5/17/2023 0 Comments National grid plcbusiness, focused around transmission assets, to push growth. So National Grid has been investing in its U.S. market is mature and pretty small, relatively speaking, when you compare it to the United States (it's about the size of Texas). Which brings us to the biggest risk facing National Grid today: growth. Here's how the company is thinking about its businesses going forward: That's a vastly different picture, and you need to be well aware of this fact if you're going to invest in National Grid. electric and gas operations make up roughly two thirds of its operating profits. market National Grid's big business is in the United Kingdom. The problem with this is that Duke and Southern are a little different because they are focused on the U.S. But National Grid's 4.5% or so is at the top-end of the list, which might draw some attention from a few income investors. The yields of all three are all around the same, too. utility giants like Southern Company ( SO 0.40%) and Duke Energy ( DUK 0.06%), which weigh in at roughly $45 billion and $53 billion, respectively. National Grid's roughly $50 billion market cap ranks up there with U.S. This expansion is obviously an opportunity, but it's also the biggest threat National Grid faces today. utility expanding across the pond into the U.S. But once you look a little closer, you see that it's really a U.K. On the surface, National Grid Transco (NYSE: NGG) looks like a boring old utility.
0 Comments
Leave a Reply. |