Enagás, S.A. (ENGGY) Research

Enagás, S.A., headquartered in Madrid, Spain, and founded in 1972, is a leading operator in the gas infrastructure sector. The company is responsible for the design, operation, and maintenance of vital gas systems across a broad international footprint, including Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. Its core business is structured around three key segments: gas transmission, regasification, and gas storage. Enagás delivers essential services such as the transportation of natural gas via extensive primary and secondary pipeline networks, the conversion of liquefied natural gas (LNG) back into its gaseous form, and the management of underground storage facilities. Additionally, the company is involved in the technical and operational oversight of both basic and secondary natural gas networks. Beyond these fundamental activities, Enagás pursues financial management, the development of industrial projects—including LNG terminals and infrastructure for hydrogen production and transport—and the creation and upkeep of facilities for supplying natural gas as vehicle fuel. It also provides commercial services aimed at streamlining the daily operations of gas shippers. With a forward-looking approach to energy, the company manages projects focused on generating renewable gases from organic matter, actively promotes the role of renewable gases in the energy transition, and produces solar electricity. Enagás's substantial infrastructure encompasses approximately 12,000 kilometers of gas pipelines, 20 compressor stations, and 6 international connection points.

Market snapshot

Symbol
ENGGY
Price
$10.09
Day change
+0.64%
Market cap
$4.6B
P/E ratio
17.73x
52-week range
7.42-10.27
Sector
Utilities
Industry
Regulated Gas

Peer companies

  • APA Group (APAJF)
  • AltaGas Ltd. (ATGFF)
  • Capital Power Corporation (CPXWF)
  • Equatorial Energia S.A. (EQUEY)
  • Fortis Inc. (FORFF)
  • Italgas S.p.A. (ITGGF)
  • PETRONAS Gas Berhad (PNAGF)
  • Tokyo Electric Power Company Holdings, Incorporated (TKECF)

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