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Fortis Inc
2 own
2 watching
Current Price
$41.15
$0
(0%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
Market Capitalization
19,764.35M
52-Week High
51.66
52-Week Low
34.76
Average Volume
0.16M
Dividend Yield
0.035445
P/E Ratio
22.1973
Market Capitalization19,764.35M52-Week High51.6652-Week Low34.76Average Volume0.16MDividend Yield0.035445P/E Ratio22.1973What does the Fortis Inc do?
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,143 megawatts (MW), including 59 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
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News & Events about Fortis Inc.
Ticker Report
2days ago
Fortis (NYSE:FTS Get Rating) had its target price boosted by National Bank Financial from C$51.00 to C$55.00 in a research report released on Friday, The Fly reports. National Bank Financial also issued estimates for Fortis FY2023 earnings at $2.22 EPS. FTS has been the topic of ...
CNW Group - News Releases
15days ago
FortisAlberta launches electric vehicle smart charging pilot FortisAlberta launches electric vehicle smart charging pilot Canada NewsWire CALGARY, AB, Jan. 16, 2023 CALGARY, AB, Jan. 16, 2023 /CNW/ -In 2023, FortisAlberta is preparing for an increased demand of Electric Vehicles (EVs) on the road...
Motley Fool Canada
1month ago
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The post Income Seekers: 2 High-Quality Dividend Stocks to Build Wealth Today appeared first on The Motley Fool Canada.
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Motley Fool Canada
1month ago
Are you interested in starting a TFSA? Heres how I would invest if I were to start over!
The post How Id Invest in a TFSA Today if I Were Starting Over appeared first on The Motley Fool Canada.
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Motley Fool Canada
1month ago
Forget Algonquin Power. Canadian investors have a plenty of other safe options of dividend stocks.
The post Whats Next for Algonquin Power Stock as it Falls to New Lows? appeared first on The Motley Fool Canada.
Utility stocks are some of the most stable, less-volatile names across broader markets...
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Current Price
$41.15
$0
(0%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
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