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2023-09-05 13:07:16 ET Summary DNNGY's shares lost 25% in a single day after the company announced impairments to its U.S. wind portfolio. Offshore wind has been plagued by structural problems such as rising interest rates, materials inflation and deglobalization, which adds furth...
2023-09-03 03:39:29 ET Summary Ørsted's share price plunges 25% after announcing major setbacks in a conference call. Wind power industry facing challenges with supply chain issues and drying subsidies. Loss of trust in Ørsted likely contributes to the drop in share ...
2023-08-31 05:49:45 ET Summary Orsted, and renewable energy producers in general, have suffered from a number of headwinds in the last few years. As a result, investors are a lot less enthusiastic. Orsted further complicated things by making some mistakes, including a flawed hedgi...
2023-08-30 10:58:27 ET Summary Ørsted's stock has declined by 10.2% since February and 18% over the past year, along with the S&P Global Clean Energy Index on falling energy prices. Despite the decline, Ørsted's price-to-earnings ratio has increased, indicating its p...
2023-08-22 16:56:53 ET More on Ørsted and Eversource Energy: Ørsted: Solid Renewables Company, Undervalued With Strong Pipeline Eversource Energy: A Solid Utility Selling At An Attractive Valuation Eversource Energy: Concerned About Regulatory Environment ...
2023-08-10 20:19:04 ET Ørsted A/S (DNNGY) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Mads Nipper - Group President and CEO Daniel Lerup - CFO Conference Call Participants Kristian Johansen - SEB Harry Wyburd ...
2023-08-10 14:24:23 ET Ørsted A/S press release ( OTCPK:DNNGY ): 1H operating profit (EBITDA) was in line with company's expectations and amounted to Kr.10.2 billion. Earnings from offshore sites amounted to Kr.9.0 billion, which was Kr.3.3 billion higher t...
2023-07-22 10:38:25 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Governments, companies and consumers are striving to be environmentally friendly and to promote the use of green energy like never before. In this new green era, many renewable energy stocks ...
2023-07-05 14:32:42 ET The U.S. Bureau of Ocean Energy Management approved Ørsted's ( OTCPK:DNNGY ) Ocean Wind 1 project Wednesday, setting the stage for the installation of as many as 98 turbines off the coast of New Jersey. The project is estimated to have a generating ca...
2023-06-30 18:36:34 ET A bill to let offshore wind developer Ørsted ( OTCPK:DNNGY ) keep tax credits that it otherwise would have to return to New Jersey ratepayers was narrowly approved by the state legislature Friday. The bill to allow Ørsted ( OTCPK:DNNGY )...