Previous Close | 7.75 |
Open | 7.80 |
Bid | 7.16 x 0 |
Ask | 7.19 x 0 |
Day's Range | 6.97 - 7.62 |
52 Week Range | 5.64 - 42.45 |
Volume | |
Avg. Volume | 1,259,576 |
Market Cap | 2.673B |
Beta (5Y Monthly) | 0.77 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -22.10 |
Earnings Date | Aug 17, 2022 |
Forward Dividend & Yield | 0.07 (0.90%) |
Ex-Dividend Date | May 19, 2022 |
1y Target Est | 21.63 |
(Bloomberg) -- Uniper SE reported a loss of more than 12 billion euros ($12.2 billion), ranking among the biggest in German corporate history and laying bare the unprecedented crisis engulfing Europe’s energy markets.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetAmerica’s $7 Trillion Retirement Crisis Is Only Getting Worse‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsThese Six Cities Are Emerging as New Expat Hot SpotsBill Gates
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FRANKFURT/DUESSELDORF (Reuters) -German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first half and warned it would take until 2024 before it could return to profit. Germany's largest importer of Russian gas, had to be bailed out in a 15 billion euro rescue deal agreed with the government last month after Moscow drastically cut flows, forcing the company to buy gas elsewhere at much higher prices. The bailout has laid bare Germany's reliance on Russian gas imports, which accounted for around 55% of the total last year, as well as the costs related to efforts to find alternative sources to keep on powering Europe's top economy.