleaner Energy Transition for All WALTHAM, Mass. , Sept. 1, 2023 /PRNewswire/ -- ...

8 months ago - PRNewsWire

National Grid Announces Lisa Wieland to Lead New England Business

Wieland comes with track record of operational and infrastructure success at Massport  WALTHAM, Mass. , Aug. 3, 2023 /PRNewswire/ -- National Grid today announced that Lisa Wieland will join National ...

9 months ago - PRNewsWire

Why National Grid's Electric Pivot Makes Sense

National Grid PLC ( LSE:NG. , Financial) ( NGG , Financial) recently held an investor event that provided key insights into the company's important Electricity Distribution segment and its plans for t...

10 months ago - GuruFocus

National Grid's Solar Grazing Pilot Highlighted on CBS Saturday Morning

Leading the flock on clean energy: Grazing sheep bring sustainable landscaping to MA solar arrays WALTHAM, Mass. , July 11, 2023 /PRNewswire/ -- As part of its commitment to deliver clean energy solut...

10 months ago - PRNewsWire

UK's National Grid and SSEN in JV for 2 GW electricity transmission project

Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cabl...

10 months ago - Reuters

British coal plants to be unavailable for back up power this winter - National Grid

Two British coal plant operators, whose plants were available last winter, have confirmed they will be unable to provide back-up power for winter 2023/24, National Grid said on Wednesday.

10 months ago - Reuters

Britain's National Grid hires former Shell M&A boss

Britain's National Grid said on Monday it had hired Shell's former head of merger and acquisitions Katie Jackson to run its low-carbon and renewables ventures business.

10 months ago - Reuters

Britain's National Grid expects to meet electricity demand this winter

Britain's National Grid said on Thursday it expects to have sufficient available capacity to meet demand for electricity this winter.

11 months ago - Reuters

AptEdge Closes Seed Round of $11M, led by Stage 2 Capital, Unusual Ventures, and National Grid Partners to Transform Customer Support-Help Challenges

REDWOOD CITY, Calif.--(BUSINESS WIRE)--AptEdge, a generative AI startup building an answer engine for customer service, raised an oversubscribed $11M seed+ round led by Stage 2 Capital with other inve...

11 months ago - Business Wire

National Grid Appoints U.S. Head of Corporate Affairs

Jim McGaugh, previously with GE and Citi, to help expand company's presence and position as a leader in the clean energy transition WALTHAM, Mass. and BROOKLYN, N.Y.

11 months ago - PRNewsWire

Tardy energy projects face losing grid connection spot, National Grid warns

Energy generation projects not meeting development milestones could lose out on a grid connection, helping to speed up overall grid development, Britain's power transmissions system Operator National ...

11 months ago - Reuters