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LON:NG.L

National Grid (NG.L) Share Price, News & Analysis

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
8.45 million shs
Average Volume
N/A
Market Capitalization
£45.42 billion
P/E Ratio
29.17
Dividend Yield
4.15%
Price Target
N/A
NG.L stock logo

About National Grid Stock (LON:NG.L)

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,439 kilometers of overhead lines; an electricity distribution network of approximately 117,498 circuit miles; and a network of approximately 57,551 kilometers of gas pipeline. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as commercial property and insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

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National Grid plc (NGG)
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
23,683
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£15.66 billion
Book Value
GBX 577.80 per share

Miscellaneous

Outstanding Shares
3,646,599,936
Free Float
N/A
Market Cap
£45.42 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. John Pettigrew (Age 53)
    CEO & Exec. Director
    Comp: $2.45M
  • Mr. Andrew J. Agg (Age 52)
    CFO & Exec. Director
    Comp: $1.4M
  • Ms. Lisa M. Lambert (Age 54)
    Sr. VP and Chief Technology & Innovation Officer
  • Ms. Adriana Karaboutis (Age 59)
    Group Chief Information & Digital Officer
  • Mr. Nicholas James Ashworth C.F.A.
    Director of Investor Relations
  • Ms. Justine Campbell (Age 51)
    Group Gen. Counsel & Company Sec.
  • Ms. Claire Jenkins
    Interim Chief People & Culture Officer
  • Mr. Kenneth D. Daly
    Chief Operating Officer for U.S. Electricity Bus.es
  • Ms. Megan Barnes
    Head of Company Secretariat
  • Mr. Ross Turrini
    Chief Gas Engineer and Sr. VP of US Gas Engineering & Process

Should I Buy National Grid Stock? NG.L Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Grid plc:

  • National Grid plc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diversified operations across the UK and the US provide geographic stability and reduce risk exposure.
  • With a focus on renewable energy and energy metering, National Grid plc is well-positioned to capitalize on the growing demand for sustainable energy solutions.
  • Recent regulatory approvals for infrastructure investments in the UK and US ensure a stable revenue stream for the company.
  • The current stock price of NG.L is trading at an attractive valuation compared to its industry peers, offering a potential value investment opportunity.

Cons

Investors should be bearish about investing in National Grid plc for these reasons:

  • The regulatory environment for utilities companies can be unpredictable, leading to potential constraints on pricing and profitability.
  • Intense competition in the energy sector may impact National Grid plc's market share and margins.
  • Fluctuations in commodity prices, such as natural gas, could affect the company's bottom line and financial performance.
  • Investing in regulated electric utilities like National Grid plc may limit potential for rapid growth compared to other sectors with higher volatility.
  • Environmental regulations and policies could impose additional costs on the company's operations, impacting profitability in the long term.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NG.L Stock Analysis - Frequently Asked Questions

How do I buy shares of National Grid?

Shares of NG.L stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:NG.L) was last updated on 9/7/2024 by MarketBeat.com Staff

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