National Grid Transco H1 Earnings Call Highlights

National Grid Transco NYSE: NGG raised its fiscal 2027 investment and earnings growth guidance after record first-half capital spending and one-off gains from its venture capital portfolio helped lift earnings.

MarketBeat • Nov 8, 2026

National Grid: Balance Sheet Remains A Medium- To Long-Term Threat To The Dividend

National Grid remains an income stock, not a growth play, despite recent share price gains and a 4% dividend increase. NGG's heavy capital expenditure—£70bn over five years—continues to drive up net debt, now at £48.6bn, raising long-term dividend sustainability concerns. The stock trades at a P/E of 20 and an enterprise value 21x last year's operating profit, which I view as overvalued for a utility with rising debt.

Seeking Alpha • Nov 6, 2026

National Grid plc (NGG) Q2 2027 Earnings Call Transcript

National Grid plc (NGG) Q2 2027 Earnings Call Transcript

Seeking Alpha • Nov 5, 2026

Artisan Global Equity Fund Q3 2026 Portfolio Review

In Q3 2026, the portfolio underperformed its benchmark, the MSCI All Country World Index. On a positive note, our stock selection in the health care sector led to significant outperformance relative to those in the benchmark. Numerous portfolio moves were made during the quarter, but our focus remained on our three main investment themes: electrification, financials and aerospace and defense.

Seeking Alpha • Nov 5, 2026

National Grid: Delivering The Brilliant Basics

National Grid plc remains a Buy, supported by robust H1 results, a reliable inflation-protected dividend, and a substantial regulated asset base growth strategy. NGG's capital investment surged 32%, with 98% directed to core UK and the U.S. regulated networks, underpinning future earnings and dividend growth. Forward guidance targets ~9% ROE in UK Electricity Transmission and improved operational outperformance in Distribution, with regulated returns largely insulated from interest rate risk.

Seeking Alpha • Nov 5, 2026

National Grid faces scrutiny over £31bn transmission plan as UBS sticks with 'sell' rating

National Grid PLC (LSE:NG.), the energy network operator, is expected to report a record first-half operating profit, but UBS has maintained its 'sell' rating ahead of results on November 5.

Proactive Investors • Oct 20, 2026

UK's National Grid lifts annual profit view on strong first-half

Britain's National Grid ​on Monday said it expects to ‌report fiscal 2027 earnings per share above expectations, bolstered by its investment portfolio and ​the strength of its power grid ​business.

Reuters • Oct 5, 2026

National Grid raises earnings outlook but Jefferies keeps 'hold'

National Grid PLC (LSE:NG.) raised its earnings growth outlook following stronger performance at NGV, but Jefferies retained its 'hold' rating and 1,300p price target.

Proactive Investors • Oct 5, 2026

NGG or ORA: Which Is the Better Value Stock Right Now?

Investors with an interest in Alternative Energy - Other stocks have likely encountered both National Grid (NGG) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks?

Zacks Investment Research • Sep 30, 2026

NGG vs. ORA: Which Stock Is the Better Value Option?

Investors with an interest in Alternative Energy - Other stocks have likely encountered both National Grid (NGG) and Ormat Technologies (ORA). But which of these two stocks offers value investors a better bang for their buck right now?

Zacks Investment Research • Sep 29, 2026