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Infraestructura Energetica Nova SA de CV

IENOVA.MX

Latest Trade

80.04MXN

Change

-1.13(-1.39%)

Volume

5,071,683

Today's Range

80.01

 - 

81.97

52 Week Range

64.61

 - 

94.00

As of on the Mexico Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
81.17
Open
81.60
Volume
5,071,683
3M AVG Volume
40.45
Today's High
81.97
Today's Low
80.01
52 Week High
94.00
52 Week Low
64.61
Shares Out (MIL)
1,534.02
Market Cap (MIL)
122,982.70
Forward P/E
15.05
Dividend (Yield %)
3.03

Next Event

Q3 2019 Infraestructura Energetica Nova SAB de CV Earnings Release

Latest Developments

More

IEnova to lower book value of plant by $50-90 mln

S&P affirms rating on Infraestructura Energetica Nova SA de CV

Infraestructura Energetica Nova SA de CV - Mexico anti-trust body objects to IEnova, Pemex pipeline deal - Reuters

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About Infraestructura Energetica Nova SA de CV

Infraestructura Energetica Nova SAB de CV is a Mexico-based company primarily engaged in the utilities sector. Its activities are organized into two segments: Gas and Electricity. In the Gas segment, the Company is involved in the development and operation of natural gas pipelines and liquefied petroleum gas (LPG), and storage, transportation, distribution and marketing of natural gas and LPG in a number of Mexican states, including Baja California, Sonora, Chihuahua, Durango, Tamaulipas, Nuevo Leon and Jalisco. Additionally, it owns and operates a unit for storage and regasification of liquefied natural gas (LNG) in Baja California, Mexico, which is used in the import of LNG. In the Electricity segment, the Company is active in the management and operation of a natural gas power plant, which includes two gas turbines and one steam turbine, as well as in the development of a wind energy project in Baja California, Mexico.

Industry

Natural Gas Utilities

Contact Info

Paseo de la Reforma 342

Piso 24, Col. Juarez

+52.55.91380100

http://www.ienova.com.mx

Executive Leadership

Carlos Ruiz Sacristan

Chairman of the Board

Tania Ortiz Mena Lopez Negrete

Chief Executive Officer

Gerardo de Santiago Tona

Executive Vice President of Operations and Construction

Rene Buentello Carbonell

Chief Compliance Officer, General Counsel

Manuela Molina Peralta

Vice President of Finance

Key Stats

2.38 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.7K

2017

1.2K

2018

1.4K

2019(E)

1.4K
EPS (USD)

2016

0.610

2017

0.230

2018

0.280

2019(E)

0.275
Price To Earnings (TTM)
14.25
Price To Sales (TTM)
4.36
Price To Book (MRQ)
1.29
Price To Cash Flow (TTM)
11.29
Total Debt To Equity (MRQ)
63.59
LT Debt To Equity (MRQ)
37.76
Return on Investment (TTM)
5.55
Return on Equity (TTM)
4.67

Latest News

Major Mexico gas pipeline at center of dispute begins operations

A major natural gas pipeline between Texas and the Mexican Gulf Coast port of Tuxpan that was at the heart of a dispute between Mexico's government and infrastructure firms begins operations on Tuesday, the companies behind it said.

Mexico gets deal with final holdout firm in pipeline contract dispute

Mexico's government has reached a deal with infrastructure firm Fermaca in its renegotiation of natural gas pipeline contracts signed under the last government, Mexican President Andres Manuel Lopez Obrador said on Wednesday.

Mexico expects to save $4.5 billion after pushing firms to rework pipeline contracts

Mexico's government said on Tuesday it had persuaded companies to waive "significant" profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion.

Mexico pipeline deal positive for infrastructure firms' credit ratings: Moody's

Ratings agency Moody's said on Tuesday that a deal between Mexico's government and several infrastructure companies over a dispute surrounding gas pipeline contracts was positive for the firms' credit ratings.

