Naturgy stock stands at EUR 28.94 after guidance upgrade

Published on 09/29/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Naturgy stock was last at EUR 28.94 on September 29, 2026, as 2026 guidance moved above EUR 5.5 billion EBITDA. First-half net income reached EUR 1.2 billion.

Gasterminal und Kraftwerk an der Küste bei Sonnenuntergang, Symbolbild Energieversorger — Naturgy Energy Group S.A. (ES0116870314) betreibt Gasterminals und Kraftwerksanlagen an der spanischen Küste bei Sonnenuntergang, Illustration mit AI erstellt.

Naturgy stock (ISIN ES0116870314) was last at EUR 28.94 on BME on September 29, 2026 at 3:00 p.m. CEST, up 0.63 percent versus the BME prior close of EUR 28.76. The central earnings signal is the company's upgraded 2026 outlook after first-half profit growth.

Guidance clears EUR 5.5 billion

According to Yahoo Finance on July 22, 2026, Naturgy lifted its 2026 guidance to EBITDA above EUR 5.5 billion and net income above EUR 2.1 billion, with both measures ahead of consensus. The same presentation said first-half net income rose to EUR 1.2 billion from EUR 1.1 billion a year earlier.

The comparison matters because the upgrade combines a current operating result with a higher full-year threshold. Naturgy also set 2026 dividend guidance at EUR 1.80 per share, according to Yahoo Finance.

Networks support the earnings mix

Gas Networks generated EBITDA of EUR 883 million in the first half of 2026, up 6 percent from the comparable 2025 period, the earnings presentation reported. Renewable generation contributed EUR 313 million, down 3 percent from 2025, showing why regulated networks remain an important counterweight to weaker renewable pricing.

For investors, the operational split is more informative than the headline guidance alone. The network contribution grew while renewable earnings declined, leaving Naturgy with a broader earnings base across regulated infrastructure, generation and energy management.

Stock stays below yearly high

The BME quote places Naturgy's market capitalization at EUR 26.8 billion on September 29, 2026. Its 52-week range is EUR 24.30 to EUR 30.04, so the latest price is EUR 1.10 below the yearly high, a 3.66 percent gap calculated from the high.

Naturgy Energy Group is listed on BME under ticker NTGY and operates in utilities, with regulated gas as its industry classification. The combination of upgraded earnings guidance, a EUR 1.80 dividend outlook and a price below the 52-week high gives the stock a concrete valuation checkpoint for the next results update.