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Enagas SA ( (ES:ENG) ) has shared an announcement.
Fitch Ratings has reaffirmed Enagás’ credit rating at BBB+ with a stable outlook, highlighting the company’s solid business profile and reliable cash flow visibility. This rating supports Enagás’ strategic plans for 2025-2030, which include investments in renewable hydrogen starting in 2027, indicating a commitment to maintaining a strong financial position.
More about Enagas SA
Enagás S.A. operates in the energy sector, focusing on natural gas transportation and storage. The company is involved in the development of energy infrastructure and is increasingly investing in renewable hydrogen projects.
YTD Price Performance: 8.85%
Average Trading Volume: 101,868
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.34B
For detailed information about ENG stock, go to TipRanks’ Stock Analysis page.