Edison Investment Research Limited Edison issues outlook on Jersey Electricity (JEL): Decarbonisation fuelling growth 18-Apr-2024 / 12:27 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 18 April 2024 Edison issues outlook on Jersey Electricity (JEL): Decarbonisation fuelling growth Jersey Electricity (JEL) is intensifying its focus on energy security and electrification across Jersey by creating opportunities to accelerate growth. It successfully navigated the volatile wholesale power price environment in 2020–23, shielding its ...
Jersey Electricity (JEL) is intensifying its focus on energy security and electrification across Jersey by creating opportunities to accelerate growth. It successfully navigated the volatile wholesale power price environment in 2020–23, shielding its customer base from the worst inflationary pressures. However, from 2025, as older, more favourable hedges expire, this protection will diminish. Therefore, we have marginally reduced our earnings forecasts to account for the increased exposure to wh...
Jersey Electricity (JEL) continues to deliver steady 5% dividend growth, while managing consumer tariffs amid turbulent energy markets. Forward energy purchases have helped protect JEL and Jersey consumers from volatile wholesale markets over the last year, but this protection will decline from FY24. JEL should benefit from Jersey’s carbon-neutral goals, which will see increased electrification of the island, notably due to the displacement of carbon-intensive heating and transport with low-carb...
Two Directors at Jersey Electricity bought 6,000 shares at between 520p and 528p. The significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last t...
Jersey Electricity (JEL) has consistently delivered a 5% increase in its DPS, which we expect to continue. Its cautious approach to financial risks means its wholesale electricity market-based exposure is materially hedged until FY25, which helps maintain relative price stability for its customers. It has a strong balance sheet, with cash of £43.1m, and its grid infrastructure is well invested. Electrification of Jersey’s heating and transport systems to achieve the government’s net zero ambitio...
Edison Investment Research Limited Jersey Electricity (JEL): Modelling of 2030 net zero implications 04-Jun-2021 / 07:00 GMT/BST London, UK, 4 June 2021 Jersey Electricity (JEL): Modelling of 2030 net zero implications Jersey Electricity (JEL) has consistently delivered a 5% increase in its DPS and with dividend coverage above 2.0x EPS is well placed financially to produce future returns to shareholders. It has a strong balance sheet and its grid infrastructure is well invested. Electrification of Jersey's heating and transport systems to achieve the government's ambition of...
Jersey Electricity (JEL) has consistently delivered a 5% increase in its DPS and with dividend coverage above 2.0x EPS is well placed financially to produce future returns to shareholders. It has a strong balance sheet and its grid infrastructure is well invested. Electrification of Jersey’s heating and transport systems to achieve the government’s ambition of net zero carbon emissions by 2030 provides an opportunity for growth. Based on our detailed modelling, we estimate that full electrificat...
Currently '(TM) Value Indicator - UK Utilities Sector' is a value analysis of the Telecoms & Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term target prices. The publication is also available on request at
Currently '(TM) Value Indicator - Main Market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term trading indicators and indicative target prices. The publication is also available on request at
Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term tagrte prices.
Currently '(TM)Valule Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.
Currently '(TM)Value Idicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.
Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoed companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.
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