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VERBUND AG (OEZVF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD
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76.200.00 (0.00%)
At close: 04:00PM EDT
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Trade prices are not sourced from all markets
Previous Close0.00
Open86.20
Bid78.65 x 40000
Ask83.65 x 0
Day's Range86.20 - 86.20
52 Week Range67.30 - 88.50
Volume1
Avg. Volume82
Market Cap28.753B
Beta (5Y Monthly)0.77
PE Ratio (TTM)12.72
EPS (TTM)5.99
Earnings DateNov 07, 2024
Forward Dividend & Yield3.69 (4.85%)
Ex-Dividend DateMay 07, 2024
1y Target EstN/A
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  • Reuters

    Verbund CEO says volatility is the 'new normal' on power and gas markets

    European countries must expect volatile power and gas markets in the long run even after the current conflicts in Ukraine and the Middle East have faded, the head of Austrian hydropower heavyweight Verbund told Reuters in an interview. The escalating conflict between Israel and Hamas in Gaza has sent oil prices higher, and while gas and power prices have fallen far back from peaks reached after Russia's invasion of Ukraine, they remain higher on average than before the war. "Turbulence on energy markets is the new normal," Verbund CEO Michael Strugl said.