Naturgy invested EUR 330 million and Naturgy stock sits 1.52 percent below its high

Published on 10/12/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 outlook put EBITDA above EUR 5.5 billion. Naturgy stock costs EUR 29.78 on October 12, 2026 versus the Xetra close of EUR 29.70.

Key points in brief

Naturgy invested EUR 330.0 million in six wind farms, replacing 274 turbines with 40 more efficient units.
First-half 2026 EBITDA guidance stood above EUR 5.5 billion and net income guidance above EUR 2.1 billion.
Naturgy stock was at EUR 29.78 at Lang & Schwarz on October 12, 2026, plus 0.27 percent versus the Xetra close of October 9, 2026.
JPMorgan raised its Naturgy target from EUR 30.50 to EUR 32.00, according to Bolsamania.

Schwarzweiß-Reportagefoto von Technikern bei Wartungsarbeiten an Gaspipeline-Ventilen — Naturgy Energy Group S.A. (ES0116870314) beschäftigt Techniker, die Gasleitungsventile an Verteilanlagen dokumentarisch schwarzweiß prüfen, Illustration mit AI erstellt.

Naturgy invested EUR 330.0 million in six wind farms, and Naturgy stock was at EUR 29.78 at Lang & Schwarz on October 12, 2026, 1.52 percent below its 52-week high of EUR 30.24. As Ground News reported on September 14, 2026, the project covers six sites and a fleet renewal that could lift production by 75.00 percent.

Three events shaped the year

On July 22, 2026, Naturgy reported first-half net income of EUR 1.20 billion, up from EUR 1.10 billion a year earlier, according to the Yahoo Finance transcript. On July 29, 2026, Naturgy paid EUR 0.60 per share in its first interim dividend, as listed on its investor calendar.

On September 14, 2026, the wind farm plan added EUR 330.0 million of investment to the operating story. The project intends to replace 274 turbines with 40 units while keeping installed power and increasing output by 75.00 percent, according to Ground News.

What does EUR 330 million change?

The investment points to fewer, more efficient machines rather than a simple expansion of turbine numbers. That matters because Naturgy's first-half renewable-generation EBITDA fell 3.00 percent to EUR 313.0 million, while supply EBITDA fell 17.00 percent to EUR 319.0 million, according to the Yahoo Finance transcript. The wind-farm program therefore targets productivity in a segment where earnings were lower year over year.

Analyst target and next date

Bolsamania reported that JPMorgan raised its Naturgy target from EUR 30.50 to EUR 32.00 and reiterated its positive rating. The EUR 32.00 target lies 7.46 percent above the Lang & Schwarz price of EUR 29.78, giving the market a quantified benchmark alongside the operational investment.

The next reporting date listed for Naturgy is October 28, 2026, according to Investing.com.

Stock remains near its yearly high

Naturgy stock was trading at EUR 29.78 at Lang & Schwarz on October 12, 2026 at 9:28 a.m. CEST, plus 0.27 percent versus the Xetra close of October 9, 2026 at EUR 29.70. Its market capitalization was EUR 27.6 billion and its 52-week range was EUR 24.30 to EUR 30.24 as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Naturgy stock.