London Domestic
11/27/2015  6:02:59 PM Chg. +0.50 Volume Bid7:15:00 PM Ask7:15:00 PM Market Capitalization Dividend Y. P/E Ratio
932.60GBX +0.05% 5.71 mill.
Turnover(GBP): 53.34 mill.
920.00Bid Size: 250 950.00Ask Size: 10,394 36.22 bill.GBP - -
11/10 Seeking Alpha National Grid's (NGG) CEO Steve Holliday on Half Year 2015/16 Results - Earnings Call Transcript

National Grid plc (NGG) Half Year 2015/16 Earnings Conference Call November 10, 2015 4:45 AM ET Executives Aarti Singhal Director, Investor Relations Sir Peter Gershon Chairman of the Board Andrew Bonfield Finance Director Steve Holliday Chief Executive Dean Seavers Executive Director, U.S. John Pettigrew Chief Operating Officer, U.K. Analysts Jenny Ping Citi Bobby Chada Morgan Stanley Iain Turner Exane Mark Freshney Credit Suisse Deepa Venkateswaran Sanford Bernstein Edmund Reid Lazarus Dominic Nash Macqua...

11/10 Seeking Alpha National Grid confirms plan to sell stake in gas unit

U.K. power operator National Grid (NGG +1.6% ) confirms that it plans to sell a majority stake in its £8.5B ($12.8B) gas distribution, as it shifts focus to better performing assets such as its U.S. networks. NGG says it expects the sale to complete in late 2016 and increase its annual asset growth rate to 7% from 5%; the British gas distribution business is growing at a rate of ~2%. Barclays analysts estimate the unit's enterprise value at about £10.6B £11.5B, based on a 25% 35% premium to its regulated asset value of £8.5B. NGG also re...

11/9 Seeking Alpha Bloomberg: National Grid to look for buyers for gas distribution unit

National Grid (NGG +0.1% ) plans to seek buyers for its regional gas distribution business , which could fetch as much as £10B ($15B) if disposed as a whole, Bloomberg reports. Depending on the scale of such a disposal, a special dividend or an acquisition are both options for proceeds, Citigroup says. NGG’s four regional gas distribution networks connect customers in the West Midlands, eastern England and the country's northwest as well as parts of London; NGG’s national grid of long distance, high pressure transmission pipelines would not be part...

11/8 Seeking Alpha Are Utility Stocks In A Bubble?

Utility stocks pay some of the safest dividends around and typically sport much higher dividend yields than the market, reflecting their low growth prospects and making them a favorite source of income for retirees living off dividends . Many dividend investors wonder if favorite utility stocks like Duke Energy (DUK), National Grid (NGG), NextEra (NEE), Dominion Resources (D), and Southern (SO) are in a bubble today after benefiting from extremely low interest rates for more than six years. Utilities were clobbered on Friday after strong employment data strengthened the...

11/6 Seeking Alpha Calpine, PG&E and others join court motion supporting Clean Power Plan

Calpine (NYSE:CPN), PG&E (NYSE:PCG), London based National Grid (NYSE:NGG), which has a sizable U.S. presence, and others joined to file a joint court motion today in support of the Obama administration’s Clean Power Plan, which is being challenged by several states. The group of companies argue that the EPA plan will only hasten existing market trends toward natural gas and renewable power reliance in order to significantly reduce carbon dioxide emissions. FuelFix 's Jordan Blum notes the companies may stand to benefit financially from the Clean Power Plan...

10/13 Seeking Alpha U.K. Portfolio Update: Q3 2015