ENLAY News and Press, Enel SpA ADR From 05/09/23

2023-05-09 19:32:00 ET Summary The Top 40 European utilities will invest a total of €128bn in 2023. According to the European integrated utilities' capital expenditure plans, 48% of their investments will be dedicated to renewables, representing about €46bn in total....

2023-05-04 05:19:13 ET Summary Enel has outperformed by double digits since my last article. During the first quarter, the company over-delivered on their disposals and is well on its way to achieve its debt-cutting target a year earlier than expected. Even after a 50% rally s...

2023-05-03 23:49:10 ET Enel SpA (ENLAY) Q1 2023 Earnings Conference Call May 3, 2023 12:00 PM ET Company Participants Monica Girardi - Head of Group IR Francesco Starace - CEO Alberto de Paoli - CFO Conference Call Participants Presentation ...

2023-05-03 16:00:07 ET Enel SpA press release ( OTCPK:ENLAY ): Q1 GAAP EPS of €0.10. Revenue of €26.41B (-22.6% Y/Y). Ordinary EBITDA: €5,463 million (€4,486 million in the first quarter of 2022, +21.8%). EBITDA: €...

2023-04-28 12:01:21 ET Summary Partial exit from Mexico is a positive catalyst and reflects Iberdrola assets quality. Iberdrola delivered a solid set of numbers with an EBITDA growth of almost 40%. We are reiterating our buy; however, Enel is trading at a lower P/E and a highe...

2023-04-28 10:00:00 ET Summary Geothermal energy is a low-carbon source that can provide reliable baseload. Between the political opposition to nuclear power and the intermittency of wind and solar, geothermal may emerge as more important. There aren't that many investment cho...

2023-04-19 05:20:19 ET Summary We are now climbing a wall of worry in the stock market. How “Climbing a Wall of Worry” rallies end. How to invest from now until the end of the wall of worry. The stock market is often said to climb a wall of worry. This ...

2023-04-13 14:02:37 ET Summary Enel sold its assets in Romania and Peru for a total value of €1.26 and €3.1 billion respectively. This is in line with the company's debt-cutting plan. In addition, there are rumors for a €2 billion buyback to support Enel's sto...

2023-03-25 04:21:35 ET Summary I am, at heart, a contrarian value investor with an eye towards anything that people "hate" for the time being. My latest article lifted 3 such potentials. This time, and following a very chaotic week with more chaos to come, I'm highlighting more op...

2023-03-23 02:12:07 ET Summary Enel is a leader in driving the energy transition and has a geographically dispersed, vertically integrated business model that positions it for growth opportunities in various energy-related businesses. FY22 results were better than expected, with h...