Enagas stock trades at EUR 16.77, up 0.48 percent

Published on 09/29/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enagas stock traded at EUR 16.77 on September 29, 2026, up 0.48 percent. First-half net profit reached EUR 126.9 million through June 30, 2026.

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Enagas (ISIN ES0130960018) was trading at EUR 16.77 at Lang & Schwarz on September 29, 2026 at 1:43 p.m. CEST, up 0.48 percent versus the BME close of EUR 16.69 on September 28, 2026. The company entered the final quarter with first-half EBITDA of EUR 314 million and full-year guidance of EUR 620 million.

EBITDA reaches half-year mark

According to the Q2 2026 earnings call published by Yahoo Finance on July 22, 2026, Enagas reported EUR 314 million of EBITDA for the six months ended June 30, 2026. That figure represents 50.65 percent of the EUR 620 million full-year EBITDA guidance cited by management, leaving the second half responsible for EUR 306 million of the target.

The same call reported first-half net profit after tax of EUR 126.9 million and core net profit of EUR 118.6 million, excluding asset-rotation effects. The comparison matters because the core figure isolates recurring performance from transactions that can make the statutory result less representative of the regulated gas infrastructure business.

Regulation remains the key variable

Enagas management also described the draft Spanish regulatory framework for 2027 through 2032 as a central factor for future cash generation. The earnings-call transcript said the proposal would reduce regulated revenues by 7 percent on average against the current framework, while introducing a financial remuneration rate of 6.46 percent.

The company linked its medium-term investment capacity to a funds-from-operations to net-debt ratio above 15 percent and a EUR 1.00 per-share payout policy. For the first half of 2026, the call also cited EUR 2.62 billion of liquidity and a 7.8 percent year-over-year increase in EBITDA contributions from subsidiaries to EUR 86.3 million.

Stock stays below yearly high

Enagas stock had a 52-week range of EUR 13.02 to EUR 17.94 on September 29, 2026, placing the Lang & Schwarz price EUR 1.17 below the yearly high. Market capitalization was EUR 4.4 billion on the same date, keeping the share close to the upper part of its annual trading range.

At Lang & Schwarz, Enagas was trading at EUR 16.77 on September 29, 2026 at 1:43 p.m. CEST, up 0.48 percent versus the BME close of EUR 16.69 on September 28, 2026. The primary listing is on BME under ticker ENG.