National Grid plc (NGG)
| Market Cap | 49.05B |
| Revenue (ttm) | 24.28B |
| Net Income (ttm) | 3.10B |
| Shares Out | 735.60M |
| EPS (ttm) | 4.28 |
| PE Ratio | 14.54 |
| Forward PE | 13.85 |
| Dividend | $3.38 (6.25%) |
| Ex-Dividend Date | Jun 1, 2023 |
| Volume | 656,038 |
| Open | 66.36 |
| Previous Close | 67.13 |
| Day's Range | 66.31 - 66.88 |
| 52-Week Range | 47.22 - 74.48 |
| Beta | 0.29 |
| Analysts | Strong Buy |
| Price Target | n/a |
| Earnings Date | Jun 13, 2023 |
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, and New York 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 provides balancing serv... [Read more]
Financial Performance
In 2022, National Grid's revenue was 18.45 billion, an increase of 23.55% compared to the previous year's 14.93 billion. Earnings were 2.35 billion, an increase of 55.72%.
Financial numbers in GBP Financial StatementsNews
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 ...
National Grid annual profit jumps 15% on U.S. businesses strength
Energy supplier National Grid posted a 15% jump in annual operating profit on Thursday, helped by its U.S. businesses and higher contribution from the National Grid Ventures unit.
NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS
SYRACUSE, N.Y. , May 16, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has decla...
National Grid's Venture Capital Arm Is Blazing A New Path For Utilities
The National Grid has a venture capital arm, which is investing in promising technologies to take the industry forward. It's also part of an industry-wide alliance, whose objective is to highlight tho...
National Grid proposes hefty 17% rate increase for NY customers, blaming climate change policies, inflation
The natural gas and electric utility giant has proposed gas-use increases of 17% for its New York City residential customers and 16% for Long Islanders.
UK NATIONAL GRID SELECTS EXFO FOR INNOVATIVE FIBER HEALTH MONITORING PILOT PROJECT
EXFO delivering industry-first combination of Intellisense Systems weather tracking plus remote fiber testing, monitoring and AI analytics solutions to predict and prevent operational failures QUEBEC ...
Hitachi Energy and Linxon support National Grid in achieving sustainability targets through pioneering 420 kV SF6-free gas-insulated switchgear technology
Strengthening key power infrastructure in London while reducing carbon footprint Strengthening key power infrastructure in London while reducing carbon footprint
National Grid Attends White House Electrification Summit
BROOKLYN, N.Y. , Dec. 15, 2022 /PRNewswire/ -- National Grid's New York President, Rudy Wynter, was among a select group of energy leaders invited to participate in the White House Electrification Sum...
UK's National Grid cancels standby notice for two coal units
Britain's National Grid cancelled standby notices for Drax Group's two coal units on Monday, according to Elexon's website.
NIAGARA MOHAWK POWER CORPORATION DECLARES CORRECTION TO ISSUANCE OF PREFERRED STOCK DIVIDENDS
SYRACUSE, N.Y. , Dec. 6, 2022 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has issue...
Quinbrook Wins More National Grid Pathfinder Contracts
LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a specialist investment manager focused exclusively on the investment needed to deliver the energy transition, announced tod...
High-Voltage Transmission Grid Critical to Meeting Electric Vehicle Charging Demands, First-in-the-Nation Study Finds
BROOKLYN, N.Y. and WALTHAM, Mass.
Former National Grid Director Joins Reactive Technologies as Chief Strategic Growth Officer
LONDON--(BUSINESS WIRE)--Reactive Technologies, a UK and Finland-based grid resilience technology company, today announced that it has strengthened its leadership team, appointing Duncan Burt as Chief...
National Grid Commits $17 Million in Philanthropic Funds to Help Customers and Communities Navigate Increasing Winter Energy Prices
National Grid will support local non-profits and charitable organizations in Massachusetts and New York to assist the most impacted customers and communities WALTHAM, Mass. and BROOKLYN, N.Y.
U.K. could face 3-hour power outages in ‘worst-case' scenario, utility warns
A major U.K. utility has warned customers that they face potential three-hour power cuts this winter, if volatility and uncertainty in global energy markets worsens.
Britain could face forced power cuts this winter National Grid warns
Britain could face planned power cuts to homes and businesses this winter if it is unable to import electricity from Europe and it struggles to attract enough gas imports to fuel its gas-fired power p...
National Grid Renewables Pledges Over $1 Million Charitable Giving to Ohio Communities
Yellowbud Community Fund part of National Grid Renewables' 274 MW Yellowbud Solar Project MINNEAPOLIS , Sept. 29, 2022 /PRNewswire/ -- Today, National Grid Renewables announced its pledge to donate ov...
To help customers address increasing energy supply prices, National Grid launches the Winter Customer Savings Initiative to provide options to manage costs and secure assistance
Company recommends proactive approach in preparation for upcoming heating season WALTHAM, Mass. , Sept. 21, 2022 /PRNewswire/ -- National Grid recognizes that our customers are facing challenging econ...
National Grid Unveils Its Northeast Clean Energy Vision During Climate Week NYC
Company develops first of many clean energy hubs across the Northeast NEW YORK , Sept. 20, 2022 /PRNewswire/ -- National Grid kicked off Climate Week NYC 2022 by introducing a model to develop and del...
Nexamp Provides Non-Wires Alternative Solution for National Grid Substation in New York
BOSTON, Sept. 19, 2022 /PRNewswire/ -- Nexamp, together with National Grid, is addressing increased energy demand at the Coffeen substation in Watertown, New York with the construction of a new solar ...
More than 2,000 National Grid Employees Volunteer Across New York to Celebrate Company's Day of Service
Activities are part of Project C, company's continuing commitment to customers and communities NEW YORK , Sept. 16, 2022 /PRNewswire/ -- Today, National Grid marks the first anniversary of its Project...
Costain Group: Deep Value Despite Decade of UK Infrastructure Growth
Costain Group PLC ( LSE:COST , Financial) is a small-cap industrials sector company providing construction and consulting services to the United Kingdom's energy, water, transportation and defense mar...
National Grid Renewables Celebrates American Clean Power Week with Tours of First Solar Manufacturing Plant and Ohio Solar Project
Customers, partners, and community members gather to learn about solar energy's economic benefits MINNEAPOLIS , Aug. 16, 2022 /PRNewswire/ -- As part of American Clean Power Week 2022, National Grid R...
National Grid's first-of-its-kind renewable energy RFI validates a fossil-free energy strategy for the Northeast
WALTHAM, Mass. and BROOKLYN, N.Y.
National Grid Renewables Hosts Charitable Stuff-the-Bus Event at 200 MW Prairie Wolf Solar Project
MISO-IL project's Education Fund to donate ~$720,000 over next 20 years MINNEAPOLIS , July 15, 2022 /PRNewswire/ -- Alongside community members, project customers and partners, National Grid Renewable...