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Naturgy Energy Group SA (NTGY.MC)

NTGY.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Naturgy To Run Buy-Back Programme For Its Employees In Spain Who Choose To Get Part Of Salary In Shares
Wednesday, 6 May 2020 

May 6 (Reuters) - Naturgy Energy Group SA ::TO IMPLEMENT BUY-BACK PROGRAMME FOR DELIVERY TO ACTIVE EMPLOYEES OF GROUP IN SPAIN WHO CHOOSE TO HAVE PART OF SALARY PAID IN SHARES RATHER THAN IN CASH BY 2020.SHARES WILL BE PURCHASED AT MARKET PRICE, SUBJECT TO THE PRICE AND VOLUME CONDITIONS.NECESSARY SHARES WILL BE ACQUIRED ON BASIS OF REQUESTS RECEIVED FROM EMPLOYEES WITH A MAXIMUM LIMIT OF 800,000 SHARES.BUYBACK PROGRAM TO START ON MAY 7, 2020 AND TO REMAIN IN FORCE UNTIL MAY 18, 2020.  Full Article

Naturgy Q1 Reported Net Profit Down 41.6% At 199 Mln Euros YoY
Wednesday, 29 Apr 2020 

April 29 (Reuters) - Naturgy Energy Group SA ::Q1 NET PROFIT 199 MILLION EUROS VERSUS 341 MILLION EUROS YEAR AGO.Q1 REPORTED EBITDA 944 MILLION EUROS VERSUS 1.12 BILLION EUROS YEAR AGO.Q1 NET SALES 5.07 BILLION EUROS VERSUS 6.35 BILLION EUROS YEAR AGO.SAYS AT END OF Q1 NATURGY HAD 8.0 BILLION EUROS AVAILABLE LIQUIDITY.EXPECTS COVID-19 TO HAVE A MORE NOTICEABLE IMPACT DURING THE SECOND QUARTER OF THE YEAR.FINAL DIVIDEND PAYMENT OF 0.01 EUROS PER SHARE TO BE PAID ON JUNE 3.  Full Article

Naturgy Issues 5-Year 1.00 Bln Euro Bond
Monday, 6 Apr 2020 

April 6 (Reuters) - Naturgy Energy Group SA ::SAYS IT HAS ISSUED A LONG 5 YEAR, FIXED RATE, 1.00 BILLION EURO BOND WITH A 1.25% ANNUAL COUPON.  Full Article

Naturgy Closes Sale Of 100% Iberafrica To AP Moller Capital
Monday, 6 Apr 2020 

April 6 (Reuters) - Naturgy Energy Group SA ::SAYS CLOSES SALE OF 100% IBERAFRICA TO AP MOLLER CAPITAL.SAYS DEAL VALUED AT 62 MILLION DOLLARS AND WITHOUT SIGNIFICANT CAPITAL GAINS.SAYS TO DATE IBERAFRICA WAS OWNED BY GLOBAL POWER GENERATION (GPG), A UNIT OF NATURGY (75%) AND KIA (25%).  Full Article

Spain's Competition Watchdog Approves Circular On Methodology Of Remuneration In Natural Gas Distribution
Friday, 3 Apr 2020 

April 3 (Reuters) - Spain's Competition Watchdog (CNMC)::SPAIN'S COMPETITION WATCHDOG CNMC APPROVES CIRCULAR ON METHODOLOGY OF REMUNERATION OF REGULATED ACTIVITIES OF NATURAL GAS DISTRIBUTION FOR 2021-2026.  Full Article

Naturgy Reaches Deal to Buy 34.05% Stake In Medgaz From Cepsa For 445 Mln Euros
Thursday, 2 Apr 2020 

April 2 (Reuters) - Naturgy Energy Group SA ::SAYS FOLLOWING CNMC'S GREEN LIGHT FOR ACQUISITION OF 34.05% STAKE IN MEDGAZ, NATURGY HAS DECIDED TO EXERCISE THE OPTION SIGNED WITH BLACKROCK'S GEPIF.DEAL FOR 445 MILLION EUROS.SAYS TRANSACTION WILL REQUIRE NO CASH BY NATURGY AND IS CONSISTENT WITH CO'S 2018-2022 STRATEGIC PLAN.  Full Article

Naturgy Approves Third Interim Dividend 0.593 Euros Gross Per Share
Monday, 16 Mar 2020 

