Life has not been easy for E.ON (OTCQX:EONGY).
It would be bad enough if all the company had to deal with were
declines in demand and weak pricing related to the economic malaise in
Europe or the volatile price of natural gas. But there's a lot more
impacting this story, including Germany's abandonment of nuclear energy,
weak returns on emerging market assets, and guaranteed renewables
feed-in tariffs.
Gone on are the days when E.ON was a safe, if
boring, way to generate some solid dividend-fueled returns with the
added boost of international diversification. While I do think the
situation at E.ON isn't as bad as the market appears to be discounting,
the level of operating uncertainty here is pretty high.
Read more here:
E.ON Still Trying To Find A New Way Forward
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