KEN

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Kenon Holdings (TASE:KEN) is back in focus after approving an interim cash dividend of about US$200 million, or US$3.85 per share, alongside releasing its full year 2025 earnings report. See our latest analysis for Kenon Holdings. At a share price of ₪262.2, Kenon has seen firm share price momentum recently, with a 19.4% 90 day share price return and a 162.79% total shareholder return over the past year. This suggests investor sentiment has strengthened around its power generation and dividend story. If this mix of income and price gains has your attention, it could be a good moment to broaden your watchlist and check out 96 top founder-led companies Yet with Kenon trading on strong recent gains and paying out a sizeable US$3.85 per share dividend, the real question is whether you are looking at an underappreciated utility player or a stock where the market is already pricing in future growth. On a P/E of 66.1x at a price of ₪262.2, Kenon trades at a far richer earnings multiple than much of the regional renewable energy space, which points to a market that is already paying up for its earnings profile. The P/E ratio compares the share price to earnings per share, so a higher figure usually means investors are willing to pay more for each unit of current earnings. For an owner and operator of power generation assets, that kind of premium often reflects expectations around cash flow stability, growth from new projects, or confidence in future profitability, rather than current earnings alone. Here, Kenon’s 66.1x P/E sits well above the Asian renewable energy industry average of 15.9x, so the market is valuing its earnings at more than 4x the sector level. At the same time, the company’s earnings have declined by 23.9% per year over the past 5 years and fell sharply over the past year, while return on equity is a modest 4.6%. That combination suggests the current multiple is not being supported by recent profit trends, and instead reflects investors assigning a steep premium to the existing earnings base. The gap to peers is clear, with the stock screening as expensive compared to the broader Asian renewable energy industry yet only in line with its immediate peer group, where the average P/...

SINGAPORE, March 30, 2026 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for 2025 and additional updates. 2025 and Recent Highlights Kenon In March 2026, Kenon's board of directors approved a cash dividend of $3.85 per share (approximately $200 million). In the first quarter of 2026, Kenon cash settled its capped call arrangement with a bank over five million ZIM shares, resulting in gross cash proceeds to Kenon of approximately $34 million, subject to tax. OPC In March 2026, OPC issued new shares in a private placement for gross proceeds of approximately NIS 800 million (approximately $257 million). OPC's net profit in 2025 was $132 million, as compared to $53 million in 2024. OPC's 2025 and 2024 net profit included its share in profit of CPV of $152 million and $45 million, respectively. OPC's Adjusted EBITDA including proportionate share in associated companies1 in 2025 was $457 million, as compared to $332 million in 2024. Discussion of Results for the Year ended December 31, 2025 Kenon's consolidated results of operations essentially comprise the consolidated results of OPC Energy Ltd. ("OPC"). See Exhibit 99.2 of Kenon's Form 6-K dated March 30, 2026 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share in associated companies (which is a non-IFRS measure) to profit for the period; a summary of financial information of OPC's subsidiaries. OPC The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, which are denominated in NIS for purposes of OPC's financial statements, as translated into U.S. Dollars for Kenon's financial statements. Summary Financial Information of OPC For a summary of OPC's results please refer to Appendix B. Revenue Set forth below is a summary of OPC's revenue in Israel and the U.S. for the year ended December 31, 2025 and 2024. OPC's revenue increased by $121 million in 2025 as compared to 2024. Excluding the impact of translating OPC's revenue from NIS to USD3, OPC's revenue increased by $65 million in 2025 as compared to 2024. Set forth below is a discussion of changes in the key components in revenue for 2025 as compared to 2024. Israel Revenue from private customers in respect of infr...

