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Ren Redes Energeticas Nacionais SGPS SA (RENE)

Currency in EUR
RENE Scorecard
High dividend Yield
Fair Value
Unlock Value
Day's Range
52 wk Range
Prev. Close
Day's Range
52 wk Range
Average Volume (3m)
1-Year Change
Shares Outstanding
Fair Value
Dividends Payment Streak
Strong Sell
Strong Buy
Strong Sell
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  • REN Earnings, Revenue inline In Q2
  • REN Earnings beat, Revenue misses In Q1

Ren Redes Energeticas Nacionais SGPS SA Company Profile

REN - Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2023, it operated national electricity transmission system with 9,409 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisboa, Portugal.

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