SSE plc (SSEZY)
SSE plc operates in the Diversified Utilities industry of the Utilities sector, headquartered in Perth, SCT, GB. The stock last traded at $32.58, up 0.71% on the session, giving a market capitalisation of $39.30B. On trailing twelve-month figures it carries a trailing P/E of 23.83, a net margin of 11.9%. Its beta of 0.58 implies it has historically moved less than the broad market.
SSE plc is a major utility company headquartered in Perth, United Kingdom, founded in 1989. Its primary focus involves the full spectrum of electricity operations, including the creation, transmission, delivery, and provision of power. The company generates electricity from a diverse array of sources, such as hydropower, natural gas, coal, oil, and various multi-fuel technologies. The company is responsible for distributing electricity to approximately 3.8 million homes and businesses throughout designated regions, specifically the northern part of Scotland's central belt and central southern England. Furthermore, SSE owns, manages, and expands the vital high-voltage electricity transmission network across northern Scotland and its remote islands. Beyond electricity, SSE also engages comprehensively in the gas industry, overseeing its production, storage, distribution, and supply. Its diverse portfolio extends to various other commercial activities, such as utility and electrical contracting, telecommunications services, energy market trading, insurance provisions, real estate management, and maintenance support. The company adopted its current name, SSE plc, in September 2011, having previously been known as Scottish and Southern Energy plc.
SSE plc is most often compared with the following Utilities names: