SSE.L - SSE plc

LSE - LSE Delayed Price. Currency in GBp
1,308.50
-4.50 (-0.34%)
At close: 4:35PM BST
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Previous close1,313.00
Open1,307.50
Bid1,309.00 x 0
Ask1,309.50 x 0
Day's range1,303.00 - 1,319.00
52-week range997.80 - 1,325.00
Volume2,133,479
Avg. volume5,114,213
Market cap13.595B
Beta (3Y monthly)0.76
PE ratio (TTM)9.49
EPS (TTM)137.90
Earnings date13 Nov 2019
Forward dividend & yield0.97 (7.84%)
Ex-dividend date2019-07-25
1y target est1,324.00
  • SSE first-half profits hit by capacity payments delay
    Reuters

    SSE first-half profits hit by capacity payments delay

    A European Union court ruling last year forced Britain to halt payments under its capacity market scheme, which pays generators to be available during periods of high demand, pending a review by the European Commission. SSE, one of Britain's so-called Big Six energy firms, said the continuing suspension of the payments meant the company was unable to recognise pending payments totalling 148 million pounds. The European Commission launched the review of Britain's capacity market scheme in February but industry experts have said this could take 12 months to complete.

  • Reuters

    SSE sells UK retail energy unit to newcomer OVO

    SSE's retail energy business is the third-largest supplier of the "big six" in the British market, supplying energy and related services to around 3.5 million household customers. Ovo, set up only 10 years ago, has expanded to be Britain's largest independent energy supplier, with 1.5 million customers. The deal comes after SSE and Germany's Innogy scrapped plans last year to merge their British energy retail operations.

  • Reuters

    Britain's SSE plans to shut its last coal-fired plant by March 2020

    British energy supplier SSE Plc plans to shut its Fiddler's Ferry coal-fired plant in northwest England by March 2020, saying the loss-making plant could not compete with more efficient gas and renewable energy options. Britain plans to close all coal-fired power plants by 2025 as a part of efforts to meet its climate goals and coal plants have become increasingly uneconomic due to levies on carbon dioxide emissions. ..At nearly 50 years old, the station is unable to compete with more efficient and modern gas and renewable generation," Stephen Wheeler, Managing Director of Thermal Energy at SSE said.

  • SSE earnings drop, outlook unclear on Labour nationalisation threat
    Reuters

    SSE earnings drop, outlook unclear on Labour nationalisation threat

    While a British election is not due until 2022, and opinion polls show the main opposition party falling short of a governing majority, Labour laid out plans this month to offer shareholders less than current market value under a future nationalisation. SSE's chief executive said there was huge uncertainly over Labour's plans and a question mark over whether they would even achieve a majority in parliament to enact the strategy if they were to get into power. Energy regulator Ofgem was told by parliament last year to cap energy prices after lawmakers said customers were being overcharged for electricity and gas.

  • Reuters

    UPDATE 2-Prospect of easing trade tensions, weaker pound lift FTSE 100

    Hopes that the United States' trade tensions with China and Europe will dissipate, combined with a weaker pound, lifted Britain's main index higher on Wednesday, as a slew of earnings reports also drove share moves. The FTSE 100 advanced 0.8% and outperformed its European peers. The FTSE 250 was roughly flat.

  • Reuters

    Britain's SSE approaches firms over deal to shed retail arm - Sky News

    (Reuters) - British energy company SSE Plc has approached companies including broadband provider TalkTalk Telecom Group about a deal to sell its household supply unit, Sky News reported http://bit.ly/2Lm9c2T on Saturday.