{
 "as_of": "2026-11-06",
 "cmr": "pl-cm-kg/XWAR/PLERGZB00014",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ERG (GPW Main Market: PLERGZB00014) — research page\n\nAs of 2026-11-06 · pl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is recorded as ERG, listed on GPW Main Market, with ticker PLERGZB00014, ISIN PLERGZB00014 and LEI 259400UZN7ULCQIAFT64. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 24 filings in the twelve months to 2026-11-06, on 14 filing days. Of these, 21 are ESPI Current, 2 are ESPI Quarterly and 1 is ESPI half years. The median gap between filing days is 21 days. The latest filing is dated 2026-10-22, an ESPI Current, 15 days before the record date. On GPW Main Market, 436 issuers hold a median of 31.0 filings, a median cadence gap of 8.0 days and a median latency of 10 days. The sector median is not on the record.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, as this market's register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1.\n\n## Coverage\n\nThe issuer's investor-relations page names 9 research houses: Banca Akros, BOFA Merrill Lynch, Equita, Intermonte, Intesa SanPaolo, Kepler Cheuvreux, Mediobanca, Morgan Stanley and Oddo Securities.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No sealed years hold the issuer. The market earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.pl-cm-kg.ai/events/XWAR/PLERGZB00014 (the disclosure lines)\n- https://www.gpw.pl/zawieszenia-i-wykluczenia (the halt flag)\n- https://pl.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage (coverage)\n- https://mcp.pl-cm-kg.ai/record/XWAR/PLERGZB00014 (the record)\n",
 "market": "PL",
 "node": "pl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the PL vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "PL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "pl-cm-kg/XWAR/PLERGZB00014",
  "coverage": {
   "count": 9,
   "houses": [
    {
     "analyst": "Francesco Sala",
     "house": "Banca Akros",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "25 august 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Alexandre Braunshausen",
     "house": "BOFA Merrill Lynch",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "22 september 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Roberto Letizia",
     "house": "Equita",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "6 november 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Paolo Citi",
     "house": "Intermonte",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "3 november 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Davide Candela",
     "house": "Intesa SanPaolo",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "6 november 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Emanuele Oggioni",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "3 november 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Beatrice Gianola",
     "house": "Mediobanca",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "3 august 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Sarah Lester",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "31 july 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Philippe Ourpatian",
     "house": "Oddo Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "30 september 2026",
     "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage",
     "result": "read: 9 of 18 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "stated per house where the page states it",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 436,
     "median_cadence_gap_days": 8,
     "median_filings": 31,
     "median_latency_days": 10,
     "name": "GPW Main Market"
    },
    "sector": {
     "market": "PL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ESPI Current": 21,
    "ESPI Quarterly": 2,
    "ESPI half years": 1
   },
   "cadence_median_gap_days": 21,
   "filing_days": 14,
   "filings": 24,
   "latency_days": 15,
   "latest": [
    {
     "category": "ESPI Current",
     "date": "2026-10-22",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=499262&title=Wykaz+akcjonariuszy+posiadaj%C4%85cych+powy%C5%BCej+5%25+g%C5%82os%C3%B3w+na+NWZ+w+dniu+22+pa%C5%BAdziernika+2026r.",
     "title": "Wykaz akcjonariuszy posiadających powyżej 5% głosów na NWZ w dniu 22 października 2026r.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-10-22",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=499261&title=Tre%C5%9B%C4%87+uchwa%C5%82+podj%C4%99tych+przez+Nadzwyczajne+Walne+Zgromadzenie+ERG+S.A.+w+dniu+22+pa%C5%BAdziernika+2026+r",
     "title": "Treść uchwał podjętych przez Nadzwyczajne Walne Zgromadzenie ERG S.A. w dniu 22 października 2026 r",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-24",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497581&title=Zwo%C5%82anie+Nadzwyczajnego+Walnego+Zgromadzenia+ERG+S.A.+na+dzie%C5%84+22+pa%C5%BAdziernika+2026+r.",
     "title": "Zwołanie Nadzwyczajnego Walnego Zgromadzenia ERG S.A. na dzień 22 października 2026 r.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI half years",
     "date": "2026-09-24",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497543",
     "title": null,
     "type": "ESPI half years"
    },
    {
     "category": "ESPI Current",
     "date": "2026-08-05",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=494934&title=Zawiadomienie+z+art.+69+Ustawy+o+ofercie+publicznej",
     "title": "Zawiadomienie z art. 69 Ustawy o ofercie publicznej",
     "type": "ESPI Current"
    }
   ],
   "latest_filing_date": "2026-10-22",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLERGZB00014",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "GPW Main Market"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLERGZB00014"
   },
   "jurisdiction": {
    "market": "PL",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN PLERGZB00014)",
    "state": "sourced",
    "value": "259400UZN7ULCQIAFT64"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "ERG"
   },
   "sector": {
    "market": "PL",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "PL",
    "state": "not_on_record"
   },
   "segment": {
    "market": "PL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLERGZB00014"
   },
   "website": {
    "market": "PL",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "PL",
  "node": "pl-cm-kg",
  "numbers_hash": "sha256:b6d8aee26e25d4ad5a127aa83ed843dcc1d6098153aafd81725c4934ba296837",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://pl.eu-cm-kg.ai/book/aio.json",
    "door": "https://pl.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/pl/mifid-ii-product-governance/r1",
   "section": "pl.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.pl-cm-kg.ai/record/XWAR/PLERGZB00014",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:b6d8aee26e25d4ad5a127aa83ed843dcc1d6098153aafd81725c4934ba296837",
 "path": "/pl/XWAR/PLERGZB00014",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is recorded as ERG, listed on GPW Main Market, with ticker PLERGZB00014, ISIN PLERGZB00014 and LEI 259400UZN7ULCQIAFT64. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 24 filings in the twelve months to 2026-11-06, on 14 filing days. Of these, 21 are ESPI Current, 2 are ESPI Quarterly and 1 is ESPI half years. The median gap between filing days is 21 days. The latest filing is dated 2026-10-22, an ESPI Current, 15 days before the record date. On GPW Main Market, 436 issuers hold a median of 31.0 filings, a median cadence gap of 8.0 days and a median latency of 10 days. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor and its location are not on the record. Auditor changes are not on the record, as this market's register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 9 research houses: Banca Akros, BOFA Merrill Lynch, Equita, Intermonte, Intesa SanPaolo, Kepler Cheuvreux, Mediobanca, Morgan Stanley and Oddo Securities.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No sealed years hold the issuer. The market earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLERGZB00014"
  },
  {
   "for": "the halt flag",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia"
  },
  {
   "for": "the orderability chapter",
   "source": "https://pl.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.erg.eu/en/investor-relations/analysts-consensus-and-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.pl-cm-kg.ai/record/XWAR/PLERGZB00014"
  }
 ],
 "title": "ERG (PLERGZB00014) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}