KEGN - KenGen Plc
Kenya Electricity Generating Company Plc, commonly abbreviated as KenGen, is the leading electric power generating company in East Africa. The company is engaged in the business of developing, managing, and operating power generation plants to supply electric power to the Kenyan market. Incorporated in 1954 under the Kenyan Companies Act, the Government sold 30% of its stake following a successful Initial Public Offer. Subsequently, KenGen was listed on the Nairobi Securities Exchange (NSE). Over the years, the company has continued to increase shareholder value through profitability and maintaining a sustainable growth path.
KenGen operates in four generation modes: Hydro, Geothermal, Thermal, and Wind. It develops 700 megawatts of geothermal power, two wind farms in Ngong and Meru with a total capacity of 120.4 megawatts, liquefied natural gas (LNG) fired plants and coal fired plants. KenGen owns 14 hydro power plants with a combined capacity of 820 megawatts, five thermal power plants with a capacity of 256 megawatts, four geothermal power plants generating 158 megawatts, and one wind farm generating 5.1 megawatts. Its Horizon I project includes Sondu Miriu hydro project, Olkaria II 3rd Unit, Ngong Wind-Phase I, Kipevu III, and Redevelopment of Tana.
|Last Trading Results|
|Day’s Low Price||4.11|
|Day’s High Price||4.15|
|Number of Deals||34|
|Growth & Valuation|
|Earnings Per Share||0.18|
|Dividend Per Share|
KEGN Stock Market Performance
The current share price of KenGen Plc (KEGN) is KES 4.14. KEGN closed its last trading day (Thursday, January 20, 2022) at 4.14 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.5% gain over its previous closing price of 4.12 KES. KenGen began the year with a share price of 4.19 KES but has since lost 1.19% off that price valuation, ranking it 30th on the NSE in terms of year-to-date performance.
KenGen is the sixth most traded stock on the Nairobi Securities Exchange over the past three months (Oct 22, 2021 - Jan 20, 2022). KEGN has traded a total volume of 20.3 million shares—in 3,896 deals—valued at KES 89.2 million over the period, with an average of 322,113 traded shares per session. A volume high of 2.53 million was achieved on December 2nd, and a low of 11,200 on December 31st, for the same period. The table below details the last 10 trading days of activity of KenGen on the Nairobi Securities Exchange.
Profile of Kenya Electricity Generating Company Plc
Kenya Electricity Generating Company Plc was founded on February 1, 1954 and operates in the Utilities sector, specifically, the Conventional Electricity industry. Kenya Electricity Generating Company contracts an estimated total number of 2,500 employees.
Factsheet of Kenya Electricity Generating Company Plc
- Conventional Electricity
- Stima Plaza, Kolobot Road, Parklands, PO Box 47936-00100 GPO, Nairobi, Kenya
- +254-711-036-000, +254-732-116-000, +254-020-366-6000
KEGN Industrial Market Competitors
Kenya Electricity Generating Company Plc, issuers of the KEGN (ISIN: KE0000000547) stock on the Nairobi Securities Exchange, have four market competitors who are also engaged in the Utilities sector and/or Conventional Electricity industry. The table below presents an overview of their market standing.
|KPLC-P4||Kenya Power 4% Preference Shares||8.15M||4.53|
|KPLC-P7||Kenya Power 7% Preference Shares||2.1M||6.00|
|KPLC||Kenya Power & Lighting Company||3.2B||1.64||-6.29%|