Previous close | 58.50 |
Open | 58.36 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 58.36 - 59.18 |
52-week range | 35.31 - 101.22 |
Volume | |
Avg. volume | 393 |
Market cap | 24.869B |
Beta (5Y monthly) | 0.65 |
PE ratio (TTM) | N/A |
EPS (TTM) | -7.34 |
Earnings date | 02 May 2024 |
Forward dividend & yield | 1.92 (3.56%) |
Ex-dividend date | 08 Mar 2023 |
1y target est | N/A |
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.
** 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.
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.