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Oersted A/S

ORSTED.CO

Latest Trade

1,035.50DKK

Change

-18.50(-1.76%)

Volume

511,871

Today's Range

1,025.50

 - 

1,063.50

52 Week Range

546.00

 - 

1,140.00

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

Pricing

Previous Close
1,054.00
Open
1,054.50
Volume
511,871
3M AVG Volume
9.75
Today's High
1,063.50
Today's Low
1,025.50
52 Week High
1,140.00
52 Week Low
546.00
Shares Out (MIL)
419.99
Market Cap (MIL)
443,081.70
Forward P/E
27.95
Dividend (Yield %)
1.00

Next Event

Orsted A/S at Wells Fargo Virtual Midstream and Utility Symposium (Virtual)

Latest Developments

More

Ørsted Divests 25% Of Ocean Wind To Pseg

Orsted Appeals Against Decision From Danish Tax Agency On Danish Taxation Of Two Offshore Wind Farms In UK

Ørsted Enters 325 MW Route-To-Market Agreement In The Netherlands

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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

Henrik Poulsen

President, Chief Executive Officer, Member of the Executive Board

Lene Skole-Soerensen

Independent Deputy Chairman of the Board

Marianne Wiinholt

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

Henriette Fenger Ellekrog

Chief Human Resource Officer, Executive Vice President

Key Stats

2.75 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, DKK)

2017

59.5K

2018

75.5K

2019

70.4K

2020(E)

59.9K
EPS (DKK)

2017

29.900

2018

42.400

2019

15.500

2020(E)

35.960
Price To Earnings (TTM)
28.57
Price To Sales (TTM)
7.80
Price To Book (MRQ)
4.73
Price To Cash Flow (TTM)
18.59
Total Debt To Equity (MRQ)
43.38
LT Debt To Equity (MRQ)
39.68
Return on Investment (TTM)
10.34
Return on Equity (TTM)
8.37

Latest News

Latest News

Shares in Denmark's Orsted drop after $1.1 billion tax claim on UK wind farms

Shares in energy group Orsted fell more than 4% on Wednesday after the Danish authorities claimed 6.6 billion Danish crowns ($1.07 billion) in taxes relating to the development of two British wind farms.

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.

Shell hires Orsted's Brostrom to lead global renewables unit

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

Orsted beats second-quarter expectations despite lower power demand

Denmark's Orsted <ORSTED.CO> on Wednesday beat second-quarter operating profit expectations but said lockdown measures had hurt demand for its electricity.

Orsted beats second-quarter expectations despite lower power demand

Denmark's Orsted <ORSTED.CO> on Wednesday beat second-quarter operating profit expectations but said lockdown measures had hurt demand for its electricity.

Denmark's Orsted, Taiwan's TSMC sign world's largest renewable corporate power deal

Denmark's Orsted <ORSTED.CO> said on Wednesday that Taiwan Semiconductor Manufacturing Co <2330.TW> has agreed to buy the entire power production from its third offshore wind farm in the Asian country.

Danish fund manager CIP aims for world's largest renewable infrastructure fund

Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world's largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns (£12 billion).

CEO of wind farm group Orsted to step down

Orsted <ORSTED.CO> Chief Executive Henrik Poulsen has resigned after eight years at the helm of the Danish offshore wind farm developer, the company said on Monday.

Offshore wind firm Orsted beats profit forecasts

Orsted <ORSTED.CO> beat first-quarter profit expectations on Wednesday and said the coronavirus would not "materially" hit earnings this year although it might slow U.S. projects.

Offshore wind firm Orsted first-quarter profit tops forecasts

Orsted beat first-quarter profit expectations on Wednesday and said the coronavirus would not "materially" hit earnings this year although it might slow U.S. projects.

Orsted hopes coronavirus will not slow Japan's offshore wind projects

* Interactive graphic tracking global spread of coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser

Offshore wind firm Orsted sticks to outlook despite virus uncertainty

Orsted <ORSTED.CO>, the world's biggest developer of offshore wind, said on Wednesday it was sticking with its outlook for this year despite the coronavirus outbreak.

Oil crash makes Danish wind power firm the Nordics' biggest energy company

The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels.

Offshore wind giant Orsted favors small deals over big M&A: CEO

Denmark's Orsted <ORSTED.CO>, the world's largest operator of offshore wind parks, plans to steer clear of super-sized takeovers, its chief executive said on Tuesday, preferring small deals to keep the group among the biggest renewable players.

Orsted CEO favours small deals over big M&A

Denmark's Orsted, the world's largest operator of offshore wind parks, plans to steer clear of super-sized takeovers, its chief executive said on Tuesday, opting instead for a string of small deals as a strategy to grow.

Offshore wind developer Orsted secures money for renewable hydrogen project

Danish energy firm Orsted <ORSTED.CO> said on Friday it had secured funding for a demonstration project using offshore wind power to produce renewable hydrogen to power buses, lorries and potentially taxis.

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

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