Orsted (DOGEF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Orsted has reported strong operational and financial results for the first nine months of 2024, narrowing its EBITDA guidance and advancing its renewable energy projects. The company successfully renegotiated Ocean Wind contracts, reversing DKK 6.4 billion in cancellation fees, and secured 3.5 GW of new capacity in the UK. Despite some challenges, Orsted continues to expand its renewable energy capacity and divest minority shares in its UK assets.
For further insights into DOGEF stock, check out TipRanks’ Stock Analysis page.