National Grid (NG.)

Sector:

Utilities

Index:

FTSE 100

964.00p
   
  • Change Today:
    -18.60p
  • 52 Week High: 1,056.00
  • 52 Week Low: 838.40
  • Currency: UK Pounds
  • Shares Issued: 4,886.05m
  • Volume: 9,722,478
  • Market Cap: £47,102m
  • Beta: 0.76

National Grid agrees £630m sale of Electricity System Operator with govt

By Josh White

Date: Friday 13 Sep 2024

LONDON (ShareCast) - (Sharecast News) - National Grid announced on Friday that it has reached agreement with the UK government to sell the Electricity System Operator (ESO) for an enterprise value of £630m.
The FTSE 100 company said the final cash consideration remained subject to typical closing adjustments, including those related to timing.

It said the sale was a significant step towards the establishment of the National Energy System Operator (NESO), an independent body that would oversee the UK's energy system.

Both National Grid and the government anticipated completing the transaction by 1 October, with regulatory oversight from Ofgem.

At 0837 BST, shares in National Grid were down 0.14% at 1,036p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

National Grid Market Data

Currency UK Pounds
Share Price 964.00p
Change Today -18.60p
% Change -1.89 %
52 Week High 1,056.00
52 Week Low 838.40
Volume 9,722,478
Shares Issued 4,886.05m
Market Cap £47,102m
Beta 0.76

National Grid Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.84% below the market average44.84% below the market average44.84% below the market average44.84% below the market average44.84% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
24.94% above the market average24.94% above the market average24.94% above the market average24.94% above the market average24.94% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
13.31% below the market average13.31% below the market average13.31% below the market average13.31% below the market average13.31% below the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 3
Sell 0
Strong Sell 1
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

National Grid Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Nov-24 06-Jun-24
Paid 14-Jan-25 19-Jul-24
Amount 15.84p 39.12p

Trades for 21-Nov-2024

Time Volume / Share Price
16:12 2 @ 963.60p
17:07 85,221 @ 962.07p
15:53 63 @ 966.20p
15:51 2 @ 965.40p
15:35 2 @ 964.80p

National Grid Key Personnel

CEO John Pettigrew
CFO Andrew Agg

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