Geopolitics Alpha

France's Engie reports earnings beat on higher revenue from grid networks

Published . Updated .

Covered by 2 outlets: Reuters, Euronext Markets: Real-time Stock Market Data | live.

Who covered it: Center 1 · Not rated 1. How we rate outlets

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAFrance's Engie reports earningsbeat on higher revenue from gridnetworksGEOPOLITICS ALPHA

Nov 5 (Reuters) - French utility Engie on Thursday reported a 9.7% rise in first-nine-months earnings, beating market estimates due to higher revenue from grid networks. Europe's largest gas network operator said earnings before interest and taxes, excluding nuclear, for the

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-16.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XLU Utilities Select Sector SPDR+2.1% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “utility” (power and utilities) in this story.

  • EWQ iShares MSCI France ETF-6.3% 8d

    iShares MSCI France ETF holds stocks listed in France, which this story is about (“france”).

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • NEE NextEra Energy+10.5% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • LNG Cheniere Energy+13.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • NGG National Grid-1.9% 15d

    National Grid (natural gas transmission, with business in Europe): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLENo price data for this ticker———————
XLUNo price data for this ticker———————
EWQ-3.38%-2.62%baseafter closeafter closeafter closeafter close
VGKNo price data for this ticker———————
NEENo price data for this ticker———————
LNGNo price data for this ticker———————
NGGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

France's Engie reports earnings beat on higher revenue from grid networks Reuters

Source: Reuters

This story

CompanyWhenMoveStatus
EWQthree days earlier-2.62%final price
EWQfive days earlier-3.38%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“France's Engie reports earnings beat on higher revenue from grid networks” scores 25 out of 100. The score uses 2 sources.