Here is how Energias de Portugal (EDPFY) and MYR Group (MYRG) have performed compared to their sector so far this year.
EDP, S.A. (EDPFY) delivered flat EBITDA with some growth in volumes but lower prices. Expecting higher hydro generation and increased European electricity prices to benefit EDP's renewable-heavy asset base, with CCGT-heavy peers losing out. On the negative side, net debt continues to rise, limiting deleveraging and constraining dividend growth despite ongoing capacity expansion.
Energias de Portugal (EDPFY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Here is how Energias de Portugal (EDPFY) and ENGIE BRASL EGA (EGIEY) have performed compared to their sector so far this year.
EDP, S.A. (EDPFY) faces headline profit pressure from slower asset rotations, higher D&A, and weaker hydro generation despite underlying operational strength and wind and solar growth. Capacity additions in renewables, particularly wind and solar, are driving EBITDA, but lower prices and negative mix effects weigh on results. There are at least still signs that these capacity additions are capable of being disposed of attractively in the open market.
EDP, S.A. (OTCPK:EDPFY) Analyst/Investor Day November 6, 2025 5:00 AM EST Company Participants Miguel Viana - Head of Investor Relations & Sustainability Miguel de Andrade - Chairman of the Executive Board of Directors & CEO Rui Manuel Rodrigues Teixeira - CFO & Member of the Executive Board of Directors Conference Call Participants Javier Garrido - JPMorgan Chase & Co, Research Division Arthur Sitbon - Morgan Stanley, Research Division Jenny Ping - Citigroup Inc. Exchange Research Manuel Palomo - BNP Paribas, Research Division Pablo Cuadrado Tordera - JB Capital Markets, Sociedad de Valores, S.A., Research Division Gonzalo Sánchez-Bordona - UBS Investment Bank, Research Division Pedro Nuno Alfarroba Alves Meike Becker - HSBC Global Investment Research Jorge Alonso Suils - Sanford C.
Portugal's largest utility, EDP , plans to invest 12 billion euros ($13.99 billion) between 2026 and 2028, mainly to expand its renewable capacity with a focus on the United States, the company said on Thursday.
EDP is filling up its reservoirs to prepare stores to be able to capture intraday margin with readily available hydro energy. In addition to that optionality, the business is performing decently well across its other areas. We continue to like EDP's relative value, but we want to see at the CMD a clearer balance sheet and dividend plan which we think somewhat holds the valuation back.
Here is how Energias de Portugal (EDPFY) and Innergex (INGXF) have performed compared to their sector so far this year.
EDP CEO Miguel Stilwell de Andrade talks about what has to change after last month's massive power outage in Spain and Portugal
EDP S A ADR (OTCPK:EDPFY) Q1 2025 Earnings Conference Call May 9, 2025 3:30 AM ET Company Participants Miguel Viana - Head of Investor Relations Miguel Stilwell de Andrade - Chief Executive Officer Rui Teixeira - Chief Financial Officer Conference Call Participants Peter Löscher - CaixaBank Javier Garrido - JPMorgan Alberto Gandolfi - Goldman Sachs Olly Jeffery - Deutsche Bank Jorge Guimarães - JB Capital Arthur Sitbon - Morgan Stanley Gonzalo Bordona - UBS Jorge Alonso - Bernstein Operator Good morning. We welcome you to the EDP First Quarter 2025 Results Presentation Conference Call.
Portugal's largest utility EDP reported a stronger-than-expected 21% increase in first-quarter net profit on Friday, after heavy rainfall boosted hydroelectric output in Iberia, where power prices almost doubled.