Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2020, the company provided water services through 10.1 million water connections to approximately 27.5 million people; and sewage services through 8.5 million sewage connections to approximately 24.3 million people, as well as operated 87,568 kilometers of water pipes and water transmission lines, and 59,660 kilometers of sewer lines. It also offers water and/or sewage services to other municipalities through special purpose companies. The company was founded in 1954 and is headquartered in São Paulo, Brazil.
IPO Year: 2002
Exchange: NYSE
Website: sabesp.com.br
| Date | Price Target | Rating | Analyst |
|---|
SC 13D - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Subject)
SC 13D - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Subject)
Company achieves corporate governance standards in the stock market and it is ready for the challenges of regulatory framework SÃO PAULO, May 9, 2022 /PRNewswire/ -- Sabesp celebrates on Monday (09/05) its 20th listing anniversary on the New York Stock Exchange (NYSE) with participation in the "Closing Bell" ceremony, as well as presentation and meetings with investors. The only Brazilian sanitation company listed on NYSE, after two decades of participation in the main international stock market, Company's investments reached one third of all the contribution made in sanitation in Brazil, which allowed significant improvements to Brazilian people, also attracting private capital and opening
SÃO PAULO, April 29, 2021 /PRNewswire/ -- Companhia de Saneamento Básido do Estado de São Paulo – Sabesp ("Companhia" or "Sabesp") hereby informs its Shareholders that were approved at the Annual and Extraordinary Shareholders' l Meeting held today the payment of interest on own capital related to the period from January to December 2020, to the Shareholders registered as such on April 29, 2021. I – AMOUNT, DATE AND CREDIT AND PAYMENT TERMS The interest on own capital, totaling two hundred and seventy-one million, nine hundred and sixty-eight thousand, five hundred and seventy-six reais and eighty-eight cents (R$ 271,968,576.88) corresponding to R$ 0.3979 per common share, will be paid on
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
JP Morgan upgraded Saneamento Basico from Neutral to Overweight
Company achieves corporate governance standards in the stock market and it is ready for the challenges of regulatory framework SÃO PAULO, May 9, 2022 /PRNewswire/ -- Sabesp celebrates on Monday (09/05) its 20th listing anniversary on the New York Stock Exchange (NYSE) with participation in the "Closing Bell" ceremony, as well as presentation and meetings with investors. The only Brazilian sanitation company listed on NYSE, after two decades of participation in the main international stock market, Company's investments reached one third of all the contribution made in sanitation in Brazil, which allowed significant improvements to Brazilian people, also attracting private capital and opening
SÃO PAULO, March 29, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM), of August 23, 2021, hereby informs its shareholders and the market in general that the Executive Board of São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo), at an extraordinary meeting held on 03/28/2022, unanimously resolved to recognize the proven economic and financial capacity of Sabesp pursuant to Federal Law 11,445/2007, amended by Federal Law 14,026/2020 and the Federal Decree 10,710/2021. The
SÃO PAULO, March 25, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP ((B3: SBSP3, NYSE:SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its fourth quarter and 2020 results. In 2021, the net operating revenue, which considers construction revenue, totaled R$ 19,491.0 million, up by 9.5% over 2020. Adjusted EBITDA totaled R$ 6,372.7 million. The Company recorded a net income of R$ 2,305.9 million, compared to the R$ 973.3 million reported in 2020, an increase of R$ 1,332.6 million (+136.9%). The complete version of the release is available at the Company's website: ri.sabesp.com.br I
SÃO PAULO, March 17, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM - Comissão de Valores Mobiliários), of August 23, 2021, hereby informs its shareholders and the market in general that, the São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo) published today Resolution Nº 1,278 which deals with the 2022 tariff readjustment. The Company highlights the following: Art. 1st. To approve the total readjustment of 12.8019% (twelve and eight thousand and nineteen percent) on
SÃO PAULO, Feb. 10, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company"), in compliance with the terms set forth in Resolution of the Brazilian Securities and Exchange Commission ("CVM") No. 44, of August 23, 2021, hereby informs its shareholders and the market in general that, on this date, it was approved, in the 961st meeting of the Board of Directors of the Company, the 30th issuance of simple, unsecured and non-convertible debentures, in up to two series, for public distribution, with restricted placement efforts, pursuant to CVM Rule No. 476, dated as of January 16, 2009, as amended ("CVM Rule 476"), in the total amount of one billion reais (R
SÃO PAULO, Dec. 30, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM - Comissão de Valores Mobiliários), of August 23, 2021, hereby informs its shareholders and the market in general that, on a meeting held at this date, the Board of Directors approved the Capex Plan for the period 2022 to 2026, in the amount of R$ 23.8 billion. Capex Plan (R$ million) (Constant values at December 2021 prices) 2022 2023 2024 2025 2026 Total Water supply 2,209 2,026 1,853 1,926 1,869 9,883 Sewage collection 1,869 1,989 2,005 2,534 2,235 10,632 Sewage treatment
