Centrica plc American Depositary Receipt (CPYYY)
Centrica plc (CPYYY) Q2 2026 Earnings Call Transcript
Centrica plc (CPYYY) Q2 2026 Earnings Call Transcript
Centrica hikes dividend despite market volatility slows progress
Centrica PLC (LSE:CNA) hiked its interim dividend 9% despite lower first-half profits, where energy-market volatility meant progress in parts of the British Gas owner's business was “slower than we would like”. Underlying earnings (EBITDA) of £737 million were reported in the six months to June, down 18% compared to a year earlier.
Centrica's Sizewell B to operate for another 20 years as it inks terms with UK Govt
Centrica PLC (LSE:CNA) said Sizewell B is set to operate for another 20 years after the UK Government signed Heads of Terms for a regulated Contract for Difference that runs from 2035 to 2055. The agreement gives the Suffolk nuclear power station, in which Centrica owns 20%, a guaranteed strike price of £70.50/MWh from April 2035 to March 2055, based on 2025 prices and indexed to CPI inflation.
Centrica's long-term attraction would be boosted by Sizewell B deal, says Citi
Centrica PLC's (LSE:CNA) long-term value could receive further support from a reported agreement to extend the life of the Sizewell B nuclear power station, according to Citi. A Bloomberg report suggested that EDF and the owner of British Gas Centrare close to agreeing heads of terms with the UK government for a 20-year extension of the plant's operating life.
British Gas owner Centrica to pay $27 million after prepay meter probe
British Gas owner Centrica has agreed to pay 20 million pounds ($26.69 million) into a redress fund after investigators found the utility installed prepayment meters in the homes of vulnerable customers without their consent, regulator Ofgem said.
Is Centrica (CPYYY) Outperforming Other Utilities Stocks This Year?
Here is how Centrica PLC (CPYYY) and MYR Group (MYRG) have performed compared to their sector so far this year.
Centrica snaps up gas-fired power plant after mixed quarter for sales
British Gas owner Centrica PLC (LSE:CNA) has completed the £370 million acquisition of a gas-fired power station in south Wales, as it flagged strong infrastructure earnings but weaker retail performance in its latest trading update. The FTSE 100 energy supplier said the 850MW Severn power plant lifts its power portfolio to 4GW, including assets in development.
Ceres Power shares more than double in a month as Delta-Centrica data centre deal adds to momentum
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) shares rose 2.6% to 640p on Thursday, extending a remarkable run that has seen the Horsham-based clean energy technology developer's stock more than double in the past month, valuing the company at £1.24 billion. The immediate catalyst was the announcement of an infrastructure partnership between Delta Electronics and Centrica, targeting the data centre market and energy-intensive industries across the UK and Europe, with solid oxide fuel cells (SOFCs) providing off-grid energy generation.
Centrica (CPYYY) Upgraded to Buy: What Does It Mean for the Stock?
Centrica (CPYYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are Utilities Stocks Lagging Centrica (CPYYY) This Year?
Here is how Centrica PLC (CPYYY) and MYR Group (MYRG) have performed compared to their sector so far this year.
Are Investors Undervaluing Centrica (CPYYY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Centrica sell-off overdone as short nuclear lifespan limits delink exposure, says Citi
Centrica PLC (LSE:CNA) shares have been caught up in a sector-wide sell-off following press reports of potential government action to delink power and gas pricing in the UK, but Citi argues the market has overreacted and reiterates its 'buy' rating on the stock. The broker contends that investors are focusing too narrowly on earnings per share impact and failing to account for the limited remaining lifespan of Centrica's nuclear generation assets.
