How do I find the value of British Energy Nuclear Power Notes?
"This BBC article says that nuclear power notes came about when the French energy company EDF purchased British Energy in 2008: The note changes in value with wholesale energy prices and power output levels from British Energy's existing nuclear stations. EDF Energy's website describes these notes under the section titled ""Nuclear Power Notes"": When EDF acquired British Energy in January 2009, Nuclear Power Notes were issued to British Energy shareholders who chose to take them in lieu of 74 pence of cash per British Energy share held. The Nuclear Power Notes are ten year financial instruments (2009 – 2019) which give ex British Energy shareholders a continuing interest in the “EDF Energy Nuclear Generation Fleet”. They are traded on the ICAP Securities & Derivatives Exchange (formerly known as the PLUS Quoted exchange).   Each year a pre-defined calculation is performed to determine whether any cash will be paid to Nuclear Power Note holders. The calculation is dependent on the nuclear output of the EDF Energy Nuclear Generation Fleet (“Eligible Nuclear Output”) and market power prices (“Power Prices”). This calculation may or may not result in a cash payment each year to Nuclear Power Note holders. The MWh/TWh are figures you see are measures of watt-hours, i.e. energy output. The value of nuclear power notes is tied to this output. Looking at the most recent statement (June 2013), you can see a line that looks like this: Month Ahead Price in respect of July 2013: 47.46 GBP/MWh which is an energy spot price for the output of the nuclear plants. I'm not entirely sure of the relationship between this and the payment to shareholders, but if you look at the 2012 Yearly Payment Calculation Notice on the same page, you'll see this in the first section: (a) the Yearly Payment for the period 1 January 2012 to 31 December 2012, (the   Relevant Year ) payable in respect of each CVR on 31 January 2013 shall be zero; The payments were also zero for 2010 and 2011. The 2009 calculation notice, however, states that (a) the Yearly Payment for the period 1 January 2009 to 31 December 2009, (the Relevant Year) payable in respect of each CVR on 31 January 2010 shall be 11.497164 pence stated to 6 decimal places I presume that payment would have appeared in whatever account holds these notes, e.g. your brokerage account. Technically, the financial statements above refer to a Contingent Value Rights (CVR) instrument, which is a derivative linked to the Nuclear Power Notes. This site sums it up better than I can: The British Energy CVRs were created by the issue of nuclear power notes (NPNs) to the target’s shareholders who opted to take up this alternative. The NPNs were issued by Barclays Bank plc and were linked to guaranteed contingent value rights instruments that were issued to Barclays by EDF’s acquisition vehicle (Lake Acquisitions) and which were ultimately guaranteed by EDF Energy plc (Lake CVRs). Barclays is required to make yearly payments to noteholders for 10 years, the amount of which is limited to the corresponding amount paid by Lake Acquisitions to Barclays for the Lake CVRs. Basically, there is a chain of payments through these derivatives that eventually links back to nuclear energy output."
So is it weird that I write my check to the name of the company on the power plant?  I cannot for the life of me see any of the middle men in my distribution channel.  Where I am, you usually get power right from the big energy company (Xcel in my case) or if you live out of town you can opt for the co-op (that buys from Xcel).  The co-op is in theory the better deal because they can negotiate larger volume pricing and all profit from the co-op goes to its members, but there aren't very many steps either way.  edit: after a bit of digging, my power provider is also a buyer, but most definitely the owner of a large nuclear plant near me. "Some years ago, two ""academics,"" Ibbotson and Sinquefield did these calculations. (Roger) Ibbotson, is still around. So Google Roger Ibbotson, or Ibbotson Associates. There are a number of entries so I won't provide all the links." Big solar fan here. I like your argument for nuclear. With the way that electricity power generation works, we need ideally 3 sources of power. Nuclear is one of them. Base load, if you will.  Solar and nat gas can sort of fluctuate against each other as the sunlight changes. And once battery tech updates we can do away with nat gas.   I don't know enough about price/economics on nuclear and if you have a few concise things to share I'd appreciate it. Not asking for you to type a tome. I can always research later but appreciate your input! "The mathematics site, WolframAlpha, provides such data. Here is a link to historic p/e data for Apple. You can chart other companies simply by typing ""p/e code"" into the search box.  For example, ""p/e XOM"" will give you historic p/e data for Exxon. A drop-down list box allows you to select a reporting period : 2 years, 5 years, 10 years, all data.  Below the chart you can read the minimum, maximum, and average p/e for the reporting period in addition to the dates on which the minimum and maximum were applicable." A quick search showed me that UEP merged into Ameren on Dec 31, 1997, and Ameren still exists today.  So I took a look at Ameren's Investor Relations website.   Unfortunately, they don't provide historical stock prices prior to Ameren forming, so starting with 1998.  However, I've had good luck in the past emailing a company's investor relations contact and asking for data like this that isn't on the website.  It's reasonably likely they'll have internal records they could look it up within. "Matt explains the study numbers in his answer, but those are the valuation of the brand, not the value of the company or how ""rich"" the company is.   Presuming that you're asking the value of the company, the usual way for a publicly traded company to be valued is by the market capitalization (1).  