Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €12.07 EUR
Change Today +0.017 / 0.14%
Volume 6.1K
NNGE On Other Exchanges
Symbol
Exchange
OTC US
London
New York
Frankfurt
Frankfurt
As of 9:21 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

national grid plc (NNGE) Snapshot

Open
€12.12
Previous Close
€12.06
Day High
€12.39
Day Low
€12.02
52 Week High
01/28/15 - €12.87
52 Week Low
04/14/14 - €9.65
Market Cap
45.1B
Average Volume 10 Days
8.6K
EPS TTM
--
Shares Outstanding
3.7B
EX-Date
06/4/15
P/E TM
--
Dividend
€41.99
Dividend Yield
4.81%
Current Stock Chart for NATIONAL GRID PLC (NNGE)

national grid plc (NNGE) Related Bloomberg News

View More Bloomberg News

national grid plc (NNGE) Related Businessweek News

View More BusinessWeek News

national grid plc (NNGE) Details

National Grid plc transmits and distributes electricity and gas to residential, commercial, and industrial customers. The company operates high voltage electricity transmission and gas transmission networks in Great Britain; a gas distribution system in the United Kingdom; regulated gas and electricity distribution, and high voltage electricity transmission networks in New York and New England; electricity generation facilities in New York and Massachusetts; and liquefied natural gas (LNG) storage facilities in the United Kingdom. It also owns an electricity interconnector in France and the Netherlands; and a 224 kilometer (km) transmission interconnector between New England and Canada. It operates an electricity transmission system comprising approximately 7,200 kilometers of overhead line, 1,400 kms of underground cable, and 335 substations; gas transmission system that consists of approximately 7,660 kms of high pressure pipe and 23 compressor stations connecting to 8 distribution networks and third party independent systems; and gas distribution system consisting of approximately 131,000 kms of gas distribution pipeline transporting gas to approximately 10.9 million consumers in the United Kingdom. The company also operates an electricity distribution network of approximately 116,250 circuit kms in New England and upstate New York; and a network of approximately 56,630 kms of gas pipeline distributing gas to approximately 3.6 million customers in northeastern United States. In addition, it owns 50 fossil fuel-powered units on Long Island with a generation capacity of 3.8 GW; and 4.6 MW unit of solar generation in Massachusetts. Further, the company is engaged in property management, gas and electricity metering, unregulated transmission pipelines, LNG import terminal, and other LNG operations, as well as offers installation and maintenance services to energy suppliers. The company was founded in 1990 and is headquartered in Warwick, the United Kingdom.

23,909 Employees
Last Reported Date: 05/18/14
Founded in 1990

national grid plc (NNGE) Top Compensated Officers

Group Chief Executive Officer, Group Director...
Total Annual Compensation: 2.2M GBP
Finance Director, Executive Director and Chai...
Total Annual Compensation: 1.5M GBP
Executive Director of US and Executive Direct...
Total Annual Compensation: 1.3M GBP
Compensation as of Fiscal Year 2014.

national grid plc (NNGE) Key Developments

National Grid Intends to Sign an Ownership Agreement with Statnett SF

National Grid announced that it is intending to sign an ownership agreement with Statnett SF for the proposed 'NSN link' electricity interconnector project. The 730 km interconnector between the UK and Norway will be the first electricity link between the two countries, with a planned capacity of 1,400 MW - enough to meet the needs of around 750,000 homes. The estimated cost of the project is around €2 billion, with the investment to be shared between National Grid and Statnett. Contracts to build the NSN Link are expected to be awarded during the summer, with the construction phase to begin in 2015. National Grid expects the link to be operational early in the next decade. National Grid has made participation in interconnector projects a strategic priority for the Group. In addition to having the potential to provide attractive growth, returns and long-term earnings benefits, interconnectors have the capability to add significant additional flexibility in managing the GB energy market. A recent study, supported by National Grid, highlighted that 4-5GW of additional new interconnector capacity should materially reduce the wholesale price of electricity in the UK, providing an annual benefit of around £1 billion and helping to reduce consumer bills. Together with the new Nemo Link interconnector to Belgium, announced in February, the NSN link should add 2.4GW of capacity when completed.

National Grid Signs Joint Venture Agreement with Elia System Operator to Build Nemo Link, an Interconnector

National Grid plc has signed a joint venture (JV) agreement with Elia System Operator SA to build Nemo Link, an interconnector. The interconnector will provide 1,000 megawatt (MW) of capacity. The link will run 140 kilometers between Richborough, UK on the Kent coast and Herdersbrug, near Zeebrugge, Belgium with a combination of undersea and underground cables.

National Grid plc Announces Appointment of Paul Golby as Chairman of the Safety, Environment and Health Committee and Member of Audit Committee

National Grid plc announced that Paul Golby has been appointed as chairman of the safety, environment and health committee as well as a member of the audit committee. Paul remains a member of the nominations and remuneration committees, effect from 25 February 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NNGE:GR €12.07 EUR +0.017

NNGE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BG Group PLC 829.00 GBp -23.00
BT Group PLC 438.00 GBp -10.25
Centrica PLC 253.00 GBp -4.00
Red Electrica Corp SA €75.74 EUR -0.60
SSE PLC 1,498 GBp -34.00
View Industry Companies
 

Industry Analysis

NNGE

Industry Average

Valuation NNGE Industry Range
Price/Earnings 14.1x
Price/Sales 2.1x
Price/Book 2.5x
Price/Cash Flow 8.5x
TEV/Sales 2.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NATIONAL GRID PLC, please visit www.nationalgrid.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.