Kenon Holdings (KEN) reported Monday 2025 earnings from continuing operations of $1.27 per diluted s

SINGAPORE, Dec. 3, 2025 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for Q3 2025 and additional updates. Q3 and Recent Highlights Kenon In November 2025, Kenon sold a small portion of its OPC shares for gross proceeds of NIS 340 million (approximately $100 million). OPC In October 2025, OPC announced the financial closing and commencement of construction of the Basin Ranch Project, a gas-fired power plant project in Texas with an estimated 1.35 GW capacity (as described below), and CPV's entry into an agreement to acquire the remaining 30% interest in the Basin Ranch Project. In October 2025, OPC announced that CPV had entered into an agreement to acquire the remaining approximately 11% interest in CPV Shore. In November 2025, OPC issued new shares in a private placement for gross proceeds of approximately NIS 340 million (approximately $100 million). In November 2025, OPC issued NIS 460 million (approximately $140 million) of Series D bonds. OPC's net profit in Q3 2025 was $69 million, as compared to $23 million in Q3 2024. OPC's Q3 2025 and Q3 2024 net profit included its share in net profit of CPV of $61 million and $17 million, respectively. OPC's Adjusted EBITDA including proportionate share in associated companies[1] in Q3 2025 was $156 million, as compared to $108 million in Q3 2024. Discussion of Results for the Three Months ended September 30, 2025 Kenon's consolidated results of operations essentially comprise the consolidated results of OPC Energy Ltd ("OPC"), in which Kenon held an approximately 49.8% interest as of September 30, 2025. See Exhibit 99.2 of Kenon's Form 6-K dated December 3, 2025 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share in associated companies (which is a non-IFRS measure) to profit for the period; a summary of financial information of OPC's subsidiaries. OPC The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, which are denominated in NIS, as translated into U.S. Dollars for Kenon's financial statements. Summary Financial Information of OPC Revenue Set forth below is a summary of OPC's revenue in Israel and the U.S. for the three months ended September 30, 2025 ("Q3 2025...

SINGAPORE (AP) — SINGAPORE (AP) — Kenon Holdings Ltd. (KEN) on Wednesday reported profit of $25 million in its third quarter. The Singapore-based company said it had net income of 45 cents per share. The holding company posted revenue of $265 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEN at https://www.zacks.com/ap/KEN

SINGAPORE, Aug. 28, 2025 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for Q2 2025 and additional updates. Q2 and Recent Highlights OPC OPC raised total gross proceeds of NIS 1,750 million ($506 million) through offerings of new shares in June and August 2025. In June 2025, OPC raised gross proceeds of NIS 850 million ($240 million) in an offering of new shares. Kenon participated in the offering for a total investment of approximately NIS 316 million ($90 million). In August 2025, OPC issued new shares in a private placement for gross proceeds of NIS 900 million ($266 million). OPC's Adjusted EBITDA including proportionate share in associated companies1 in Q2 2025 was $90 million, as compared to $66 million in Q2 2024. In August 2025, the Israeli Government approved the plan to construct the Hadera 2 project, which is expected to be 850MW. Discussion of Results for the Three Months ended June 30, 2025 Kenon's consolidated results of operations essentially comprise the consolidated results of OPC Energy Ltd ("OPC"). See Exhibit 99.2 of Kenon's Form 6-K dated August 28, 2025 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share in associated companies (which is a non-IFRS measure) to profit for the period; a summary of financial information of OPC's subsidiaries. OPC The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, which are denominated in NIS for purposes of OPC's financial statements, as translated into US dollars for Kenon's financial statements. Summary Financial Information of OPC For a summary of OPC's results please refer to Appendix B. Revenue Set forth below is a summary of OPC's revenue in Israel and the U.S. for the three months ended June 30, 2025 ("Q2 2025") and 2024 ("Q2 2024"). OPC's revenue increased by $15 million in Q2 2025 as compared to Q2 2024. Excluding the impact of translating OPC's revenue from NIS to USD4, OPC's revenue increased by $8 million in Q2 2025 as compared to Q2 2024. Set forth below is a discussion of significant changes in revenue between Q2 2025 and Q2 2024. Israel Revenue from private customers in respect of infrastructure services in Israel – Increased by $9 million in...

