Naturgy Energy Group SA
NTGY: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.! | LOCK|b<!^d | LOCK|JkzNz!H |
Naturgy: BlackRock's GIP Completes Exit; Share Price Weakness Creates Opportunity
Naturgy shares fell 8% at the market open following BlackRock’s Global Infrastructure Partners’ accelerated placement of its remaining 2.79 million shares, or 11.4% of capital, at EUR 25.20 per share. The transaction was priced at roughly a 6% discount to the prior close of EUR 26.70.
