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.
KenGen Plc is listed on the Nairobi Securities Exchange (NSE). KenGen is traded on the NSE under the ticker symbol “KEGN”. The International Securities Identification Number (ISIN) of NSE:KEGN is KE0000000547. KenGen Plc is currently the 15th most valuable stock on the NSE with a market capitalization of KES 15.2 billion, which makes about 0.924% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 2.30 |
| Day’s High Price | 2.37 |
| Traded Volume | 924,700 |
| Number of Deals | 65 |
| Gross Turnover | 2.13M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 6.59B |
| Market Capitalization | 15.2B |
KEGN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.43% | -2.13% | -6.12% |
| 6MO | 1YR | YTD |
|---|---|---|
| -29.5% | -33.9% | -28.6% |
The current share price of KenGen Plc (KEGN) is KES 2.30. KEGN closed its last trading day (Friday, June 2, 2023) at 2.30 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.5% drop from its previous closing price of 2.36 KES. KenGen began the year with a share price of 3.22 KES but has since lost 28.6% off that price valuation, ranking it 56th on the NSE in terms of year-to-date performance.
KenGen is the eighth most traded stock on the Nairobi Securities Exchange over the past three months (Mar 1 - Jun 2, 2023). KEGN has traded a total volume of 13.5 million shares valued at KES 31.1 million over the period, with an average of 214,040 traded shares per session. A volume high of 1.11 million was achieved on March 22nd, and a low of 38,600 on May 31st, for the same period. The table below details the last 10 trading days of activity of KenGen on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-06-02 | 924,700 | 2.30 | -0.06 | -2.54% |
| 2023-05-31 | 38,600 | 2.36 | +0.05 | +2.16% |
| 2023-05-30 | 331,400 | 2.31 | +0.02 | +0.87% |
| 2023-05-29 | 91,100 | 2.29 | +0.01 | +0.44% |
| 2023-05-26 | 65,800 | 2.28 | -0.03 | -1.30% |
| 2023-05-25 | 77,300 | 2.31 | +0.01 | +0.43% |
| 2023-05-24 | 107,500 | 2.30 | +0.01 | +0.44% |
| 2023-05-23 | 108,300 | 2.29 | +0.03 | +1.33% |
| 2023-05-22 | 133,900 | 2.26 | -0.03 | -1.31% |
| 2023-05-19 | 45,000 | 2.29 |
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 Electricity industry. Kenya Electricity Generating Company contracts an estimated total number of 2,500 employees.
Factsheet of Kenya Electricity Generating Company Plc
- Sector
- Utilities
- Industry
- Electricity
- Address
- Stima Plaza, Kolobot Road, Parklands, PO Box 47936-00100 GPO, Nairobi, Kenya
- Telephone
- +254-711-036-000, +254-732-116-000, +254-020-366-6000
- pr@kengen.co.ke
- Website
- www.kengen.co.ke
KEGN Industrial Market Competitors
Kenya Electricity Generating Company Plc, issuers of the KEGN stock on the Nairobi Securities Exchange, have four market competitors who are also engaged in the Utilities sector and/or Electricity industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| KPLC-P4 | Kenya Power 4% Preference Shares | 7.4M | 4.11 | |
| KPLC-P7 | Kenya Power 7% Preference Shares | 2.1M | 6.00 | |
| KPLC | Kenya Power & Lighting Company | 2.97B | 1.52 | -2.56% |
| UMME | Umeme Limited | 23.1B | 14.20 | +91.4% |