SINGAPORE, May 28, 2025 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (ASE: KEN) ("Kenon") announces its results for Q1 2025 and additional updates. Q1 and Recent Highlights Kenon In April 2025, Kenon distributed a cash dividend of approximately $250 million ($4.80 per share). OPC OPC's net profit in Q1 2025 was $26 million, as compared to $4 million in Q1 2024. OPC's Q1 2025 net profit included its share in profit of CPV of $38 million as compared to $20 million in Q1 2024. OPC's Adjusted EBITDA including proportionate share in associated companies1 in Q1 2025 was $110 million, as compared to $95 million in Q1 2024. Discussion of Results for the Three Months ended March 31, 2025 Kenon's consolidated results of operations essentially comprise the consolidated results of OPC Energy Ltd ("OPC"). See Exhibit 99.2 of Kenon's Form 6-K dated May 28, 2025, for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share in associated companies (which is a non-IFRS measure) to profit for the period; a summary of financial information of OPC's subsidiaries. OPC The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, which are denominated in NIS for purposes of OPC's financial statements, as translated into US dollars for Kenon's financial statements. Summary Financial Information of OPC For details of OPC's results please refer to Appendix B. Revenue OPC's revenue increased by $9 million in Q1 2025 as compared to Q1 2024. Excluding the impact of translating OPC's revenue from NIS to USD3, OPC's revenue increased by $6 million in Q1 2025 as compared to Q1 2024. Set forth below is a discussion of significant changes in revenue between Q1 2025 and Q1 2024. OPC's revenue from the sale of electricity to private customers is derived from electricity sold at the generation component tariffs, as published by the Israeli Electricity Authority ("EA"), with some discount. Accordingly, changes in the generation component tariffs generally affect the prices paid by customers under Power Purchase Agreements of OPC-Rotem and OPC-Hadera. The weighted-average generation component tariff in Q1 2025 was NIS 0.2939 per KW hour, which is approximately 3% lower than the weighted-average generation c...

SINGAPORE, April 2, 2025 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for 2024 and additional updates. Q4 and Recent Highlights Kenon In April 2025, Kenon's board of directors approved a cash dividend of approximately $250 million ($4.80 per share). In Q4 2024, Kenon sold all of its remaining interest in ZIM for net consideration of $394 million. Kenon has repurchased approximately 681 thousand shares for an amount of approximately $20 million pursuant to its share repurchase plan since its announcement in September 2024, for a total of 1.8 million shares since the establishment of its repurchase program in March 2023. OPC Financial results: - OPC's net profit in 2024 was $53 million, as compared to a net profit of $47 million in 2023. OPC's 2024 net profit included its share in profit of CPV of $45 million as compared to $66 million in 2023. - OPC's Adjusted EBITDA including proportionate share in Adjusted EBITDA of associated companies[1] in 2024 was $332 million as compared to $304 million in 2023. Discussion of Results for the Year ended December 31, 2024 Kenon's consolidated results of operations from its operating companies essentially comprise the consolidated results of OPC Energy Ltd ("OPC"). See Exhibit 99.2 of Kenon's Form 6-K dated April 2, 2025 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share in Adjusted EBITDA of associated companies (which is a non-IFRS measure) to profit for the period; and a summary of financial information of OPC's subsidiaries. OPC The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, which are denominated in NIS for purposes of OPC's financial statements, as translated into US dollars for Kenon's financial statements. For details of OPC's results please refer to Appendix B. OPC's revenue increased by $59 million in 2024 as compared to 2023. Excluding the impact of translating OPC's revenue from NIS to USD[3], OPC's revenue increased by $61 million in 2024 as compared to 2023. Set forth below is a discussion of significant changes in revenue between 2024 and 2023. OPC's revenue from the sale of electricity to private customers is derived from electricity sold at the gener...