Engie delivered strong results for the third consecutive year, with earnings expected to grow again post-2027. Investments focus on renewable energy and network expansion, aiming to combine high-yield Renewables with stable Regulated Assets for balanced growth. Short-term earnings will dip due to nuclear phase-out and divestments, but long-term growth is anticipated from new capacity and strategic investments.
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.
Does ENGIE - Sponsored ADR (ENGIY) have what it takes to be a top stock pick for momentum investors? Let's find out.
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.
Does ENGIE - Sponsored ADR (ENGIY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how ENGIE - Sponsored ADR (ENGIY) and Iberdrola S.A. (IBDRY) have performed compared to their sector so far this year.
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.
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.
Engie is well-positioned to benefit from its renewable energy capacity growth and energy infrastructure. The EU Commission has approved Engie's nuclear deal with the Belgian. This approval fully confirms Engie's de-risking strategy and offers downside protection. Beat in DPS (with an 8.5% dividend yield) while investing for growth makes Engie a Buy. The company's valuation is also at a discount compared to its peers.
Engie SA (OTCPK:ENGIY) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Delphine Deshayes - Investor Relations Catherine MacGregor - Chief Executive Officer Pierre-François Riolacci - Executive Vice President, Finance, ESG and Procurement Paulo Almirante - Senior Executive Vice President, GBU Renewable & Flex Power Conference Call Participants Harry Wyburd - Exane Ajay Patel - Goldman Sachs Louis Bourjard - ODDO Meike Becker - HSBC Bartlomiej Kubicki - Bernstein Juan Rodriguez - Kepler James Brown - Deutsche Bank Delphine Deshayes Good afternoon, everyone. It's a great pleasure to welcome you to Engie's 2024 full year results and Market Update presentation.
French utility Engie posted a 6.2% fall in 2024 operating profit excluding nuclear on Thursday, due to a decline in gas prices, the impact of an energy tax in France and a decrease in gas-fired power plant usage in Europe.
EU competition regulators on Friday approved Belgium's plan to grant state aid to French energy company Engie's Belgian unit to extend the lifespan of two nuclear reactors, closing an in-depth investigation opened last July.