Showing posts with label Enagas. Show all posts
Showing posts with label Enagas. Show all posts

Wednesday, 23 July 2014

Analysis of Enagas


Enagas, a Spanish gas company

Company: Enagas

ISIN ES0130960018 | WKN 662211   

Business: A Spanish gas company. Their pillars are the transport and storage of gas (three underground storages) and they own a large part of the entire gas pipelines (over 10,000 km) in Spain. They also run four regasification plants that converts liquefied natural gas (LNG) from -162 °C to atmospheric pressurised gas.

Active: Mainly Spain in Europe and since 2011 they have expanded into Mexico, Chile and Peru.

P/E: 14.0

Comment: This company looked much better on the screener and was there represented as having a P/E below 10. It is often that the screeners are not up to date with current affairs but as tradition holds. Once I make an analysis I also publish it online no matter what.