Renewables

The exposure of insecurities

  • Sectors : Renewables
  • Companies : Providence Resources | Tullow Oil | Corre Energy | ITM Power

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Corre Energy OUTPERFORM 21/10/21 N/A N/A 218c
Greencoat Renewables OUTPERFORM 24/08/17 N/A N/A 118c
ITM Power OUTPERFORM 23/02/21 N/A N/A 178p
Providence Resources OUTPERFORM 09/06/11 N/A N/A 3.1p
Tullow Oil OUTPERFORM 15/01/20 Under Review 09/12/19 45.0p

DAVY VIEW

The latest energy emergency plans from the UK include shutting down gas exports to Europe if the energy crisis intensifies. This has aggravated tensions in European energy markets following a reduction of gas supplies from Russia. While the UK says this outcome is “extreme”, Ireland has a strategic issue.

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Jul 1 2022, 15:50 IST/BST

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