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Centrica Proposes Sale Of Direct Energy For $3.63 Bln To NRG Energy
Centrica HY Adjusted Operating Profit Down 14%
Centrica Says British Gas Ordered 1,000 All-Electric Vivaro-E Vans From Vauxhall
Centrica plc is an energy and services company. The Company's segments include Centrica Consumer, Centrica Business, and Exploration & Production. Centrica Consumer is focused on three areas, energy supply, in-home servicing and home solutions, with a geographic focus on the United Kingdom, Ireland and North America. Its United Kingdom Centrica Consumer segment is engaged in the supply of gas and electricity to residential customers in the United Kingdom. Centrica Business is focused on three areas, Energy Supply, Energy Optimization and Business Services & Solutions, with the geographic focus predominantly on the United Kingdom, Ireland, Continental Europe and North America. Its Exploration & Production segment is engaged in the production and processing of gas and oil and the development of new fields, principally within Spirit Energy, to maintain reserves in the United Kingdom and Europe.
Natural Gas Utilities
Millstream, Maidenhead Road
Chairman of the Board
Chris O' Shea
Group Chief Executive Officer, Executive Director
Johnathan Richard Ford
Chief Financial Officer, Director
Director - Technology and Engineering, Chairman of Centrica Innovations
Group Chief Information Officer
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Price To Sales (TTM)
Price To Book (MRQ)
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Total Debt To Equity (MRQ)
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Centrica Plc <CNA.L> on Friday said it was selling its North American subsidiary Direct Energy for $3.63 billion to U.S. integrated power firm NRG Energy <NRG.N>, clearing the way for the new head of the British Gas owner to focus on its home markets.
British Gas owner Centrica Plc posted lower first-half earnings on Friday partly due to the coronavirus crisis and said it would sell its North American business Direct Energy to NRG Energy for $3.63 billion in cash.
British Gas-owner Centrica on Thursday announced plans to restructure the group and remove about 5,000 jobs, while appointing Johnathan Ford as its new finance chief.
British Gas owner Centrica plans to cut around 5,000 jobs, almost 20% of its global workforce, it said on Thursday, as the energy utility deepens its restructuring efforts in the wake of the COVID-19 pandemic.
Britain's largest energy supplier British Gas will furlough around 3,800 employees as the coronavirus pandemic forces the company to scale back operations, parent Centrica said on Wednesday.
British Gas will furlough around 3,800 employees as the coronavirus pandemic forces the company to scale back operations, parent firm Centrica said on Wednesday.
British power supplier and energy group Centrica on Thursday cancelled its 2019 dividend payment and took more steps to cut costs, saying it expected customers to defer electricity bill payments and sees a drop in business usage due to a nationwide lockdown.
British-based power supplier and energy group Centrica on Thursday cancelled its 2019 dividend payment and took more steps to cut costs, saying it expected customers to defer electricity bill payments and sees a drop in business usage due to a nationwide lockdown.
* CENTRICA - FINANCIAL IMPACTS OF COVID-19 AND RELATED ECONOMIC WEAKNESS DIFFICULT TO QUANTIFY PRECISELY AT THIS STAGE.
British utility Centrica said on Tuesday its current finance chief Chris O'Shea will take over as the chief executive officer on an interim basis as its top boss Iain Conn steps down from the board with immediate effect after five years in the role.
* First major economy to legislate for net zero by 2050 (Updates with detail)
British utility Centrica has agreed a three-year partnership with car group Volkswagen to provide home charging hardware for new electric vehicle owners, it said on Wednesday.
* Centrica might not sell nuclear stake by end of year (Adds more detail after media call; share price)
London's blue-chip index was dragged lower on Thursday by steep falls in heavyweight bank Barclays and utility Centrica, while a rise in new coronavirus cases in China jolted broader risk sentiment.
British utility Centrica on Thursday posted a 35% slump in full-year operating profit, hurt by a government introduced price cap on energy bills as well as lower natural gas prices.
Charles Berry, the chairman of utility Centrica and engineering company Weir Group, is taking leave due to an unanticipated medical condition, the British companies said on Wednesday, without disclosing details about the ailment.
British utility Centrica said on Wednesday Chairman Charles Berry was taking leave due to an unanticipated medical condition.
British utility Centrica is on track to meet its full-year cash flow and earnings targets and on Thursday raised its expected efficiency savings by 50 million pounds ($65 million).
Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea's biggest oil and gas producers, according to a document sent to prospective buyers seen by Reuters.
Centrica has begun buying liquefied natural gas (LNG) from U.S. producer Cheniere under a long-term contract, the UK utility said in a statement on Monday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.