Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have made and and I have lost money in Centrica (CNA) shares over the last twenty-five odd years. I guess – helped by the dividend flow – I am probably ahead over time, but it has only been a bit more interesting than keeping money in your bank (and let’s not even talk about the reality of underlying inflation over time for this). Unlike over thirty of its peers in the gas/electricity industry, it is highly unlikely to ever go bust though as at least it hedges its purchasing (and the benefit of being ‘British Gas’ for ever, is that you have seen almost all the possible historical challenges out there).
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