Naturgy stock gets green gas rollout for 430 homes

Published on 10/07/2026 at 14:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Naturgy stock was trading at EUR 29.46 on October 7, 2026, while its green gas partnership covers 430 homes. First-half net income rose 6 percent to EUR 1.215 billion.

Flatlay mit Aktienzertifikat, ISIN-Karte, Rohrzange und Handschuhen der Energiebranche — Naturgy Energy Group S.A. (ES0116870314) symbolisiert dieses Flatlay mit Aktienzertifikat, ISIN-Karte und Werkzeug der Energiebranche, Illustration mit AI erstellt.

Naturgy stock (ISIN ES0116870314) was trading at EUR 29.46 on BME at 1:51 p.m. CEST on October 7, 2026, up 0.14 percent from EUR 29.42. The latest operating signal is a green gas agreement covering 430 initial homes in Spain, according to Democrata on October 1, 2026.

Green gas reaches 430 homes

Nedgia, Naturgy's gas distribution business, and Metrovacesa signed the framework agreement for new residential developments in Madrid and A Coruna. The first phase includes four projects, while the agreement leaves room for additional developments, Democrata reported on October 1, 2026.

The project connects Naturgy's existing gas network with biomethane-ready infrastructure. For investors, the 430-home starting point matters less as a near-term earnings driver than as a concrete test of whether the group's gas networks can support renewable gas adoption through existing assets.

First-half earnings set the base

Naturgy reported EUR 1.215 billion in net income for the first half of 2026, an increase of 6 percent from the prior-year period. EBITDA reached EUR 2.975 billion, up 5 percent, according to Expansion in its September 22, 2026 report.

Naturgy's investor-relations page dates the first-half 2026 results to July 22, 2026 and lists the results report among its latest filings. The company also raised its 2026 targets to EBITDA above EUR 5.5 billion and net income above EUR 2.1 billion, as described in the first-half earnings discussion published by Yahoo Finance on July 22, 2026.

Stock stays below yearly high

At EUR 29.46 on October 7, 2026, the stock stood 1.93 percent below its 52-week high of EUR 30.04. The 52-week low was EUR 24.30, and the market capitalization was EUR 27.3 billion on the same date.

The analyst picture is measured rather than one-sided. Investing.com lists a Buy consensus from 17 analysts, including 8 Buy, 7 Hold and 2 Sell ratings, with an average 12-month target of EUR 30.682, a high of EUR 35 and a low of EUR 24.30. The average target lies 4.14 percent above the October 7 price, leaving the market to weigh improving earnings against the limited distance to the yearly high.

Trading value and investor view

Naturgy was last at EUR 29.46 on BME at 1:51 p.m. CEST on October 7, 2026, with 269,359 shares traded. Its current valuation combines a 0.14 percent daily gain, a 6 percent first-half net-income increase and a 4.14 percent consensus distance to the average target.