Company
SSE plc
Headquarters: Perth, United Kingdom
Founded: 1998
Employees: 11,865
CEO: Mr. Alistair Phillips-Davies
Market Cap
£19.95 Billion
GBP as of July 1, 2024
US$25.24 Billion
Company Description
SSE plc is involved in electricity generation, transmission, distribution, and supply, utilizing sources like water, gas, coal, and oil. They distribute electricity to around 3.8 million locations in Scotland and southern England and manage high voltage transmission systems in northern Scotland. Additionally, SSE plc produces and supplies gas and engages in utility contracting, telecommunications, energy trading, insurance, and property businesses.
Top Competitors by Market Capitalization
Industry: Utilities—Diversified
| Company | Market Cap (USD) |
|---|---|
| Iberdrola, SA | $79.29 B |
| Enel SpA | $73.16 B |
| National Grid plc | $56.16 B |
| EDF | $54.60 B |
| Sempra Energy | $47.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
Detailed Description
SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates and, develops high voltage electricity transmission system in the north of Scotland and remote islands. It also produces, stores, distributes, and supplies gas. In addition, it engages in electricity and utility contracting, telecommunications, energy trading, insurance, and property holding businesses. The company was formerly known as Scottish and Southern Energy plc and changed its name to SSE plc in September 2011. SSE plc was incorporated in 1989 and is based in Perth, the United Kingdom.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
SSE plc has the following listings and related stock indices.
Stock: LSE: SSE wb_incandescent
Stock: FSX: SCT wb_incandescent
Stock: FSX: SCTA wb_incandescent
Stock: OTC: SSEZF wb_incandescent
Stock: XETR: SCT wb_incandescent
Product & Services
Power generation and distribution, natural gas production, transportation, and distribution, telecommunications, metering
Key People
Richard Gillingwater (Chairman) Alistair Phillips- Davies (CEO)
Financials
Revenue: £6,826.4 million (2021)
Operating income: £1,295.2 million (2021)
Net income: £2,322.8 million (2021)