Mexico pipeline deal positive for infrastructure firms' credit ratings - Moody's

Ratings agency Moody's said on Tuesday that a deal between Mexico's government and several infrastructure companies over a dispute surrounding gas pipeline contracts was positive for the firms' credit ratings.

Shares in Mexico's IEnova rise almost 7% after pipeline deal

Shares in Mexican infrastructure company IEnova, a unit of U.S. company Sempra Energy, rose by nearly 7% on Tuesday after it reached a deal over a natural gas pipeline after a dispute with Mexico's government that could extend two of its contracts for 10 years.

Mexico reaches deal with firms over pipelines dispute-sources

Mexico's government has reached a deal with several infrastructure companies over a dispute surrounding contracts for gas pipelines issued under the previous administration, three people familiar with the matter said on Tuesday. (Reporting by Dave Graham)

UPDATE 1-Mexican president pushes hopes for pipeline deal into next week

Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

Mexican president eyes deal next week on pipeline dispute

Mexican President Andres Manuel Lopez Obrador said on Thursday that his government has made progress in talks with companies to resolve a contractual dispute over several natural gas pipelines, and that a deal could be sealed next week.

UPDATE 1-Mexican president hails progress with pipeline firms in contract talks

Mexican President Andres Manuel Lopez Obrador said on Wednesday that negotiations with the builders of several natural gas pipelines over a contractual dispute are going "very well."

Mexican president hails progress with pipeline firms in contract talks

Mexican President Andres Manuel Lopez Obrador said on Wednesday that negotiations with the builders of several natural gas pipelines over a contractual dispute are going "very well."

Mexico president says met with private sector about pipeline dispute

Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with business groups about a contractual dispute over several gas pipelines, seeking to ensure that the contracts are fair and that Mexico has enough gas.

UPDATE 1-Mexico says close to deal on pipeline dispute that spooked investors

Mexico is close to an accord over a contractual dispute with the builders of several gas pipelines, President Andres Manuel Lopez Obrador said on Monday, heralding a solution to a case that has sapped investor confidence in his administration.

Mexico close to deal on pipeline dispute - Mexican president

Mexico is close to an accord over a contractual dispute with the builders of several gas pipelines awarded under the previous administration, President Andres Manuel Lopez Obrador said on Monday.

Mexico's IEnova says state utility initiated arbitration over pipeline project

Mexican energy infrastructure firm IEnova said on Friday that state-owned utility CFE has initiated international arbitration in relation to the company's Guaymas-El Oro gas pipeline project.

Recently departed Mexico finance minister says pipeline dispute pushed him to go

A Mexican state-owned power utility's move to seek arbitration over pipeline contracts was one of the final straws that pushed the country's former finance minister, Carlos Urzua, to resign from his post, Urzua said in an interview published Sunday.

Mexico power utility seeking $899 million in pipeline dispute; firms to talk

Mexican national power company CFE said on Tuesday it is seeking $899 million in a dispute with natural gas pipeline firms and talks with Canada's TC Energy Corp <TRP.TO> and billionaire Carlos Slim's Grupo Carso <GCARSOA1.MX> would start within days.

Mexico's IEnova denies starting arbitration over pipeline dispute

Mexican energy infrastructure company IEnova, a unit of U.S.-based Sempra Energy, said on Tuesday it had not recently begun arbitration against Mexican state power utility CFE in a dispute over pipeline contracts.

Mexican power company CFE says pipeline firms agree to renegotiate

The head of Mexico's national power company CFE said on Tuesday that he has met with companies involved in a natural gas pipeline dispute that has escalated towards international arbitration and that they agreed to renegotiate the contracts

U.S. Chamber of Commerce slams Mexican utility's pipeline arbitration move

The U.S. Chamber of Commerce on Monday criticized the Mexican state-owned power utility CFE's filing with an international court to begin arbitration with several infrastructure companies over pipeline contracts, saying the move could undermine investor confidence.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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