Last $72.25 USD
Change Today -0.42 / -0.58%
Volume 1.0M
NGG On Other Exchanges
Symbol
Exchange
OTC US
London
New York
Frankfurt
Frankfurt
As of 8:04 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

national grid plc-sp adr (NGG) Snapshot

Open
$71.83
Previous Close
$72.67
Day High
$72.42
Day Low
$71.73
52 Week High
07/28/14 - $77.21
52 Week Low
09/25/13 - $58.68
Market Cap
54.5B
Average Volume 10 Days
427.8K
EPS TTM
--
Shares Outstanding
754.3M
EX-Date
07/29/14
P/E TM
--
Dividend
$4.62
Dividend Yield
4.82%
Current Stock Chart for NATIONAL GRID PLC-SP ADR (NGG)

Related News

No related news articles were found.

national grid plc-sp adr (NGG) Related Businessweek News

View More BusinessWeek News

national grid plc-sp adr (NGG) 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-sp adr (NGG) Top Compensated Officers

Group Chief Executive Officer, Director, Memb...
Total Annual Compensation: 2.2M GBP
Finance Director, Executive Director, Chairma...
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-sp adr (NGG) Key Developments

Kinder MorganEnergy Partners, L.P. Signs Transportation Agreement with Local Natural Gas Distribution Companies

Kinder MorganEnergy Partners, L.P. has signed an agreement, subject to customary approvals, with local natural gas distribution companies, or LDCs, throughout New England to transport approximately 500,000 Dth/d of firm transportation on the market path component of Tennessee Gas Pipeline Company's, or TGP, Northeast Energy Direct Project. Included in this key group are: The Berkshire Gas Company, Columbia Gas of Massachusetts, Connecticut Natural Gas Corporation, Liberty Utilities (EnergyNorth Natural Gas) Corp., National Grid, Southern Connecticut Gas Corporation and three other LDCs. Multiple studies continue to suggest there is a need for up to 2 billion cubic feet per day (Bcf/d) of new pipeline capacity into New England and neighboring markets, and the commitment by the LDCs represents a critical milestone in the development of TGP's role in solving the need for new energy infrastructure. TGP provides unmatched supply diversity, including access to the prolific Marcellus shale, making the Northeast Energy Direct Project an ideal solution to satisfy rapidly growing natural gas demand that is forecasted in the Northeast and New England in the years ahead." Northeast Energy Direct has capacity scalable from approximately 800,000 Dth/d to 1.2 Bcf/d, or ultimately up to 2.2 Bcf/d, depending on final customer commitments. Capacity will include a combination of new pipeline, existing pipeline, additional pipeline loops, new compressor stations, station modifications and metering and measurement equipment in Pennsylvania, New York, Massachusetts, Connecticut, New Hampshire and Rhode Island. TGP plans to begin the pre-filing process with the Federal Energy Regulatory Commission in September 2014. Subject to receiving sufficient commitments for capacity as well as regulatory approval, the project is expected to begin service in November 2018.

National Grid Starts Gas Mains Replacement Project in High Street Kensington

National Grid plc has begun a project to replace old gas mains in High Street Kensington, between the junctions with Adam and Eve Mews and Derry Street. This essential work has started on 28 July and should be complete by 2 November 2014. The existing ageing metal gas mains will be replaced with new tough, durable plastic pipes, which will help ensure the local community continue to enjoy safe and reliable gas supplies for decades to come. To enable work to be carried out there will be bus stop suspensions along the work route, though services will continue to run. There will also be traffic lane restrictions and diversion routes will be clearly signed.

National Grid plc Announces Board Changes

Nick Winser stepped down from the Board of National Grid following the conclusion of its annual general meeting on 28 July 2014. With Nick's departure, John Pettigrew has been appointed as the sole UK Executive Director, supported by a new UK leadership structure, to provide a single focus to manage a challenging UK operational agenda. These changes in executive responsibilities will take effect from 1 October 2014. John Pettigrew joined the board as Executive Director on 1 April 2014. He previously held the position of Chief Operating Officer of UK Operations since July 2012, when he became a member of the Executive Committee.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NGG:US $72.25 USD -0.42

NGG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Balfour Beatty PLC 220.20 GBp +0.10
BG Group PLC 1,167 GBp +5.00
BT Group PLC 388.00 GBp +1.40
Centrica PLC 319.10 GBp -0.40
SSE PLC 1,494 GBp -2.00
View Industry Companies
 

Industry Analysis

NGG

Industry Average

Valuation NGG Industry Range
Price/Earnings 13.2x
Price/Sales 2.2x
Price/Book 2.7x
Price/Cash Flow 8.5x
TEV/Sales 2.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NATIONAL GRID PLC-SP ADR, 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.