for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Oersted A/S

ORSTED.CO

Latest Trade

925.00DKK

Change

14.00(+1.54%)

Volume

421,047

Today's Range

892.00

 - 

925.00

52 Week Range

818.20

 - 

1,400.50

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

Pricing

Previous Close
911.00
Open
905.00
Volume
421,047
3M AVG Volume
9.04
Today's High
925.00
Today's Low
892.00
52 Week High
1,400.50
52 Week Low
818.20
Shares Out (MIL)
420.07
Market Cap (MIL)
382,967.20
Forward P/E
33.73
Dividend (Yield %)
1.26

Next Event

Q3 2021 Orsted A/S Earnings Release

Latest Developments

More

Orsted A/S Says Co Brings In Glennmont Partners As A 50% Shareholder Of Borkum Riffgrund 3 Offshore Wind Farm

ZE Pak Signs Letter With Orsted Wind Power On Offshore Wind Farms

Ørsted Signs EUR 2 Bln Revolving Credit Facility

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

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

7000

Denmark

+45.null.9551111

https://www.orsted.com/

Executive Leadership

Thomas Thune Andersen

Independent Chairman of the Board

Mads Nipper

Group President, Chief Executive Officer, Member of the Executive Board

Martin Neubert

Chief Commercial Officer, Deputy Group Chief Executive Officer

Lene Skole-Soerensen

Independent Deputy Chairman of the Board

Marianne Wiinholt

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

Key Stats

2.75 mean rating - 28 analysts
Sell
Hold
Buy
Revenue (MM, DKK)

2018

75.5K

2019

70.4K

2020

50.2K

2021(E)

56.5K
EPS (DKK)

2018

42.400

2019

15.500

2020

36.000

2021(E)

27.002
Price To Earnings (TTM)
20.73
Price To Sales (TTM)
7.03
Price To Book (MRQ)
4.08
Price To Cash Flow (TTM)
14.16
Total Debt To Equity (MRQ)
53.28
LT Debt To Equity (MRQ)
42.05
Return on Investment (TTM)
11.96
Return on Equity (TTM)
9.19

Latest News

Latest News

Orsted sells 50% of its German offshore wind farm Borkum Riffgrund 3

Danish renewables firm Orsted A/S said on Tuesday it had signed an agreement to sell 50% of its 900-megawatt (MW) German offshore wind farm Borkum Riffgrund 3 to fund manager Glennmont Partners.

Lighter winds slow progress at offshore firms Orsted, RWE

Orsted and RWE, the world's two largest offshore wind players, both suffered from lighter winds in the first half of the year, highlighting how profits in the booming industry remain tied to weather conditions.

U.S. must speed up offshore wind permits to hit Biden target, Orsted says

The United States must speed up project permits if it is to meet the Biden administration's 2030 target for offshore wind power, major developer Orsted said on Thursday.

New Jersey awards Orsted, Shell, EDF offshore wind farm tenders

New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7,000 jobs.

Orsted investors fear it’s flying close to the sun

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

Orsted plans $57 billion drive to be No.1 in green energy

Orsted, the world's largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition.

Poland's PGE and Denmark's Orsted complete Baltic wind power deal

Poland's biggest power group PGE and Denmark's Orsted have finalised a deal to jointly develop two offshore wind projects in the Baltic Sea, PGE said on Thursday.

Orsted plans bid for North Sea renewables energy island

Wind farm developer Orsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world's first energy island in the North Sea.

Orsted makes $631 million onshore wind acquisition in Ireland

Renewable energy group Orsted has agreed to buy Brookfield Renewable's Ireland and UK onshore wind business, its first step into Europe's onshore wind market, in a deal valued at 571 million euros ($683 million).

Orsted plans wind farm, hydrogen plant at North Sea Port

Denmark's Orsted plans to develop an offshore wind farm and adjacent hydrogen plant at the North Sea Port straddling the Dutch-Belgian border, the company said on Wednesday.

Orsted agrees power supply deal with Target and Hormel from Nebraska wind farm

Denmark's Orsted on Thursday said it will deliver power to the retail chain Target and food company Hormel from its Nebraska wind farm Haystack Wind.

Poland's PGE, Denmark's Orsted clinch final deal on Baltic wind projects

Poland's biggest power group PGE and Denmark's Orsted clinched a final deal on Wednesday to jointly develop two offshore wind projects in the Baltic Sea, with a combined capacity of 2.5 gigawatts (GW), the firms said.

Orsted takes final invest decision on green hydrogen plant

Energy group Orsted said on Wednesday it had made a final investment decision on a 2 megawatt green hydrogen plant in Copenhagen that will use power from wind turbines to produce about 1,000 kg of hydrogen a day from late 2021.

Denmark's Orsted's shares drop after it forecasts lower wind speeds

Shares in offshore wind farm developer Orsted fell sharply in early trading on Wednesday after it said a return to more normal wind speeds this year would hit operating profit.

Amazon, Orsted sign deal for German offshore wind

Amazon has signed a 10-year offshore wind power purchase agreement (PPA) with Danish renewables firm Orsted, they said in a joint statement on Thursday.

Glencore takes over Orsted's LNG supply contracts following acquisition

Glencore said on Tuesday it has taken over a number of liquefied natural gas (LNG) supply contracts from Danish energy group Orsted following an acquisition of the company by its oil division.

Orsted wins right to stick with 19th century physicist's name

Danish energy group Orsted has won a dispute with descendants of scientist Hans Christian Orsted over the legal right to use his name, the Supreme Court ruled on Monday.

Orsted says largest Dutch offshore wind farm ready to deliver

Danish energy firm Orsted said on Friday it had finished building the largest offshore wind farm of the Netherlands, the first in a range that should boost the country's share of sustainable energy in the coming decade.

Orsted joins auction for German solar firm ib vogt: sources

Denmark's Orsted <ORSTED.CO>, the world's largest offshore wind farm operator, has joined the race to buy German solar project firm ib vogt, two people familiar with the matter said, in a sign that competition for renewable assets is heating up.

Shell hires Orsted's Brostrom to lead global renewables unit

Royal Dutch Shell <RDSa.L> has hired Orsted's <ORSTED.CO> North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday.

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up