Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

E.ON : 2021 preview and update on the gas supply situation

>The gas risk seems limited in E.ON’s case - Against the backdrop of uncertainty about the development of gas supply conditions in Europe, we have assessed the "Russian gas crisis" risk at E.ON. We conclude that E.ON remains fairly well protected from possible changes in European gas supply policy. The volumes required to cover E.ON's needs amount to 400 TWh for the entire European portfolio, incl. 160 TWh for Germany, 90 TWh for Great Britain, 70 TWh for the Benelux ...
Underlying
E.ON SE

E.ON is an investor-owned energy company. The Generation global unit consists of all Co.'s existing (fossil and nuclear) generation assets in Europe. The Renewables unit is engaged in managing Co.'s carbonsourcing and renewables businesses. The Global Commodities unit buys and sells electricity, natural gas, liquefied natural gas, oil, coal, freight, biomass, and carbon allowances. The Exploration & Production unit is a active in the focus regions of the North Sea (U.K., Norway), Russia and North Africa. The New Build & Technology unit include Co.'s project-management and engineering operations to support the construction of new power plants and the operation of existing plants.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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