Snam S.p.A. (SNMRY)

USD 8.71

(-3.01%)

Market Cap (In USD)

7.4 Billion

Revenue (In USD)

4.28 Billion

Net Income (In USD)

1.13 Billion

Avg. Volume

69.42 Thousand

Currency
USD
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
8.67-10.66
PE
-
EPS
-
Beta Value
0.621
ISIN
US78460A1060
CUSIP
78460A106
CIK
1437771
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Regulated Gas
CEO
Mr. Stefano Venier
Employee Count
-
Website
https://www.snam.it
Ipo Date
2010-01-20
Details
Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Natural Gas Transportation, Liquefied Natural Gas (LNG) Regasification, and Natural Gas Storage segments. It provides natural gas transportation and dispatching services with approximately 32,700 kilometers of high-and medium-pressure gas pipelines; and owns and manages LNG regasification plants. The company also offers natural gas storage services through an integrated group of infrastructure comprising deposits, wells, gas treatment and compression plants, and the operational dispatching systems; and operates nine storage concessions, including five in Lombardy, three in Emilia-Romagna, and one in Abruzzo. In addition, it engages in the lease and maintenance of fibre optic telecommunications cables, as well as provides integrated services in the natural gas mobility sector; energy efficiency solutions for residential, industrial, tertiary, and public administration sectors; and management of biogas and biomethane plants. Further, the company offers engineering and project management services; and supervision of infrastructure planning activities. It also operates in Albania, Saudi Arabia, Austria, China, Egypt, the United Arab Emirates, France, Greece, the United Kingdom, and the United States. The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in January 2012. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy.