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RWE Aktiengesellschaft (RWNFF)
| Previous close | 42.91 |
| Open | 42.41 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 42.91 - 42.91 |
| 52-week range | 36.12 - 46.16 |
| Volume | |
| Avg. volume | 1,191 |
| Market cap | 29.017B |
| Beta (5Y monthly) | 0.70 |
| PE ratio (TTM) | 22.80 |
| EPS (TTM) | 1.88 |
| Earnings date | N/A |
| Forward dividend & yield | 0.95 (2.12%) |
| Ex-dividend date | 29 Apr 2022 |
| 1y target est | N/A |
- Reuters
RWE shares climb on higher dividend, investment outlook
ESSEN, Germany (Reuters) -RWE, Germany's biggest utility, pledged a higher dividend and more investments on Tuesday to expand its core renewables business, boosting its shares in pre-market trade. RWE has been relatively shielded from the energy crisis that gripped Europe last year, mainly due to its low exposure to Russian fuel imports, and was even able to expand in the U.S. renewables market via a $6.8 billion acquisition. Net investments of 4.4 billion euros ($4.7 billion) in 2022 would be exceeded this year, the company said, also announcing a dividend of 1 euro per share for 2023, an increase of 11% year-on-year.
- Reuters
EU: examining Germany's revised calculations for paying RWE 2.6 billion eur for coal phase-out
The European Union Commission said Germany's new calculations of foregone profits which utility RWE will incur from closing some coal-fired power plants earlier than planned are "more conservative" than previously estimated, but it continued to be state aid which the EU needed to scrutinize. The commission said it would change the scope of an ongoing investigation into the 2.6 billion euros ($2.76 billion) Berlin intends to pay to RWE for phasing out coal-fired power plants in the Rhine lignite mining area close to Cologne. The commission had previously expressed doubts about whether it could approve the plans, which it views as state aids needing special justification, in light of anti-trust rules.
- The Telegraph
Energy industry faces ‘death by a thousand cuts’, warns major power supplier to Britain
Britain’s energy industry risks “death by a thousand cuts” as tax raids, red tape and a constant "flip-flopping" on policy deter investment, the head of one of Britain's biggest power producers has warned.
