Company National Grid plc

Equities

NG.

GB00BDR05C01

Multiline Utilities

Market Closed - London S.E. 12:35:18 2024-03-28 pm EDT 5-day change 1st Jan Change
1,066 GBX +0.42% Intraday chart for National Grid plc +0.76% +0.76%

Business Summary

National Grid plc specializes in owning and operating electricity and gas networks. Net sales break down by activity as follows:

- transmission and distribution in the United States (54.8%): electricity transmission (owned, at the end of March 2022, of 14,212 km of overhead lines, 175 km of underground cables and 399 substations), electricity distribution (111,513 km of distribution lines and 718 substations) and gas distribution (59,153 km of gas pipelines);

- operation of electricity networks for transmission operators in the United Kingdom (18.6%);

- electricity transmission in the United Kingdom (11%): owned 7,216 km of high-voltage network, 2,551 km of underground cables and 347 substations;

- electricity and gas distribution in the United Kingdom (7.9%): electricity distribution (89,372 km of overhead lines, 137,966 km of underground cables and 189,644 transformers) and gas distribution (7,628 km of gas pipelines);

- other (7.7%): telecom and interconnection activities among the various domestic electrical networks, liquefied natural gas storage activities, etc.

Net sales are distributed geographically as follows: the United Kingdom (36.3%) and the United States (63.7%).

As at 31 March 2022, the UK Gas Transmission business was classified as held for sale.

Number of employees: 29,450

Sales per Business

GBP in Million2022Weight2023Weight Delta
New York
32.3 %
5,561 30.1 % 6,994 32.3 % +25.77%
United Kingdom Electricity System Operator
21.5 %
3,437 18.6 % 4,659 21.5 % +35.55%
New England
20.4 %
4,550 24.7 % 4,427 20.4 % -2.70%
United Kingdom Electricity Distribution
9.4 %
1,468 8.0 % 2,033 9.4 % +38.49%
United Kingdom Electricity Transmission
9.0 %
2,028 11.0 % 1,946 9.0 % -4.04%
National Grid Ventures
5.9 %
- - 1,283 5.9 % -
Other
1.5 %
- - 317 1.5 % -

Sales per region

GBP in Million2022Weight2023Weight Delta
United States
55.6 %
10,646 57.7 % 12,048 55.6 % +13.17%
United Kingdom
44.4 %
7,803 42.3 % 9,611 44.4 % +23.17%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 12-06-30
Director of Finance/CFO 54 07-12-31
Chief Tech/Sci/R&D Officer 56 17-12-31
Investor Relations Contact - 19-09-30
Corporate Officer/Principal - -
Corporate Officer/Principal 45 15-04-30
Corporate Officer/Principal - Oct. 31
Corporate Officer/Principal - 00-12-31
General Counsel - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 21-08-31
Director/Board Member 62 22-07-10
Chairman 67 20-12-31
Director/Board Member 58 21-07-31
Director/Board Member 67 19-05-15
Director/Board Member 58 21-08-31
Director/Board Member 66 18-12-31
Chief Executive Officer 55 12-06-30
Director of Finance/CFO 54 07-12-31
Director/Board Member 53 Dec. 31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,967,252,413 3,714,564,404 ( 93.63 %) 247,530,114 ( 6.239 %) 93.63 %

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
3.946 %
146,778,981 3.946 % 1 926 M p
Capital Research & Management Co. (Global Investors)
3.241 %
120,548,514 3.241 % 1 582 M p
BlackRock Fund Advisors
3.011 %
112,018,000 3.011 % 1 470 M p
Abu Dhabi Investment Authority (Investment Management)
2.956 %
109,961,860 2.956 % 1 443 M p
BlackRock Investment Management (UK) Ltd.
2.106 %
78,340,865 2.106 % 1 028 M p
Norges Bank Investment Management
1.954 %
72,681,000 1.954 % 954 M p
Merrill Lynch International (Investment Management)
1.833 %
68,166,744 1.833 % 895 M p
Capital Research & Management Co. (World Investors)
1.792 %
66,674,278 1.792 % 875 M p
Legal & General Investment Management Ltd.
1.730 %
64,337,356 1.730 % 844 M p
Lazard Asset Management LLC
1.624 %
60,390,025 1.624 % 793 M p
NameEquities%Valuation
U.S. Trust Company of Delaware
0.4734 %
3,521,479 0.4734 % 235 M p
Renaissance Technologies LLC
0.4469 %
3,324,954 0.4469 % 222 M p
Federated Investment Counseling
0.3960 %
2,945,746 0.3960 % 196 M p
RBC Private Counsel (USA), Inc.
0.3636 %
2,705,248 0.3636 % 180 M p
Fidelity Management & Research Co. LLC
0.3170 %
2,358,464 0.3170 % 157 M p
Eaton Vance Management
0.2530 %
1,882,169 0.2530 % 125 M p
The Ayco Co. LP
0.2210 %
1,644,235 0.2210 % 110 M p
Wells Fargo Bank NA
0.2055 %
1,528,907 0.2055 % 102 M p
JPMorgan Investment Management, Inc.
0.1955 %
1,454,593 0.1955 % 97 M p
Raymond James & Associates, Inc.
0.1695 %
1,260,656 0.1695 % 84 M p

Company contact information

National Grid Plc

1-3 Strand Grand Buildings

WC2N 5EH, London

+44 20 7004 3000

http://www.nationalgrid.com
address National Grid plc(NG.)

Group companies

NameCategory and Sector
Gas Distributors
Electric Utilities
Electric Utilities
Electric Utilities
Gas Distributors
Gas Distributors
Alternative Power Generation
NGG Finance Plc
Finance/Rental/Leasing
Electric Utilities

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
10.66 GBP
Average target price
11.63 GBP
Spread / Average Target
+9.12%
Consensus