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MarketScreener Homepage  >  Equities  >  Xetra  >  RWE    RWE   DE0007037129

RWE

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RWE CFO Says Company Looking to Expand Renewables Footprint in U.S. -- Reuters

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04/17/2019 | 12:07pm EDT

--The CFO of Germany's RWE AG (RWEOY) said the utility is planning a large expansion of its businesses in the U.S. over the next few years, Reuters reported Wednesday.

--Markus Krebber said the company's focus would be on wind- and solar-generated power, the report said.

--RWE will acquire the assets of two German energy companies in the U.S., and will work to expand the existing 3 gigawatts of renewable energy to 8 GW, according to the report.

Full story: https://www.reuters.com/article/us-rwe-renewables-expansion-exclusive/exclusive-rwe-cfo-maps-out-planned-expansion-in-renewables-u-s-in-focus-idUSKCN1RT1CQ

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
RWE 0.26% 23.3 Delayed Quote.22.54%
WTI -0.43% 62.48 Delayed Quote.39.63%
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Financials (€)
Sales 2019 13 206 M
EBIT 2019 791 M
Net income 2019 543 M
Debt 2019 7 972 M
Yield 2019 3,44%
P/E ratio 2019 23,62
P/E ratio 2020 14,24
EV / Sales 2019 1,69x
EV / Sales 2020 1,45x
Capitalization 14 349 M
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Technical analysis trends RWE
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 24,6 €
Spread / Average Target 5,4%
EPS Revisions
Managers
NameTitle
Rolf Martin Schmitz Chief Executive Officer
Werner Brandt Chairman-Supervisory Board
Markus Krebber Chief Financial Officer
Frank-Detlef Drake VP, Head-Corporate Research & Development
Frank Bsirske Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
RWE22.54%16 003
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SEMPRA ENERGY21.25%35 994
NATIONAL GRID PLC6.67%35 498
ORSTED AS21.18%33 150