March 16 (Reuters) - Naturgy Energy Group SA ::NATURGY SAYS HAS APPROVED THIRD INTERIM DIVIDEND OF GROSS 0.593 EUROS PER SHARE PAYABLE ON 25 MARCH 2020.NATURGY SAYS DIVIDEND WAS APPROVED TO MITIGATE NEGATIVE AFFECTS OF POSTPONEMENT OF ITS ANNUAL GENERAL MEETING TO SHARE HOLDERS AND RETAIL INVESTORS.NATURGY TO PROPOSE FINAL DIVIDEND AGAINST 2019 RESULTS OF 0.01 EUROS PER SHARE TO BE PAID IN RELATION TO 0.603 EUROS PER SHARE DIVIDEND WHICH SHOULD HAVE TAKEN PLACE ON 17 MARCH 2020.  Full Article

Naturgy Calls Off General Shareholders' Meeting Due To Spread Of Covid-19
Monday, 16 Mar 2020 

March 16 (Reuters) - Naturgy Energy Group SA ::SAID ON SUNDAY AFTER REVIEW OF THE MEASURES ADOPTED BY THE SPANISH GOVERNMENT ON MARCH 14 AND DUE TO THE PROGRESS OF THE COVID-19 INFECTION, THE BOARD HAD DECIDED TO CALL OFF THE ANNUAL GENERAL SHAREHOLDERS MEETING SCHEDULED FOR MARCH 17.THE BOARD WILL DECIDE TO CALL THE ANNUAL GENERAL SHAREHOLDERS MEETING ONCE IT CAN BE HELD WITH ALL THE REQUIRED GUARANTEES.  Full Article

Naturgy Reaches Deal To Buy 34.05% Stake In Medgaz From Cepsa For 445 Mln Euros
Thursday, 5 Mar 2020 

March 5 (Reuters) - Naturgy Energy Group SA ::SAYS REACHED AGREEMENT TO BUY 34.05% STAKE IN MEDGAZ FROM CEPSA HOLDING LLC FOR 445 MILLION EUROS.SAYS THE OPERATION THROUGH A SPECIAL PURPOSE VEHICLE (SPV) WHICH WILL BE FUNDED WITH ABOUT 260 MILLION EUROS NON-RECOURSE LOAN.SPV COULD BE OPENED TO FINANCIAL PARTNER AND IN THAT REGARD NATURGY SIGNED AGREEMENT WITH BLACKROCK’S GLOBAL ENERGY & POWER INFRASTRUCTURE FUND (GEPIF).SAYS AT NATURGY’S OPTION, GEPIF WOULD BUY 50% STAKE IN THE SPV AT THE SAME PRICE AT WHICH THE MEDGAZ STAKE WAS PURCHASED FROM MUBADALA.SHOULD THE OPTION BE EXERCISED, NATURGY AND GEPIF WILL CO-CONTROL THE SPV WHICH OWNS A 49% STAKE IN MEDGAZ.  Full Article

Eni Reaches Agreement To Resolve Disputes Affecting Union Fenosa Gas
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Eni ::REACHES AGREEMENT WITH PARTNERS TO AMICABLY RESOLVE DISPUTES AFFECTING UNION FENOSA GAS.AGREEMENT ALLOWS THE RESTART OF THE DAMIETTA LIQUEFACTION PLANT IN EGYPT.SUBSEQUENT RESTRUCTURING OF UNION FENOSA GAS, WHOSE ASSETS WILL BE SPLIT BETWEEN SHAREHOLDERS ENI AND NATURGY.PARTICIPATION OF UNION FENOSA GAS IN THE DAMIETTA PLANT (80%) WILL BE TRANSFERRED 50% TO ENI AND 30% TO EGAS (EGYPTIAN NATURAL GAS HOLDING COMPANY).RESULTING SHAREHOLDING OF SEGAS WILL THEREFORE BE ENI 50%, EGAS 40% AND EGPC (EGYPTIAN GENERAL PETROLEUM CORPORATION) 10%.WILL ALSO TAKE OVER CONTRACT FOR PURCHASE OF NATURAL GAS FOR PLANT AND WILL RECEIVE CORRESPONDING LIQUEFACTION RIGHTS.TO INCREASE VOLUMES OF LNG IN ITS PORTFOLIO BY 3.78 BILLION CUBIC METERS PER YEAR.AS REGARDS UNION FENOSA GAS' ASSETS OUTSIDE EGYPT, ENI WILL TAKE OVER THE COMMERCIAL ACTIVITIES OF NATURAL GAS IN SPAIN.  Full Article

Algeria's Sonatrach becomes majority shareholder in Medgaz pipeline

ALGIERS, May 30 Algeria's Sonatrach has become the main shareholder in the Medgaz pipeline after acquiring an additional 19.10% stake from Spain's Cepsa, the state-owned energy firm said on Saturday.