General presentation of Engie:
Engie is a French company whose objective is to respond to current energy and environmental challenges. It offers solutions to individuals, municipalities and companies based on a diversified gas supply and an ecological electricity production park.
It's also an energy supplier in direct competition with one of the largest such as EDF.
The Engie group currently employs over 160,000 people worldwide and generated revenue of € 60.6 billion in 2018.
Knowing Engie shares competition:
The French group Engie is currently number two in the electricity production and distribution sector in France. But it also exports its energy to Europe and the world and as such faces more or less strong competition. So check out the ranking of the largest electricity producers in the world and Engie's direct competition here:
- EDF: the leader in terms of production capacity
- Engie: takes second place in the ranking
- China Datang: is currently third in the world
- Italian Enel : is fourth in the ranking.
- E.ON: in Germany
- TEPCO: Next comes TEPCO in Japan
- RWE: in Germany.
- Iberdrola: in Spain
The strategic alliances set up by the Engie group:
The Engie group has also developed a number of strategic partnerships in recent years, particularly with regard to its international development and technological innovation. Here are the main alliances put in place.
- Crédit Agricole: In 2013, it signed a strategic partnership with Crédit Agricole aimed at developing its onshore wind farm in the years to come.
- Mitsui: Also in 2013, it a partnership with the Japanese company Mitsui, which takes a 20% stake in the construction of a giant dam in Jirau.
- BNP Paribas: In 2015, Engie joined forces with BNP Paribas to set up a pilot collaborative factoring program internationally.
- General Electric: In 2016, Engie and General Electric also became partners and strengthened their cooperation in digital development, essentially to improve the performance of the production assets of the Engie group.
- Schneider Electric: In 2017, the Schneider Electric group became partners with Engie by equipping the group's wind and solar farms with its technological control and data management software.
- Arvalis: In 2019, the Engie group also set up a strategic partnership with the company Arvalis in order to boost Intermediate Energy and develop knowledge of these intermediate cultures. This partnership is particularly aimed at promoting the development of the biome thane sector by improving knowledge concerning the production of biomass and promoting their dissemination.
Introduction and stock quote of the Engie share:
The Engie share is listed in Paris, Brussels and Luxembourg and is included the calculation of the CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone stock market indices.
Stock market data
- In 2019, Engie totalled a market capitalization which reached 33,935.70 Million EUR.
- The number of securities issued by Engie and currently in circulation on the stock market is around 2,435,285,011.
- The Engie share price is currently listed on compartment A of the Euronext Paris market in France.
- The Engie Company is also part of the composition of the Belgian national stock market index BEL20.
- The shareholding of the Engie Company is made up of 23.64% of the French State shares, 4.97% of BlackRock shares, 3.97% of group employee shares s, 1.83% of Caisse des Dépôts and consignments shares and 0.98% treasury shares.
To help you better understand the future movements of the Engie share, it's important to know the events that have had an impact on it in the past. Here's a historical reminder of the most recent facts:
- It was in 2009 that the CRE (French energy regulatory commission) made the formula for calculating GDF Suez's supply costs public.
- In 2010, the group announced its alliance with the British International Power which led to the creation of New International Power for 70% of the Capital of International Power. The group became leader in the utility sector.
- In 2013, the group announced the acquisition of Balfour Beatty Workplace for an unknown amount.
- In 2014, GDF Suez bought the American group Ecova in energy optimization for $ 335 million.
- In 2015, GDF Suez announced a name change to become Engie. The same year, the group bought 95% of Solairedirect's shares for an unknown amount quadrupling its production of photovoltaic energy. Also in 2015, Engie acquired TSC, an Australian company specializing in energy services.
- In 2016, Engie signed an agreement with Gazprom to adjust the price of their long-term gas supply contracts. The same year, the group bought 80% of the Green Charge Network specializing in energy storage on batteries.
- In 2017, Engie got a contract in Saudi Arabia for the construction of a cogeneration power plant for $ 1.2 billion. The same year, it announced the sale of its stake in a joint venture with Asia and the United States to Dynergy for 3.3 billion euros and its 40% share in Nugen for 139 million euros. At the same time, it increased its stake in Compagnie du Vent from 59 to 100%.
- In 2018, the Engie group joined the CFBP as a pipeline supplier of propane.
- In 2019, the group announced the purchase of 90% of the shares for 8.6 billion dollars, of the TAG Company (Transportadora Associada de Gas), which is currently the largest owner of the natural gas transmission network in Brazil with more than 4,500 kilometres of gas pipeline.
- First of all, the Engie Group is today one of the world leaders in the field of energy transition, being the largest non-nuclear electricity producer, the first provider of energy efficiency services and the second largest provider of environmental services. This gives it a head start in this particularly buoyant market.
- We also appreciate the good distribution of the group's activities in several different geographical sectors, in particular energy in Europe for almost half of its revenues and energy internationally, energy services, N+GNL and gas or infrastructure for the rest of the revenues.
- Of course, Engie's positioning in the European market where it is one of the leaders is another advantage since it makes the most profit in this area.
- The organisation of the group into numerous operational entities in recent years also allows Engie to offer different services to one and the same customer and thus significantly increase its revenue sources and customer loyalty.
- The group also manages to develop and deliver on the commitments of its strategic plans, which tends to reassure investors, as does its particularly sound financial structure and the good confidence ratings obtained in recent years.
- Finally, Engie also offers excellent visibility on its dividend, which is also an undeniable asset.
- First of all, increasingly strict taxation and regulations are weighing on the Group's activities and profitability.
- It should also be noted that current market conditions are particularly difficult due to fluctuations in the price of oil or gas.
- With regard to the nuclear sector, many projects have also been frozen, particularly in European countries, which entails a risk of lower provisions in the more or less long term.
- Finally, the Group has also shown some signs of weakness in its activities and profitability in certain markets such as the Americas or Asia-Africa.