Companhia Paranaense de Energia Stock News

Companhia Paranaense de Energia - COPEL (NYSE:ELP ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Daniel Slaviero - Chief Executive Officer Felipe Gutterres - Chief Financial Officer Rodolfo Lima - Director, Commercialization Moacir Bertol - Chief Subsidiary Officer Conference Call Participants Bruno Amorin - Goldman Sachs Lilyanna Yang - HSBC Daniel Travitzky...

I recommend buying COPEL due to its attractive valuation, cost control, and reduced leverage, despite mixed 2Q24 results with stable revenues and margins. Revenues grew 2.2% annually to BRL 5.4 billion, driven by strong distribution offsetting weak generation, with a strategy to mitigate future energy price risks. Net income surged 53.9% YoY to BRL 474 million, boosted by a non-recurring item, ...

Companhia Paranaense de Energia – COPEL (NYSE:ELP ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Daniel Slaviero - Chief Executive Officer Felipe Gutterres - Chief Financial Officer Rodolfo Lima - Director, Commercialization Marcelo Monteiro - Independent Director Conference Call Participants Bruno Amorim - Goldman Sachs Luiza Candiota - Itau BBA Guilherme Lim...

Copel has been privatized and is focusing on divesting small businesses to improve efficiency and capital structure. The company's financial indicators are strong, with potential for repricing and shareholder value creation. Despite a sell recommendation by Quant Rating, Copel's valuation is attractive compared to sector average, making it a good investment opportunity.