Streetbeat News

KEN

Kenon Holdings Ltd.

Industry

Independent Power Producers

Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates in four segments: OPC Israel, CPV Group, ZIM, and Quantum. The company engages in the generation and supply of electricity and energy; development, construction, and management of renewable energy and conventional natural gas-fired power plants; manufacture of automobiles; and provision of container liner shipping services. As of December 31, 2021, the company had an installed capacity of approximately 610 MW; and operated a fleet of 118 vessels. The company was incorporated in 2014 and is based in Singapore. Kenon Holdings Ltd. is a subsidiary of Ansonia Holdings Singapore B.V.

Open

29.35

Mkt cap

1.6B

Volume

5.7K

High

30.25

P/E Ratio

9.39

52-wk high

31.26

Low

29.35

Div yield

0.13

52-wk low

19.63

Kenon Holdings Ltd.'s subsidiary OPC Energy Ltd. has won a tender conducted by the Israel Land Authority to design renewable energy electricity generation facilities using photovoltaic technology. OPC has paid $26.1 million, constituting 20% of the total consideration for the lease rights. The project aims to generate electrical power utilizing photovoltaic technology with an estimated cumulative capacity of approximately 245 MW.

Portfolio Pulse from Charles Gross

August 01, 2023 | 10:22 am

On Monday, 65 companies hit new 52-week lows. The largest company by market cap to set a new 52-week low was Pfizer (NYSE:PFE), while the smallest was Biodexa Pharmaceuticals (NASDAQ:BDRX). Tivic Health Systems (NASDAQ:TIVC) shares traded down 40.69% to reach its 52-week low, making it the biggest loser. Chijet Motor Co (NASDAQ:CJET) shares bounced back the most, actually rising 0.0% after hitting a new 52-week low.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:50 pm

On Wednesday, 29 companies set new 52-week lows, with NovoCure being the largest in terms of market cap and HTG Molecular Diagnostics being the smallest. PolarityTE's stock fell the most, while Owlet's shares rebounded the highest.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:38 pm

Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching, including Kenon Hldgs, Clearway Energy, Enel Chile, Brookfield Renewable, and Pampa Energia. These stocks have low P/E multiples, indicating they may be undervalued.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:38 pm

The article highlights notable value stocks in the utilities sector, including Clearway Energy, Brookfield Renewable, Genie Energy, Kenon Hldgs, and Enel Chile. These companies have low P/E multiples, indicating potential undervaluation. However, the risk of investing in value stocks is that their emergence from undervaluation may never materialize.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:38 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.