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 13th most valuable stock on the NSE with a market capitalization of KES 26.3 billion, which makes about 1.48% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.96 |
| Day’s High Price | 4.00 |
| Traded Volume | 2.32M |
| Number of Deals | 133 |
| Gross Turnover | 9.28M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 6.59B |
| Market Capitalization | 26.3B |
KEGN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +0.5% | +27.9% | +69.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| +70.5% | +66.3% | +98.5% |
The current share price of KenGen Plc (KEGN) is KES 3.99. KEGN closed its last trading day (Tuesday, November 19, 2024) at 3.99 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.5% gain over its previous closing price of 3.97 KES. KenGen began the year with a share price of 2.01 KES and has since gained 98.5% on that price valuation, ranking it fifth on the NSE in terms of year-to-date performance. Shareholders can be optimistic about KEGN knowing the stock has accrued 28% over the past four-week period alone—third best on NSE.
KenGen is the fourth most traded stock on the Nairobi Securities Exchange over the past three months (Aug 20 - Nov 19, 2024). KEGN has traded a total volume of 105 million shares—in 7,737 deals—valued at KES 350 million over the period, with an average of 1.66 million traded shares per session. A volume high of 10.1 million was achieved on October 29th, and a low of 126,700 on October 1st, 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% |
|---|---|---|---|---|
| 2024-11-19 | 2,324,700 | 3.99 | +0.02 | +0.50% |
| 2024-11-18 | 1,541,900 | 3.97 | ||
| 2024-11-15 | 1,695,000 | 3.97 | -0.01 | -0.25% |
| 2024-11-14 | 1,727,700 | 3.98 | ||
| 2024-11-13 | 1,155,000 | 3.98 | +0.01 | +0.25% |
| 2024-11-12 | 1,475,900 | 3.97 | -0.02 | -0.50% |
| 2024-11-11 | 2,085,400 | 3.99 | +0.01 | +0.25% |
| 2024-11-08 | 817,100 | 3.98 | -0.02 | -0.50% |
| 2024-11-07 | 1,412,200 | 4.00 | -0.01 | -0.25% |
| 2024-11-06 | 3,194,300 | 4.01 |
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 | Kenya Power & Lighting Company | 8.86B | 4.54 | +220% |
| KPLC-P7 | Kenya Power 7% Preference Shares | 2.1M | 6.00 | |
| KPLC-P4 | Kenya Power 4% Preference Shares | 7.2M | 4.00 | -2.68% |
| UMME | Umeme Limited | 26.2B | 16.15 | +0.94% |
