Interest rate rise could put pressure on National Grid
Analyst comments follow group’s half-year update
Analysts nevertheless remain bearish on group
Jefferies continues to see grid operator as a ‘hold’
Earnings expected to come under pressure going forward
National Grid share price: Group updates market on full-year performance
Operating profit dipsMay 2017
National Grid share price: Group seen as ‘good hedge against Trump rally’
JPMorgan reiterates bullish stance on stockMarch 2017
National Grid share price sinks on hefty profit fall
Utility hopes to benefit after Trump victoryNovember 2016
National Grid share price: Group posts six-month report
Adjusted earnings per share come in at 28.2pNovember 2016
National Grid share price: Group's FY operating profit rises
Recommended full year dividend up 1.1%May 2016
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National Grid share price: company to sell UK gas meters business
National Grid looking to sell gas meters businessMay 2015
National Grid share price little changed as FY profits inch lower
National Grid has this morning announced a drop in full year profits. The company, however, has hiked its dividend in line with inflation and company policy.May 2015
National Grid share price: Company releases full-year figures
Group flags 'another successful year'May 2015
National Grid to join multibillion pipeline project in the US
Utility acquires 20pc stake in £1.94bn Access Northeast project in New EnglandFebruary 2015
National Grid share price: utility to sign deal for UK-Norway electricity connector
National Grid to sign €2 billion deal for UK-Norway electricity connector in partnership with Norwegian operator Statnett.March 2015
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About National Grid plc
National Grid Plc (LON:NG) is a British multinational electricity and gas utility company incorporated in July 2000. The company is headquartered in London.
National Grid has four main units: UK Transmission, UK Gas Distribution, US Regulated and Other activities. The company owns and operates the gas national transmission system and four of the eight regional gas distribution networks in Great Britain. Through its assets in New England and upstate New York National Grip serves around 3.5 million consumers.
The company acquired New England Electric System and Eastern Utilities Associates in 2000, as well as New York State utility Niagara Mohawk Holdings in 2002.
In 2002 National Grid merged with Lattice Group plc to form National Grid Transco plc, the UKâs largest utility, which changed its name back to National Grid in 2005. It then unified the majority of operating businesses under the National Grid name.
In 2004 National Grid acquired the UK subsidiary of Crown Castle International, thus creating a combined business as the major independent provider of infrastructure to the mobile telecommunications operators in the UK.
National Grid, listed on the London Stock Exchange, is a constituent of the FTSE 100 Index. It was floated in 1995 as National Grid Group plc. The company also has a secondary listing on the New York Stock Exchange.