Market capitalization is a fairly simple measure, basically the total value of all the shares of stock in that company. You can find the market cap for any publicly traded company on any of the usual finance sites like Google Finance or Yahoo Finance. If by rich you mean the total value of assets (assets being all property, including cash, real property, equipment, and licenses) a company owns, that information is included in a publicly traded company's quarterly SEC filing and investor releases, but isn't usually listed on the popular finance sites. An example can be seen at Duke Energy's Investor Relation Site (the same information can be found for all companies on EDGAR, the SEC's search tool).  If you open the most recent 8-K (quarterly filing), and go to page 8, you can see that they have $33B+ in assets, and a high level breakdown of those. Note that the numbers are given in millions of dollars For a privately held company this information may or may not be available and you'd have to track it down if it is available. I picked Duke Energy because it's the first thing that popped into my mind.  I have no affiliation with Duke, and I don't directly own any of their stock." "The ""c."" is probably circa, or ""about.""  Regulatory settlements is in blue because it's negative; the amount is in parentheses, which indicates a loss. WB and CB might be wholesale banking and commercial banking? BAU probably means ""business as usual"" or things that don't directly apply to the project. Incremental investment is the additional cash a company puts towards its long-term capital assets. FX is probably foreign exchange." Barton Biggs's book Wealth, War and Wisdom aims to answer the question of what investments are best-suited to preserving value despite large-scale catastrophes by looking at how various investments and assets performed in countries affected by WWII.  In Japan, stocks and urban land turned out to be good investments; in France, farm land and gold did better. Stocks outperformed bonds in nearly every country.  Phil Greenspun recently wrote a review of the book. In general, the short answer is to use SEDAR, the Canadian database that compiles financial statements for Canadian companies. The financial statements for Pacific Rubiales Energy Corp can be found here.  The long answer is that the data might be missing because in Canada, each province has their own agency to regulate securities. Yahoo might not compile information from such a wide array of sources. If other countries also have a decentralized system, Yahoo might not take the time to compile financial information from all these sources. There are a myriad of other reasons that could cause this too, however.  This is why SEDAR is useful; it 's the Canadian equivalent of the SEC's EDGAR database, and it maintains a sizeable database of financial statements. Just buy a FTSE-100 tracker. It's cheap and easy, and will hedge you pretty well, as the FTSE-100 is dominated by big mining and oil companies who do most of their business in currencies other than sterling. "Normally I avoid any links pointing to guardian or telegraph or such sites but just was curios to what exactly the content of such a ""paper"" would be.   As expected, it has the seeds of a world war and is a lab factory for future terrorism. How does one expect value without work. US atleast produces some value here and there, but the other countries are just decline stage. Seriously UK? It seems some people can just not let go off their easy life ride or ""way of life"" as it is often referred to - basically create a system highly stacked in one's own favor and then blatantly call out others as conspiracy theorists or some such noun to get them on the defensive. Elimination of public debt should not be allowed for these countries.   There is so much cunningness, guile, cheating, lying in sneaky fashion and so much negativity hiding behind that theory - it is sometimes depressing how world operates and then people complain about it when there is real chance to put checks and balances to stop such disgusting things from taking form." "It's a form of debt issued by the United States Treasury. As the name implies, a 10-year note is held for 10 years (after which you get the face value in cash), and it pays interest twice per year. It's being used in the calculator to stand for a readily available, medium-term, nearly risk-free investment, as a means of ""discounting"" the value that the company gains. The explanation for why the discounting is done can be found on the page you linked. As a Canadian you could use the yield of comparable Canadian treasury securities as quoted by Bank of Canada (which seem to have had the bottom fall out since the new year), although I don't suppose American notes would be hard for a Canadian investor to come by, so if you wanted to be conservative you could use the US figure as long as it's higher." Am I missing something or is the author?  EUP5  USP5  SUP5  PUS5  EDIT: Its not just currency pairs either, 5DEL; EU5L; 5UKL; EU5S; 5DES.  Unless I misunderstood something, the authors worst nightmare has already arrived in Europe. "Fortunately, this can be solved by simply going to the website. Unfortunately, the website is not very well designed, so it took a while to find it! However, looking at the section about entering your own meter reading in, it is clear that this is indeed a ""credit"", meaning ""they owe you money"".  Notice how the costs break down.  They estimated an energy usage (cost equivalent) of £104.09, which resulted in a ""bill"" of £29.77 (credit).  Then the customer entered a meter reading, which resulted in an actual energy usage (cost equivalent) of £142.45.  Since it was £38.36 higher, it went from a credit to a debit of £8.59.   Were £29.77 (Credit) to mean money was owed to SSE, they would owe a bit over £68 instead given the higher energy charges. You can see this help page to inquire about getting a refund, or simply allow this to carry over to your next bill.  Or - consider doing a self-entered meter reading, if one hasn't been done recently, to make sure that any actual excessive usage comes out of your credit (rather than being a shock at one time)." Good day! Did a little research by using oldest public company (Dutch East India Company, VOC, traded in Amsterdam Stock Exchange) as search criteria and found this lovely graph from http://www.businessinsider.com/rise-and-fall-of-united-east-india-2013-11?IR=T :  Why it is relevant? Below the image I found the source of data - Global Financial Data. I guess the answer to your question would be to go there: https://www.globalfinancialdata.com/index.html  Hope this helps and good luck in your search!