NGG

National Grid remains an income stock, not a growth play, despite recent share price gains and a 4% dividend increase. NGG's heavy capital expenditure—£70bn over five years—continues to drive up net debt, now at £48.6bn, raising long-term dividend sustainability concerns. The stock trades at a P/E of 20 and an enterprise value 21x last year's operating profit, which I view as overvalued for a utility with rising debt.

National Grid plc remains a Buy, supported by robust H1 results, a reliable inflation-protected dividend, and a substantial regulated asset base growth strategy. NGG's capital investment surged 32%, with 98% directed to core UK and the U.S. regulated networks, underpinning future earnings and dividend growth. Forward guidance targets ~9% ROE in UK Electricity Transmission and improved operational outperformance in Distribution, with regulated returns largely insulated from interest rate risk.

National Grid plc (NGG) Q2 2027 Earnings Call Transcript

In Q3 2026, the portfolio underperformed its benchmark, the MSCI All Country World Index. On a positive note, our stock selection in the health care sector led to significant outperformance relative to those in the benchmark. Numerous portfolio moves were made during the quarter, but our focus remained on our three main investment themes: electrification, financials and aerospace and defense.

National Grid PLC (LSE:NG.), the energy network operator, is expected to report a record first-half operating profit, but UBS has maintained its 'sell' rating ahead of results on November 5.

National Grid PLC (LSE:NG.) raised its earnings growth outlook following stronger performance at NGV, but Jefferies retained its 'hold' rating and 1,300p price target.

Investors with an interest in Alternative Energy - Other stocks have likely encountered both National Grid (NGG) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks?

Investors with an interest in Alternative Energy - Other stocks have likely encountered both National Grid (NGG) and Ormat Technologies (ORA). But which of these two stocks offers value investors a better bang for their buck right now?

Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of National Grid (NGG) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now?

Strategic investment will support Terragrit's continued growth and bring a faster, more accessible approach to testing operational decisions across the energy sector NEW YORK, Sept. 17, 2026 /PRNewswire/ -- Terragrit, the leading AI platform for simulating changes to physical operations, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE: NGG).