Siemens Energy AG engages in the provision of energy technology solutions. The company is headquartered in Muenchen, Bayern and currently employs 102,000 full-time employees. The company went IPO on 2020-09-28. The firm is engaged in energy technology. The company has four Business Areas: Gas Services (GS), Grid Technologies (GT), Transformation of Industry (TI) and Siemens Gamesa (SG). Gas Services provides activities relating to gas and steam turbines such as producing new gas and steam turbines. Grid Technologies demand growth of electricity, electrification, decarbonization, and digitalization which includes high-voltage direct current (HVDC) transmission systems, grid connections for offshore wind farms and many more. The Transformation of Industry focuses on reducing energy consumption and greenhouse gas emissions in industrial processes. Siemens Gamesa offers the design, engineering, manufacturing, and installation of products. The firm also provides services including management, operation and maintenance.
Follow-Up Questions
What is the price performance of SMEGF stock?
The current price of SMEGF is $112.07, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Siemens Energy AG?
Siemens Energy AG belongs to Electrical Equipment industry and the sector is Industrials
What is Siemens Energy AG market cap?
Siemens Energy AG's current market cap is $89.1B
Is Siemens Energy AG a buy, sell, or hold?
According to wall street analysts, 29 analysts have made analyst ratings for Siemens Energy AG, including 3 strong buy, 15 buy, 8 hold, 2 sell, and 3 strong sell
