Energy Developments

Energy Developments (ENE)

Stock Code

ENE

Stock Exchange

ax

Energy Development (ENE) is a company engaged in the ownership, development and operation of power transmission, waste-to-energy conversion and power generation projects. It owns and manages a portfolio of 64 power stations and power generation facilities in Asia, Australia, Europe and the US. ENE was listed on the Australian Stock Exchange on the 10th of November 1993. Its average annual revenue reaches approximately $176 million out of its issued capital of $329 million. Its headquarters is located in Queensland, Australia.

Energy Developments Dividends

18 October, 2010 - 00:53

Examine the list of past dividends for Energy Developments. Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. If Energy Developments Limited has declared a dividend, you may be eligible to receive ENE dividends if you own the company's stock on the ex-dividend date. Investors must have purchase the shares before the ex dividend date to be entitled to the dividend declared by the company.

Energy Developments (ENE) Stock Recommendation


ABN Amro have rated the Energy Developments (ENE) stock as a Buy with a share price target of $4.70 (up 9 cents). The recent results period proved that the company met the broker's forecast with improved operating performance producing a strong result of $24.4 million. As a result of Energy Development's performance with their US assets the stockbroker has consequently lifted their forecasts in FY07 to $30.7 million (up from $28.2 million) and in FY08 from $32 million to $38.4 million. Meanwhile, Deutsche Bank have also rated the ENE stock as a Buy with a share price target of $4.80.

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