National Grid plc (NGG)

NYSE: NGG · IEX Real-Time Price · USD
-0.45 (-0.67%)
Jun 2, 2023, 4:00 PM EDT - Market closed
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]

Sector Utilities
IPO Date Oct 7, 1999
Employees 30,756
Stock Exchange NYSE
Ticker Symbol NGG
Full Company Profile

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 Statements


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 ...

1 day ago - Reuters

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.

2 weeks ago - Reuters


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...

2 weeks ago - PRNewsWire

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...

3 weeks ago - Forbes

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.

1 month ago - New York Post


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 ...

4 months ago - PRNewsWire

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

5 months ago - GlobeNewsWire

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...

6 months ago - PRNewsWire

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.

6 months ago - Reuters


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...

6 months ago - PRNewsWire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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.

8 months ago - PRNewsWire

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.

8 months ago - Market Watch

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...

8 months ago - Reuters

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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 ...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - GuruFocus

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...

10 months ago - PRNewsWire

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...

Other symbols: FSLR
11 months ago - PRNewsWire