Centrica (LSE: CNA) reported disappointing interim results on Thursday. Unless management announce additional stock buybacks, shares in the owner of British Gas will continue to underperform both the broader market and the utility sector.
2014 has been a thoroughly disappointing year for investors in Centrica (LSE: CNA). Shares in the domestic energy supplier and exploration company have fallen by 14%, thereby significantly underperforming the FTSE 100's decline of 1.5% since the turn ...
If we look at the last ten years, Centrica's share price often zags, too, so picking up a few in the hope that 2015 may turn out to be a better year for the firm strikes me as a decent trading proposition.
gasring Centrica (LSE: CNA), the owner of the UK's British Gas and Scottish Gas brands, has fallen out of favour with investors this year, and its share price has slumped by 23% over the past 12 months to 306p while the FTSE 100 has only dipped by 3%.