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EDN

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

https://www.edenor.com

Industry

Regulated Electric

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Empresa de Energía del Cono Sur S.A.

Open

42.33

Mkt cap

2.2B

Volume

150K

High

44.98

P/E Ratio

16.54

52-wk high

51.69

Low

41.61

Div yield

N/A

52-wk low

13.78

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) held its Q3 2024 earnings call, discussing financial results and recent developments aimed at strengthening its position as an energy leader.

Portfolio Pulse from

November 11, 2024 | 4:45 pm

Empresa (EDN) is highlighted as an attractive investment option due to its strong momentum and reasonable pricing. It has been identified as a stock that fits the 'Fast-Paced Momentum at a Bargain' criteria.

Portfolio Pulse from

November 11, 2024 | 3:00 pm

The article discusses whether value investors should consider buying Empresa Distribuidora Y Comercializadora Norte S.A. Edenor (EDN) stock, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions.

Portfolio Pulse from

November 07, 2024 | 4:00 pm

Argentine stocks listed in the US are seeing a rise in share prices following Banco de la Nacion's announcement of its intention to issue debt and re-enter international capital markets after 30 years.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:14 pm

Edenor (NYSE: EDN), the largest electricity distribution company in Argentina, has appointed Daniel Marx as Chairman and CEO, effective August 31. This follows the resignation of Neil Bleasdale from these roles for personal reasons, though he remains a regular Director.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:45 am

Argentina's President Javier Milei's reform bill has led to protests and a planned general strike by the CGT union. The bill includes controversial measures such as government employee layoffs, privatization of public companies, and constitutional reforms. The market has reacted negatively, with the S&P Merval index falling 2.5% and 17 out of 23 companies losing ground. However, individual stocks like Edenor (EDN) have seen significant gains year-to-date. The Global X MSCI Argentina ETF (ARGT) initially rose 24% post-election but may be impacted by the current unrest.

Portfolio Pulse from Neil Dennis

December 29, 2023 | 3:41 pm

Javier Milei was inaugurated as Argentina's president, promising radical economic changes amid a hyperinflationary crisis. Milei plans to cut government spending to combat inflation projected to potentially reach 15,000%. U.S. officials attended the inauguration, indicating potential for improved U.S.-Argentina relations. Since Milei's election, Argentine stocks have surged, with the Global X MSCI Argentina ETF (ARGT) up 20%, and companies like EDN, YPF, TEO, and MELI showing significant gains.

Portfolio Pulse from Piero Cingari

December 11, 2023 | 5:12 pm

In 2023, three country ETFs outperformed the S&P 500 and Nasdaq 100, offering beneficial diversification for U.S.-based investors. The top performers were iShares MSCI Poland ETF (NYSE:EPOL), iShares MSCI Mexico ETF (NYSE:EWW), Global X MSCI Greece ETF (NYSE:GREK), Global X MSCI Argentina ETF (NYSE:ARGT), and Global X MSCI Nigeria ETF (NYSE:NGE). These ETFs track the performance of their respective country's stock market and are not currency hedged, exposing them to local currency fluctuations.

Portfolio Pulse from Piero Cingari

June 27, 2023 | 4:32 pm

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