RBC ups price target on Centrica
16th May 2022 13:40
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Centrica, as it upped its price target.
Read moreRBC Capital Markets hikes target price on Centrica
16th May 2022 13:39
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on energy services firm Centrica from 90.0p to 125.0p on Monday, citing "exceptional" mid-term cashflow generation and free cash flow yields of roughly 20-25%.
Read moreCentrica FY adjusted EPS seen at top end of expectations
10th May 2022 07:26
(Sharecast News) - Energy services business Centrica said on Tuesday it expected full-year adjusted earnings per share to be at the top end of analyst expectations after a strong performance in the first four months of 2022.
Read moreSunday newspaper round-up: Twitter, British Airways, Russian oil imports
25th Apr 2022 00:05
(Sharecast News) - Relations between Twitter and and Elon Musk may be thawing if reports that the former is taking a fresh look at the technology magnate's £33bn takeover offer is anything to go by. According to the Wall Street Journal, the two sides were set to meet on Sunday to discuss the deal and Twitter's board was now said to be "more receptive to a deal". - Sunday Telegraph
Read moreUK energy firm websites crash as customers rush to get readings in
31st Mar 2022 13:23
(Sharecast News) - Britons bracing for a 54% rise in energy prices were given an extra dose of pain on Thursday as the websites of several energy suppliers crashed before they could submit readings ahead of a midnight deadline.
Read moreCentrica to exit gas supply agreements with Russian counterparts, including Gazprom
2nd Mar 2022 09:42
(Sharecast News) - UK energy outfit Centrica announced that it would exit its gas supply agreements with its Russian counterparts, mainly gas giant Gazprom.
Read moreEvraz and Polymetal to leave FTSE 100, Howden set to join
1st Mar 2022 10:46
(Sharecast News) - Evraz and Polymetal International will drop out of the FTSE 100 after the shares were hammered by Russia's invasion of Ukraine with Howden Joinery ready to join the index of top public companies.
Read moreCentrica profits surge amid rising gas prices
24th Feb 2022 08:02
(Sharecast News) - UK energy supplier Centrica on Thursday more than doubled annual profits driven by its North Sea oil and gas business amid surging commodity prices.
Read moreWe should have been tougher on suppliers - Ofgem
8th Feb 2022 12:48
(Sharecast News) - Ofgem has accepted it should have toughed up financial oversight of the energy market much earlier, a week after it announced household bills would spike by 54% this year.
Read moreCentrica pension cash used to buy stake in Israel's NSO - report
17th Jan 2022 09:50
(Sharecast News) - Centrica's pension cash has been used to buy a stake in controversial Israeli firm NSO Group through a private equity fund, it was alleged on Monday.
Read moreCentrica's Norwegian sale marks 'major progress' in transformation efforts
8th Dec 2021 07:37
(Sharecast News) - Electric services company Centrica has made "major progress" in its strategic transformation efforts with the sale of its entire Norwegian portfolio and its Statfjord field asset on Wednesday.
Read moreBritish Gas to take on customers from collapsed Neon Reef, Social Energy
22nd Nov 2021 14:36
(Sharecast News) - British Gas said on Monday that it will take on customers from collapsed energy companies Neon Reef and Social Energy after they stopped trading las week.
Read moreCentrica postpones capital markets event
13th Oct 2021 08:39
(Sharecast News) - Electric services company Centrica said on Wednesday that it had decided to postpone its capital markets event scheduled for 16 November.
Read morePush for 'net zero' emissions could have significant impact on inflation, Capital Economics says
28th Sep 2021 10:47
(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.
Read moreRedundancies 'likely' at People's Energy, says administrator
27th Sep 2021 14:26
(Sharecast News) - Administrators have been appointed to gas and electricity supplier People's Energy after it collapsed in the wake of soaring wholesale gas prices, with redundancies 'likely', officials said on Monday.
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