We See Light at End of the US Tunnel for Orsted
With 10.2 gigawatts of gross offshore wind capacity and 4.9 GW of net capacity at the end of 2024, Orsted is the leader in offshore wind, an industry that it pioneered in the 1990s.
Orsted AS ORSTED
Bulls Say, Bears Say
Bulls
The rights issue and the farm-down of Hornsea 3 considerably shored up Orsted's balance sheet.
Bears
A victory of the Reform UK party at the next general elections would be negative for the UK offshore wind industry, which is led by Orsted.
News
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U.K. Power Companies' Shares Slide on Possible Government Intervention — Update
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U.K. Power Companies' Shares Slide on Prospect of Government Intervention
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Orsted Sells Onshore Business for $1.7 Billion After Judge Rules U.S. Wind Project Can Resume — Update
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Orsted Shares Jump as U.S. Judge Rules Work Can -2-
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Orsted Shares Jump as U.S. Judge Rules Work Can Resume at Revolution Wind Project — Commodities Roundup
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Orsted Shares Jump as U.S. Judge Rules Work Can Resume at Revolution Wind Project
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Orsted's Revolution Wind to File Injunction Against U.S. Construction Halt
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Trump stops offshore wind projects. 'The pause could last weeks to months,' analysts warn.
Trading Information
- Previous Close Price
- DKK 150.35
- Day Range
- DKK 148.90–151.05
- 52-Week Range
- DKK 96.38–182.02
- Bid/Ask
- DKK 149.25 / DKK 149.45
- Shares Outstanding
- 1.32B
- Market Cap
- DKK 197.63B
- Volume/Avg
- 969,593 / 1M
Key Statistics
- Price/Earnings (Normalized)
- 38.15
- Price/Sales
- 2.23
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 9.9 gigawatts of offshore wind farms at the end of 2024. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US. Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Large Growth
- Total Number of Employees
- 7,675
- Website
- https://www.orsted.com
Competitors
Valuation
|
Metric
|
ORSTED
|
RWE
|
SSE
|
|---|---|---|---|
Price/Earnings (Normalized) | 38.15 | 22.81 | 21.32 |
Price/Book Value | 1.64 | 1.16 | 2.36 |
Price/Sales | 2.23 | 2.67 | 2.79 |
Price/Cash Flow | 10.34 | 6.60 | 9.54 |
Price/Earnings
ORSTED
RWE
SSE
Financial Strength
|
Metric
|
ORSTED
|
RWE
|
SSE
|
|---|---|---|---|
Quick Ratio | 1.67 | 1.09 | 0.88 |
Current Ratio | 2.16 | 1.26 | 1.20 |
Interest Coverage | 2.22 | 2.61 | 6.22 |
Quick Ratio
ORSTED
RWE
SSE
Profitability
|
Metric
|
ORSTED
|
RWE
|
SSE
|
|---|---|---|---|
Return on Assets (Normalized) | 1.78% | 3.05% | 5.46% |
Return on Equity (Normalized) | 6.49% | 9.11% | 16.09% |
Return on Invested Capital (Normalized) | 3.38% | 3.99% | 7.34% |
Return on Assets
ORSTED
RWE
SSE
Utilities - Renewable Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Orsted AS ADR
DNNGY
| — | LOCK|PX | $30B | |||
| Verbund AG ADR
OEZVY
| — | LOCK|YS& | $24B | |||
| Axia Energia Preferred C ADS
AXIApC
| — | LOCK|!Y$ | $23B | |||
| Axia Energia ADR
AXIA
| — | LOCK|HHc | $23B | |||
| Fortum Oyj
FOJCF
| — | LOCK|g&Jmp | $21B | |||
| Fortum Oyj ADR
FOJCY
| — | LOCK|$y!Q? | $21B | |||
| EDP Renewables SA ADR
EDRVY
| — | LOCK|>t | $17B | |||
| EDP Renewables SA
EDRVF
| — | LOCK|^m& | $17B | |||
| Brookfield Renewable Partners LP
BEP
| LOCK|G%sMf@c | LOCK|pv | $10B | |||
| Brookfield Renewable Corp Ordinary Shares - Class A (Exchangeable Sub Voting)
BEPC
| LOCK|^BhqK#CN | LOCK|tfK | $6B |
United States