SÃO PAULO, Nov. 11, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP ((B3: SBSP3, NYSE:SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its third quarter of 2021 results. The net operating revenue, which considers construction revenue, totaled R$ 5,153.9 million in 3Q21, up by 16.1% over 3Q20. Costs and expenses, which consider construction costs, totaled R$ 3,933.5 million, up by 13.8% over 3Q20. Adjusted EBIT, of R$ 1,224.4 million, rose by 24.3% over the R$ 985.4 million recorded in 3Q20. Adjusted EBITDA, of R$ 1,789.3 million, increased by 18.2% over the R$ 1,513.6 million record
SÃO PAULO, Oct. 28, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – SABESP ("SABESP" or "Company"), in compliance with the terms set forth in Resolution of the Comissão de Valores Mobiliários ("CVM") No. 44, of August 23, 2021, hereby informs its shareholders and the Market that, on this date, it was approved, in the 953th meeting of the Board of Directors of the Company ("RCA"), the consummation of the 29th (twenty ninth) debenture issuance, with the following characteristics: simple, non-convertible, unsecured, in up to three series ("Debentures"), for public distribution, pursuant to CVM Instruction No. 400 of December 29, 2003, as amended ("CVM Instruction 40
SÃO PAULO, Sept. 29, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to the provisions CVM Instruction nº 44, of August 23, 2021, hereby informs its shareholders and the market in general that, on a meeting held at this date by the State Privatization Program's Board (Conselho Diretor do Programa Estadual de Desestatização – CDPED), established by State Law nº 9,361, of July 5, 1996, in view of the New Sanitation Regulatory Framework (Federal Law nº 14,026/2020), as well as State Law nº 17,383/2021, which defined the Regional Basic Sanitation Units for the State of São Paulo, unanimously resolved: (i) to recommend the hi
SÃO PAULO, Aug. 12, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP ((B3: SBSP3, NYSE:SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its second quarter of 2021 results. The Company recorded a net income of R$ 773.1 million in 2Q21, compared to R$ 378.2 million in 2Q20. The net operating revenue, which considers construction revenue, totaled R$ 4,595.9 million in 2Q21, up by 3.7% over 2Q20. Costs and expenses, which consider construction costs, totaled R$ 3,700.0 million, up by 10.4% over 2Q20. Adjusted EBITDA, of R$ 1,453.2 million, fell by 8.1% from the R$ 1,581.4 million recorde
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday. The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&P 500, also fell, dropping, 0.60% to 4,105.64. Check This Out: Top 5 Industrials Stocks That May Explode In Q2 Leading and Lagging Sectors Utilities shares rose by 0.3% on Friday. Meanwhile, top gainers in the sector included Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS), up 7%, and Azure Power Global Limited (NYSE:AZRE), up 6%. In trading on Friday, consumer discretionary shares fell 1.2%. Top Headline The total number of active U.S. oil rigs fell by
The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the utilities sector: Pampa Energia (NYSE:PAM) - P/E: 4.1 Suburban Propane Partners (NYSE:SPH) - P/E: 5.95 Kenon Hldgs (NYSE:KEN) - P/E: 4.66 NRG Energy (NYSE:NRG) - P/E: 6.45 Companhia De Saneamento (NYSE:SBS) - P/E: 9.72 This quarter, Pampa Energia experienced a decrease in earnings per share, which was $3.23 in Q3 and is now $2.05. S
Companies Reporting Before The Bell • IDEX Biometrics (NASDAQ:IDBA) is estimated to report earnings for its third quarter. • Wix.com (NASDAQ:WIX) is expected to report quarterly loss at $0.09 per share on revenue of $343.33 million. • ArcelorMittal (NYSE:MT) is estimated to report quarterly earnings at $1.25 per share on revenue of $18.36 billion. • Navios Maritime Partners (NYSE:NMM) is estimated to report earnings for its third quarter. • TG Therapeutics (NASDAQ:TGTX) is estimated to report earnings for its third quarter. • Dillard's (NYSE:DDS) is estimated to report earnings for its third quarter. • VerifyMe (NASDAQ:VRME) is projected to report earnings for its third quarter. • Wa
Gainers LogicBio Therapeutics, Inc. (NASDAQ:LOGC) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca's subsidiary, Alexion, for $2.07 per share. FedNat Holding Company (NASDAQ:FNHC) jumped 308.7% to close at $0.47 after dipping around 28% on Friday. Oblong, Inc. (NASDAQ:OBLG) gained 167% to settle at $0.40. Shares of several companies in the technology sector traded higher as stocks rebound following recent weakness. FingerMotion, Inc. (NASDAQ:FNGR) shares rose 92.9% to close at $6.50 after the stock rose more than 80% Friday. Wearable Devices Ltd. (NASDAQ:WLDS) gained 48.9% to close at $1.31 after declining around 8% on Fr
Gainers LogicBio Therapeutics, Inc. (NASDAQ:LOGC) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca's subsidiary, Alexion, for $2.07 per share. FedNat Holding Company (NASDAQ:FNHC) jumped 223% to $0.3725 after dipping around 28% on Friday. FingerMotion, Inc. (NASDAQ:FNGR) shares gained 63.3% to $5.50 after the stock rose more than 80% Friday. Avenue Therapeutics, Inc. (NASDAQ:ATXI) gained 47.1% to $14.83. Myovant Sciences Ltd. (NYSE:MYOV) shares gained 36% to $24.43 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash. Wearable Devices Ltd. (NASDAQ:WLDS)
U.S. stocks traded higher, with the Dow Jones gaining more than 500 points on Monday. Here are some big stocks recording gains in today’s session. Viasat, Inc. (NASDAQ:VSAT) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion. Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) gained 20.2% to $10.95. InterDigital, Inc. (NASDAQ:IDCC) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company. Vertiv Holdings Co (NYSE:VRT) jumped 13% to $11.02. Vertiv