Ørsted A/S (DOGEF)
Ørsted A/S operates in the Renewable Utilities industry of the Utilities sector, headquartered in Fredericia, SD, DK. The stock last traded at $22.14, up 2.17% on the session, giving a market capitalisation of $9.43B. On trailing twelve-month figures it carries a trailing P/E of 90.40, a net margin of -0.6%. Its beta of 0.63 implies it has historically moved less than the broad market.
Ørsted A/S, alongside its associated entities, specializes in the comprehensive lifecycle of sustainable energy infrastructure. This encompasses the conceptualization, construction, ownership, and management of a diverse range of renewable assets, including offshore and onshore wind facilities, solar arrays, energy storage solutions, and bioenergy production plants. The company's operations are structured into three distinct segments: Offshore, Onshore, and Markets & Bioenergy. The Offshore division is dedicated to developing, building, owning, and operating wind farms situated in marine environments, with its global reach extending to key markets such as the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea. In contrast, the Onshore segment concentrates its efforts on developing, owning, and operating land-based wind and solar power installations exclusively within the United States. Meanwhile, the Markets & Bioenergy division is responsible for generating heat and electricity through combined heat and power plants primarily in Denmark. It also engages in the sale of electricity and natural gas to wholesale and business-to-business clients, alongside optimizing and hedging its broader energy portfolio. Originally established in 1972 and headquartered in Fredericia, Denmark, the corporation underwent a significant rebranding. It was formerly recognized as DONG Energy A/S before adopting its current name, Ørsted A/S, in November 2017.
Ørsted A/S is most often compared with the following Utilities names: