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Oersted A/S

ORSTED.CO

Latest Trade

622.60DKK

Change

0.40(+0.06%)

Volume

38,467

Today's Range

621.20

 - 

625.40

52 Week Range

399.30

 - 

688.20

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

Pricing

Previous Close
622.20
Open
622.40
Volume
38,467
3M AVG Volume
9.04
Today's High
625.40
Today's Low
621.20
52 Week High
688.20
52 Week Low
399.30
Shares Out (MIL)
420.05
Market Cap (MIL)
261,561.10
Forward P/E
39.83
Dividend (Yield %)
1.45

Next Event

Q3 2019 Orsted A/S Earnings Release

Latest Developments

More

Ørsted To Pioneer Deployment Of GE's Offshore Wind Turbine

SEAS-NVE Plans To Reduce Stake In Orsted To Around 5% Over Next 12 Months

Orsted To Divest Its Danish Power Distribution, Residential Customer And City Light Businesses

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About Oersted A/S

Orsted A/S, formerly Dong Energy A/S, is a Denmark-based energy company engaged in procuring, producing, distributing and trading energy and related products in Northwestern Europe. The Company operates through three segments: Wind Power, engaged in the development, construction and operations of wind farms; Bioenergy and Thermal Power, responsible for the generation of electricity and heat from thermal power stations; and Distribution and Customer Solutions, responsible for the purchase, sale and distribution of energy. The Company's competences are aimed at three core activities: development and construction of assets, operations and maintenance of assets, and sales and optimization of the energy commodities portfolio.

Industry

Electric Utilities

Contact Info

Kraftvaerksvej 53, Skaerbaek

+45.null.9551111

https://www.orsted.com/

Executive Leadership

Thomas Thune Andersen

Independent Chairman of the Board

Henrik Poulsen

President, Chief Executive Officer, Member of the Executive Board

Lene Skole

Independent Deputy Chairman of the Board

Marianne Wiinholt

Chief Financial Officer, Executive Vice President, Member of the Executive Board

Thomas Dalsgaard

Executive Vice President, Chief Executive Officer Bioenergy

Key Stats

2.94 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, DKK)

2016

61.2K

2017

59.5K

2018

75.5K

2019(E)

73.4K
EPS (DKK)

2016

28.077

2017

29.900

2018

42.400

2019(E)

15.544
Price To Earnings (TTM)
12.93
Price To Sales (TTM)
3.49
Price To Book (MRQ)
3.14
Price To Cash Flow (TTM)
9.88
Total Debt To Equity (MRQ)
45.32
LT Debt To Equity (MRQ)
44.33
Return on Investment (TTM)
15.92
Return on Equity (TTM)
12.32

Latest News

Orsted to sell its Danish power businesses for $3.2 billion

Orsted <ORSTED.CO> has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a cash and debt-free basis, the Danish utility said on Wednesday.

Orsted to sell its Danish power businesses for $3.2 billion

Orsted has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a cash and debt-free basis, the Danish utility said on Wednesday.

UPDATE 1-Orsted beats profit expectations but says wind power generation not satisfying

* Says power generation from existing sites was not satisfying

Orsted beats profit expectations thanks to new wind farms

Orsted, the world's largest offshore wind energy developer posted second-quarter operating profit above expectations on Thursday thanks to ramped up power generation from new offshore wind farms.

UPDATE 1-Orsted's offshore wind business has positive start to year

Orsted on Wednesday reported higher first-quarter earnings from its offshore wind farms, in a positive sign for the Danish company's focus on renewables after selling its oil and gas business in 2017.

Orsted says grid sale setback will not stop expansion

A setback for Danish energy group Orsted's plans to sell its domestic power network and private customer businesses will not derail its global expansion drive, the company's head of offshore wind said on Wednesday.

Orsted offshore CEO says grid sale setback will not stop expansion

A setback for energy group Orsted's sale process of its Danish power network and private customer units will not curb its global growth ambitions, the group's head of offshore wind said.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

Energy group Orsted halts power business divestment

Energy group Orsted <ORSTED.CO> said Monday it would halt the sale process of its Danish power distribution business after it became clear there was no longer political support for a divestment.

Energy group Orsted says government no longer supports power business divestment

Danish energy company Orsted <ORSTED.CO>, 50.1 percent owned by the state, said on Sunday that the Finance Ministry had told it there was no longer political support for continuing divestment of its power distribution and residential customer businesses.

UPDATE 1-Denmark's Orsted Q3 beats expectations, lifts 2018 outlook

Danish energy group Orsted posted third-quarter profit well above analyst expectations on Thursday and lifted its outlook for the year, in part thanks to the contribution from new offshore wind projects.

Offshore wind firm Orsted expands U.S. business with $510 million acquisition

Orsted <ORSTED.CO>, the world's largest offshore wind developer, said on Monday it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market.

World’s largest offshore wind farm opens off northwest England

The world's largest offshore wind farm will open on Thursday off the northwest coast of England when Danish energy group Orsted <ORSTED.CO> unveils the Walney Extension project.

'Renewable majors' will pioneer green energy transition, says Orsted CEO

Danish offshore wind specialist Orsted aims to become one of a handful of future "renewable majors" that will lead a global transition from fossil fuels to green energy, the company's chief executive said.

Danish energy group Orsted buys U.S onshore wind developer

Danish energy group Orsted <ORSTED.CO> has agreed to buy U.S. onshore wind farm developer Lincoln Clean Energy (LCE) in a $580 million deal, aiming to gain a foothold in what it sees as a key growth market.

Orsted says to buy U.S wind farm developer, posts in-line Q2 core profit

Danish offshore wind farm developer Orsted said on Thursday it would buy U.S. wind farm developer Lincoln Clean Energy in a deal placing an enterprise valuation of $580 million on the U.S. firm.

UPDATE 2-Orsted looks beyond offshore wind to grow green portfolio

* Looking at onshore wind and storage - CEO (Adds detail, background, shares)

Orsted versus Orsted: scientist's descendants to sue company over name

The descendants of Danish scientist Hans Christian Orsted will take legal action on Friday against one of Denmark's biggest companies over its decision to change its name to Orsted <ORSTED.CO>, their lawyer said.

Orsted skips zero subsidy Dutch wind auction, eyes Massachusetts instead

Orsted, the world's largest developer of offshore wind, did not bid in the Netherlands' zero-subsidy tender this week, its chief strategy officer told Reuters on Friday.

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

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