SRG.MI
Latest Trade
4.19EURChange
0.04(+1.06%)Volume
8,498,180Today's Range
-
4.2352 Week Range
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5.11As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay
Previous Close | 4.15 |
|---|---|
Open | 4.10 |
Volume | 8,498,180 |
3M AVG Volume | 152.70 |
Today's High | 4.23 |
Today's Low | 4.04 |
52 Week High | 5.11 |
52 Week Low | 3.18 |
Shares Out (MIL) | 3,258.44 |
Market Cap (MIL) | 13,934.12 |
Forward P/E | -- |
Dividend (Yield %) | 5.73 |
Snam Signs MoUs In LNG, Collaboration And Research Deal In Israel
Snam Signs Deal With CVA To Promote Hydrogen And Energy Transition In Valle D'Aosta Region
Snam Approves Renewal Of EMTN, ECP Programs And Relative Issuances
Snam SpA is an Italy-based company engaged in the management of natural gas services. The Company is diversified into four operating segments. The Transportation segment covers transportation-related gas services, including capacity management and transportation of the gas at the entry points of the gas network to the redelivery points. It owns transportation infrastructures of gas pipelines. The Regasification segment is focused on extraction activities of natural gas, its liquefaction for transport by ship and subsequent regasification. The Storage segment covers deposits, gas treatment plants, compression plants and the operational dispatching system. The Distribution segment engages gas distribution through local transportation networks from delivery points at the metering and reduction stations to the gas distribution network redelivery points at the end customers. Additionally, Snam SpA as the parent company, focuses on planning, management, coordination and control of the group.
Industry
Natural Gas Utilities
Executive Leadership
Luca Dal Fabbro
Independent Chairman of the Board
Marco Alvera
Chief Executive Officer, Director
Alessandra Pasini
Chief Financial Officer, Chief International & Business Development Officer
Paola Boromei
Executive Vice President of Human Resources & Organisation
Camilla Alessandra Palladino
Executive Vice President of Corporate Strategy and Investor Relations
Price To Earnings (TTM) | 12.96 |
|---|---|
Price To Sales (TTM) | 5.20 |
Price To Book (MRQ) | 2.18 |
Price To Cash Flow (TTM) | 7.95 |
Total Debt To Equity (MRQ) | 257.06 |
LT Debt To Equity (MRQ) | 175.00 |
Return on Investment (TTM) | 6.14 |
Return on Equity (TTM) | 4.53 |
Italian rail operator Ferrovie dello Stato (FS) has signed an agreement with Europe's biggest gas transport group Snam to study using hydrogen for its transport network.
State-owned Kuwait Petroleum Corporation (KPC) is expected in a matter of weeks to select the winner of a tender to run a liquefied natural gas (LNG) import facility, the head of Italian gas grid group Snam said on Saturday.
Italy could become a clean energy hub for Europe by importing hydrogen produced in North Africa from solar power at 10-15% less than it costs to produce locally, a study by consultancy The European House-Ambrosetti and Italian gas group Snam <SRG.MI> said on Saturday.
Italian gas company Snam reported a rise in first-half revenue on Thursday as an increase in tariffs offset a decrease in natural gas volumes transported due to COVID-19 and milder temperatures.
Italian gas company Snam reported a rise in first-half revenue on Thursday as an increase in tariffs offset a decrease in natural gas volumes transported due to COVID-19 and milder temperatures.
Snam and oilfield service giant Baker Hughes Co have successfully completed tests for a "hybrid" turbine that will allow transportation pipelines to carry hydrogen along with natural gas, the Italian gas company said on Monday.
Italian gas company Snam stuck to its dividend policy after saying it did not expect any major impact from the coronavirus pandemic on its business outlook.
Italian gas company Snam can't reliably calculate the effects of the coronavirus pandemic on its business outlook but doesn't see any major impact, it said on Thursday.
* NET FINANCIAL DEBT AT EUR 12.256 BILLION (NOT MILLION) AT END-MARCH VERSUS EUR 11.923 BILLION (NOT MILLION) AT END-DEC
* POSTPONES SHAREHOLDERS' MEETING TO JUNE 18 DUE COVID-19 CRISIS Source text for Eikon: Further company coverage: (Gdansk Newsroom)
Italian gas grid operator Snam has put in place emergency measures to ensure it can keep gas flowing during the coronavirus outbreak.
Italy's Snam Chief Executive Marco Alvera says:
Italy's Snam Chief Executive Marco Alvera says:
* ON CORONAVIRUS CRISIS, COMPANY UNABLE TO RELIABLY DETERMINE ANY REPERCUSSIONS ON 2020 RESULTS OR ANY IMPLICATIONS FOR SUBSEQUENT YEARS
Europe's biggest gas pipeline company Snam <SRG.MI> pledged on Thursday to spend more money on new green business lines and set up a new hydrogen unit as it moves to position itself for the industry-wide transition to cleaner energy sources.
Italy's Snam is working on a bid for a stake in a $6 billion natural gas pipeline in the United States in what would be the gas group's first foray outside Europe, four sources told Reuters.
Italian gas group Snam is interested in partnering or investing in China's planned national oil and gas pipeline company, the head of Italy's sovereign wealth fund said on Wednesday.
Italian regional utility Iren is considering selling its 49.1% stake in the country's second-biggest liquefied natural gas terminal and has been in touch with possible buyers, including gas infrastructure group Snam, sources said.
Italian gas group Snam said its net profit in the first quarter jumped 11.4%, boosted by higher revenues from its core transport business.
Italian gas group Snam <SRG.MI> has a deal with Seat, a unit of German car maker Volkswagen <VOWD_p.DE>, to boost the use of natural gas to power cars, the two companies said on Monday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.