Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Centrica    CNA   GB00B033F229

CENTRICA (CNA)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Centrica: Shale Gas Won't Transform UK Energy

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 05:47pm CEST

The U.K.'s shale gas resources could prove to be important, but they won't totally transform the energy landscape in the U.K., said Mark Hanafin, managing director of the energy production division of U.K. utility Centrica PLC (>> Centrica PLC) Thursday.

"U.K. shale production--I think it's important and we should develop it, but I don't think it's going to be a game changer," Hanafin told reporters on the sidelines of the Petrostrategies conference in Paris.

"I don't think it changes the British government's desire, which is the right one, to have a very diversified energy mix. That means nuclear, it means gas, it means renewables," he said.

Centrica, and its partner Electricite de France SA (>> EDF), are still talking to the U.K. government about ways to support and minimize the risk of investment in a fleet of new nuclear power stations, Hanafin said.

There is a lot of work still to do before the final decision to build new plants can be taken at the end of this year, he said.

-By James Herron; [email protected]; +44 207 842 9317

Stocks mentioned in the article : Centrica PLC, Centrica PLC, EDF
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CENTRICA
06/26 CENTRICA : has installed 4 million smart meters in our customers' homes
06/22 CENTRICA : to Sell Langage & South Humber Bank Gas-Fired Power Stations
06/22 CENTRICA : to sell Langage and South Humber Bank gas-fired power stations
06/22 CENTRICA : Capital Markets Day 2017
06/22 CENTRICA : UK wants to revive gas extraction in oldest part of North Sea oil bas..
06/22 CENTRICA : to Sell Two Gas Power Plants for 318m
06/22 CENTRICA : Gas plants sale
06/22 CENTRICA : Concerns Over Closure Of UK's Biggest Gas Storage Plant; We must prot..
06/22 CENTRICA : Gas giant leaves uk at mercy of qatar
06/22 CENTRICA : flogs two gas power plants for £318m
More news
Sector news : Multiline Utilities
06/26 Thirteen EU nations back plan for talks with Russia over gas pipeline
06/26 EU must get more Russian guarantees over gas pipeline plan - Ukraine
06/26 ELECTRICITE DE FRANCE : France's Areva NP eyes higher sales, profits in next fiv..
06/23DJRWE Executive Board Intends Special Dividend Amounting To EUR 1.00 Per Share ..
06/21 Exclusive - Qatar sovereign fund moves stakes to government, may sell assets
More sector news : Multiline Utilities
News from SeekingAlpha
06/22 Centrica (CPYYF) Investor Presentation - Slideshow
06/09 Centrica sells stake in Canadian joint venture for ~£240M
05/24 Utility Sector Intuits 34% Net For Suburban And 17% Yield By CESP In May Fore..
04/23 Utilities Top Gainers For April Are NRG Yield, Suburban & Pattern, Per Analys..
04/13 Repeated Strategic Blunders And Regulatory Risks Weighing On Centrica
Advertisement
Financials ( GBP)
Sales 2017 28 386 M
EBIT 2017 1 473 M
Net income 2017 843 M
Debt 2017 2 884 M
Yield 2017 5,86%
P/E ratio 2017 13,36
P/E ratio 2018 13,37
EV / Sales 2017 0,51x
EV / Sales 2018 0,49x
Capitalization 11 480 M
More Financials
Chart CENTRICA
Duration : Period :
Centrica Technical Analysis Chart | CNA | GB00B033F229 | 4-Traders
Full-screen chart
Technical analysis trends CENTRICA
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 2,08  GBP
Spread / Average Target -0,62%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Iain C. Conn Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Jeff Bell Group Chief Financial Officer & Director
Charles Cameron Director-Technology & Engineering
Mike Young Group Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CENTRICA-10.72%14 562
NATIONAL GRID PLC5.61%43 566
ENGIE15.39%37 896
ELECTRICITÉ DE FRANCE11.64%30 770
SEMPRA ENERGY13.31%28 271
PPL CORP15.39%26 528
More Results