RWE Aktiengesellschaft Sponsored ADR (RWEOY)
RWE: Unlikely Recovery In 2025E, But Upside Exists 2027E
RWE's share price decline to below €30/share presents a significant upside, aligning it with other European and US utilities, bolstered by strong fundamentals and a strategic shift towards renewables. The company's diversification into renewables, including a major presence in the US, and its planned exit from coal by 2030, highlight its evolving energy mix. Despite near-term challenges and political risks, RWE's share buybacks and diversified portfolio, including CCGTs and hydrogen, position it well for long-term growth.
RWE Aktiengesellschaft (RWEOY) Q3 2024 Earnings Call Transcript
RWE Aktiengesellschaft (OTCPK:RWEOY) Q3 2024 Earnings Conference Call November 13, 2024 7:00 AM ET Company Participants Thomas Denny - Investor Relations Markus Krebber - Chief Executive Officer Michael Muller - Chief Financial Officer Conference Call Participants Alberto Gandolfi - Goldman Sachs Peter Bisztyga - Bank of America Rob Pulleyn - Morgan Stanley Deepa Venkateswaran - Bernstein Ahmed Farman - Jefferies Meike Becker - HSBC Wanda Serwinowska - UBS Olly Jeffery - Deutsche Bank Harry Wyburd - BNP Paribas Exane Piotr Dzieciolowski - Citi Ingo Becker - Kepler Cheuvreux Pujarini Ghosh - Bernstein Operator Welcome to the RWE Conference Call. Markus Krebber, CEO of RWE AG, and Michael Muller, CFO of RWE AG, will inform you about the developments in the first three quarters of fiscal 2024.
RWE: 7% Decline Makes The Upside Sweeter
I view RWE as a "BUY" with a conservative price target of €44/share, despite short-term earnings decline and generation/project risks in the renewables portfolio. RWE's decarbonization strategy aims to exit coal by 2030, with significant investments in renewable energy, targeting a 60% EPS increase by 2030. The company's solid credit ratings (BBB+ from Fitch, Baa2 from Moody's) and institutional ownership (82%) highlight its stability and long-term potential.
What Makes RWE AG (RWEOY) a New Strong Buy Stock
RWE AG (RWEOY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
RWE Aktiengesellschaft (RWEOY) Q2 2024 Earnings Call Transcript
RWE Aktiengesellschaft (OTCPK:RWEOY) Q2 2024 Earnings Conference Call August 14, 2024 7:00 AM ET Company Participants Thomas Denny - Head of Investor Relations Markus Krebber - Chief Executive Officer Michael Muller - Chief Financial Officer Conference Call Participants Peter Bisztyga - Bank of America Alberto Gandolfi - Goldman Sachs Ahmed Farman - Jefferies Olly Jeffrey - Deutsche Bank Deepa Venkateswaran - Bernstein Harry Wyburd - Exane BNP Paribas Wanda Serwinowska - UBS Piotr Dzieciolowski - Citi Louis Boujard - ODDO BHF Operator Welcome to the RWE Conference Call. Markus Krebber, CEO of RWE AG, and Michael Muller, CFO of RWE AG, will inform you about the developments in the First Half of Fiscal 2024.
RWE fails to dispel Calpine M&A speculation, shares extend losses
RWE shares extended losses on Wednesday after the group's management failed to dispel investor concerns about a report that the company could buy into a U.S. operator of gas-fired power plants.
RWE: Outperformed (And I Sold), And Now A 'Buy' Again
Analysts have a favorable outlook on RWE, with a high target of €59/share and an average of €52/share. RWE is a solid long-term investment with potential upside, despite recent volatility in share price. The company is heavily investing in renewables, with a goal to exit coal by 2030.
