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Ørsted A/S (DNNGY)
| Previous close | 19.52 |
| Open | 19.71 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 19.67 - 19.90 |
| 52-week range | 11.72 - 33.12 |
| Volume | |
| Avg. volume | 62,086 |
| Market cap | 25.05B |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.45 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | 0.64 (3.52%) |
| Ex-dividend date | 08 Mar 2023 |
| 1y target est | 22.68 |
ReutersWind farm developer Orsted confident about strategy after Q1 profit rises
Orsted, the world's biggest offshore wind farm developer, reported on Thursday a rise in first-quarter operating profit thanks to higher earnings from its offshore wind farms, and confirmed its full-year guidance. The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays. Following a strategic review of its business, Orsted, which is 51%-owned by the Danish state, trimmed in February its investment and capacity targets, paused dividend payouts, and its finance and operations chiefs stepped down.
- Reuters SG
Deals of the day-Mergers and acquisitions
** U.S. President Joe Biden plans to express concern over Nippon Steel's proposed $14.9 billion purchase of U.S. Steel X.N, a person familiar with the matter told Reuters, pushing the U.S. company's stock 12% lower on bets the deal could face greater political opposition. ** A deal the South African government has been negotiating for three years to sell a majority stake in South African Airways (SAA) has fallen apart, the minister overseeing the company said on Wednesday. ** Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment firm said on Wednesday.
ReutersOrsted must restore investor confidence, says new chair
Denmark's Orsted must restore investor confidence, new chair Lene Skole said on Tuesday after a shareholder meeting elected her to oversee the offshore wind power giant's turnaround drive. She takes the role as the world's largest offshore wind farm developer looks to bounce back from a string of losses and project cancellations. Late last year, the company scrapped two U.S. offshore wind projects.
