COPEL: Value Thesis Taken Shape, Best Yet To Come [Seeking Alpha]
Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) (ELPC)
Company Research
Source: Seeking Alpha
Despite initial reservations, the company's improved operational efficiency and positive cash flow post-privatization justify upgrading the recommendation from neutral to buy. In Q4 2023, ELP reported impressive results, including a 10% increase in EBITDA and doubled annual profit, showcasing its resilience and potential for future growth. The company's strategic capital allocation and focus on securing long-term concessions provide stability and confidence in its future performance. While dividend resumption remains distant, COPEL's promising value thesis and real IRR of over 10% make it a compelling investment opportunity. In this quarterly update on Companhia Paranaense de Energia - COPEL ( NYSE: ELP ), I'm upgrading the company's shares from a neutral position to a buy." As highlighted in my previous article , my initial investment thesis centered on COPEL's privatization, which transitioned from a state-controlled entity in Paraná, Brazil, to a private company. Altho
Show less
Read more
Impact Snapshot
Event Time:
ELPC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ELPC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ELPC alerts
High impacting Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) news events
Weekly update
A roundup of the hottest topics