SSE Plc (SCT.DE)
SSE Plc operates in the Diversified Utilities industry of the Utilities sector, headquartered in Perth, SC, GB. The stock last traded at $28.50, down 1.72% on the session, giving a market capitalisation of $34.38B. Its beta of 0.59 implies it has historically moved less than the broad market.
SSE Plc, headquartered in Perth, Perthshire, is a multifaceted energy company with a workforce of 12,039 full-time employees. The firm operates across the entire electricity value chain, encompassing generation, transmission, distribution, and supply. Its operations are structured into three key divisions: Networks, Retail, and Wholesale. The Networks segment is primarily responsible for electricity distribution and transmission, as well as gas distribution, notably delivering electricity to residential and commercial premises throughout northern Scotland and southern England. The Retail arm focuses on providing energy supply, enterprise solutions, and various energy-related services, serving both household consumers and business clients with electricity and natural gas across the United Kingdom and Ireland. Lastly, the Wholesale division manages energy portfolios, engages in electricity generation from both renewable and thermal assets across the UK, Ireland, and Europe, and handles gas storage, gas production, and the strategic procurement and optimization of power, gas, and other commodity requirements.
SSE Plc is most often compared with the following Utilities names: