ENGIE Shares Shatter Five-Year Record Following Solid Annual Results and a Major Acquisition

Strong Annual Performance and Strategic Acquisition

This morning, the energy group revealed its annual accounts for 2025, reporting a recurring net income of 4.9 billion euros, along with robust cash generation. ENGIE also announced an increased dividend of 1.35 euros per share, up from the previous year, indicating a strengthened shareholder return policy. Concurrently, the group confirmed the full acquisition of UK Power Networks, the leading electricity distributor in the UK, for an equity value of 10.5 billion pounds sterling. This significant transaction repositions the French group in the regulated electric networks across the Channel and underscores a strategy geared towards essential infrastructure for the energy transition.

Record-Breaking Performance

On Thursday, the stock surpassed its previous five-year high of 27.63 euros, set the day before, reaching 29.49 euros during the session. This milestone comes as the stock price is now well above its 50-day moving average of 24.28 euros, indicating a particularly strong upward momentum in recent weeks. The gap of more than five euros between the current price and this 50-day moving average highlights the magnitude of the movement, fueled by the strategic announcements of the day. In terms of short-term dynamics, the RSI stands at 66, a level that indicates a sustained buying trend without yet entering a technical overbought zone (beyond 70). The cumulative performance over one year now reaches 79.11%, while the gain over the last three months is more than 36%. The former resistance at 27.54 euros, corresponding to the previous day's closing price, could now serve as a support point in case of a pullback.