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CPFL Energia SA (CPL.N)

CPL.N on New York Stock Exchange

14.39USD
7 Dec 2016
Change (% chg)

$0.19 (+1.34%)
Prev Close
$14.20
Open
$14.26
Day's High
$14.40
Day's Low
$14.20
Volume
103,184
Avg. Vol
115,330
52-wk High
$15.61
52-wk Low
$6.39

CPL.N

Chart for CPL.N

About

CPFL Energia S.A. is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related services. Its segments include Distribution, Conventional Generation Sources, Renewable Generation Sources, Commercialization, Services and... (more)
No analyst recommendations are available for CPL.N.

Overall

Beta: 1.45
Market Cap(Mil.): $7,285.97
Shares Outstanding(Mil.): 508.96
Dividend: 0.12
Yield (%): 0.88

Financials

  CPL.N Industry Sector
P/E (TTM): 23.23 8.60 13.69
EPS (TTM): 0.61 -- --
ROI: 3.90 9.48 6.66
ROE: 13.62 14.08 11.67

CPFL says shareholder Energia SP FIA to exercise tag-along rights

SAO PAULO, Sept 28 Brazilian power company CPFL Energia SA shareholder Energia São Paulo Fundo de Investimento em Ações has decided to exercise tag-along rights in a deal with China's State Grid Corp, according to a securities filing by CPFL on Wendesday.

Sep 28 2016

UPDATE 1-Brazil Previ fund to sell CPFL stake to China's State Grid

SAO PAULO, Sept 23 Brazil's largest pension fund Previ decided to sell its stake in power company CPFL Energia SA to China's utility State Grid Corp, according to a CPFL securities filing on Friday.

Sep 23 2016

Brazil's CPFL says Previ fund to sell stake to State Grid

SAO PAULO, Sept 23 Brazilian power company CPFL Energia SA said on Monday that pension fund Previ will exercise its right to sell its holding in the company to China's State Grid, which has already bought a controlling stake in CPFL.

Sep 23 2016

Brazil's Bonaire to decide on CPFL stake buyout on Sept. 27

SAO PAULO, Sept 22 An investment holding company comprised of four Brazilian pension funds will decide on whether to accept State Grid Corp of China's bid for their combined stake in CPFL Energia SA on Sept. 27.

Sep 22 2016

Deals of the day-Mergers and acquisitions

Sept 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

Sep 14 2016

Brazil pension fund Previ inclined to sell CPFL stake

FLORIANOPOLIS, Brazil Caixa de Previdência dos Funcionários do Banco do Brasil is inclined to accept State Grid Corp of China's bid for CPFL Energia SA , an electricity utility in which Brazil's largest pension fund has a 29.4 percent stake, Chief Executive Officer Gueitiro Genso said on Tuesday.

Sep 13 2016

State Grid to conclude Brazil's CPFL deal Friday: source

SAO PAULO State Grid Corp of China [STGRD.UL] plans to sign final terms of the purchase of a 23.6 percent stake in Brazilian power holding company CPFL Energia SA from conglomerate Camargo Correa SA as early as Friday, said a person directly involved in the matter.

Aug 31 2016

State Grid to conclude Brazil's CPFL deal Friday -source

SAO PAULO, Aug 31 State Grid Corp of China plans to sign final terms of the purchase of a 23.6 percent stake in Brazilian power holding company CPFL Energia SA from conglomerate Camargo Correa SA as early as Friday, said a person directly involved in the matter.

Aug 31 2016

Brazil's Camargo Correa chairman quits amid asset sales

SAO PAULO Vítor Sarquis Hallack has stepped down as chairman of Camargo Correa SA [PMORRC.UL] as the investment holding company that controls the construction firm engulfed in the country's worst corruption scandal exits some business segments.

Aug 29 2016

Chinese power conglomerates becoming dominant forces in Brazil

SAO PAULO Chinese power conglomerates are gradually becoming the dominant force in Brazil's electricity industry, where high debt, a harsh recession and less stringent takeover barriers than in other major markets have stoked a wave of acquisitions.

Aug 19 2016

Earnings vs. Estimates