|Bid||2.922 x 200000|
|Ask||2.958 x 200000|
|Day's Range||2.924 - 2.981|
|52 Week Range||2.631 - 3.389|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.01|
EDP – Energias de Portugal SA. (ENXTLS:EDP) trades with a trailing P/E of 10x, which is lower than the industry average of 14x. Although some investors may jump to theRead More...
An all-German deal to split Innogy between RWE and E.ON looks set to create a template for European utilities M&A that includes the demise of the integrated model, no more big cross-border deals and a quest for emerging market growth. Under the deal, announced on Sunday, German utility RWE will combine the renewables businesses of rival E.ON with Innogy's, while E.ON will acquire Innogy's regulated energy networks and customer operations. The deal continues the break-up of E.ON and RWE, which were two vertically integrated utilities before they split their renewables and grids from their thermal generation assets.
By Danilo Masoni MILAN (Reuters) - European shares rose for the fourth consecutive week on Friday as confidence over the region's economic recovery outweighed worries over the Catalonia crisis, whose impact ...
Energias de Portugal (EDPFY) is a pretty good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Let's find out if EDP - Energias de Portugal, S.A. (EDPFY) stock is a good choice for value-oriented investors right now
Rating Action: Moody's affirms GNF's Baa2 ratings following its 20% Spanish gas networks sale announcement. Global Credit Research- 08 Aug 2017. London, 08 August 2017-- Moody's Investors Service, has ...
A spate of dealmaking news swept European stocks on Tuesday, with Worldpay soaring after bid approaches, helping mitigate a broad based pull back from the previous session's strong gains. On Monday, European shares had their strongest day since April 24, when Emmanuel Macron won the first round of France's presidential election. "Today is a consolidation day after gains yesterday, as we don't have a U.S. market," said Angelo Meda, head of equities at Banor Capital.
Portugal's public prosecutor named Energias de Portugal (EDP) CEO Antonio Mexia as a suspect in a corruption investigation on Friday after police searched the offices of EDP, grid operator REN and the local division of Boston Consulting Group. The prosecutor said in a statement the investigation was linked to hundreds of millions of euros in state compensation paid to former monopoly EDP for giving up some long-term power-purchase contracts as part of the liberalisation of the power sector that started in 2004.
Portuguese police searched the offices of power utility EDP-Energias de Portugal, grid operator REN and the local unit of U.S. consulting firm the Boston Consulting Group on Friday as part of a corruption probe, the prosecutor's office said. In a statement, it said the investigation is linked to hundreds of millions of euros in state compensation paid to former monopoly Energias de Portugal for giving up some long-term power-purchase contracts under a liberalisation of the power sector, which began in 2004. Officials at the companies involved were not available for comment, but state news agency Lusa quoted EDP and REN saying they were fully cooperating with the authorities in the investigation.
Rating Action: Moody's affirms REN's Baa3 ratings following agreement to acquire EDP Gas; outlook stable. Global Credit Research- 12 Apr 2017. London, 12 April 2017-- Moody's Investors Service has today ...
Rating Action: Moody's affirms EDP's ratings at Baa3/Prime-3; outlook stable. Global Credit Research- 03 Apr 2017. London, 03 April 2017-- Moody's Investors Service has today affirmed the Baa3/Prime-3 ...
European shares staged a recovery on Tuesday, lifted by strong results and the prospect of deal-making. The STOXX 600 ended up 0.6 percent, with rumours of stake sales moving individual stocks, while criticism of Tesco's takeover of Booker dented the wholesaler's shares. Basic resource stocks led sectoral gainers, up 1.7 percent, on the back of rising copper prices and after suffering their worst daily losses in more than four months on Monday.
European shares rose on Tuesday, boosted by strong results and deal-making across the region, recovering from the previous session's sentiment-fuelled dip. The pan-European STOXX 600 index was up 0.3 percent, with deals in focus as rumours of stake sales moved individual stocks, while criticism of the Tesco takeover dented wholesaler Booker. Basic resource stocks led gains, up 0.8 percent after suffering their worst daily losses in more than four months on Monday.