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Fortis (FTS) Company Profile

Updated May 3, 2019
Fortis has the following business profile:
Company's Full Name:Fortis Inc.
Short Name:Fortis
Trading Ticker Symbol:FTS
Primary Exchange:NYSE
Headquarter City/Country:St. John's, NF
Primary Industry Sector:Public Utilities
Seconday Sub-sector:Electric Utilities
Main Business Areas: Public Utilities, Electric Utilities, Utilities
Dividend Payments:Dividend History

Market and Trading Information for Fortis

The following details were available for trading and market data about the stock of Fortis as of writing:
Current Share Price:$36.91
Previous Year's Closing Price:$33.36
Percentage Price Change (YTD):10.64%
Market Cap:$16.01 billion
52-week Price Range:$30.88 - $37.75
Dividend Per Share:$1.75
EPS (TTM):1.73
Price-Earnings (Trailing):21.38
Price-Earnings (Forward):14.14

Company Profile and Business Description for Fortis

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to approximately 422,000 retail customers in southeastern Arizona; and 96,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 2,834 megawatts (MW), including 64 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 64 MW; and distributes natural gas to approximately 1,008,000 customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 556,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador serving approximately 266,000 customers with an installed generating capacity of 139 MW; and on Prince Edward Island serving approximately 80,000 customers through generating facilities with a combined capacity of 145 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 44,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos, as well as holds long-term contracted generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility. It also owns and operates transmission and distribution lines; and natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Peer / Competitor Companies of Electric Utilities Sector

Along with Fortis Inc., the following other peer (competitor) companies also exist within the same Electric Utilities - Public Utilities sector whose company profile and dividend history is as follows:

▶ 8point3 Energy Partners LP (CAFD): 8point3 Energy Partners LP, incorporated on March 3, 2015, owns, operates and acquires solar energy generation projects. As of November 30, 2016, the Companys portfolio consisted of interests in 642 ....See Detailed Company Profile  and Dividend History.

▶ AES Corp (AES): The AES Corporation, incorporated on January 28, 1981, is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The ....See Detailed Company Profile  and Dividend History.

▶ Alabama Power (ALP^O): ....See

▶ Algonquin Power and Utilities (AQN): Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United State....See Detailed Company Profile  and Dividend History.

▶ American Electric Power (AEP): American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers i....See Detailed Company Profile  and Dividend History.

▶ Atlantic Power (AT): Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2017, its power generation projects had an aggregate gross electric generation....See Detailed Company Profile  and Dividend History.

▶ Atlantica Yield (ABY): Atlantica Yield plc, formerly Abengoa Yield plc, incorporated on December 17, 2013, is a total return company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines ....See Detailed Company Profile  and Dividend History.

▶ Avangrid (AGR): Avangrid, Inc., incorporated on September 23, 1997, is an energy and utility company. The Company operates through three segments: Networks, Renewables and Gas. The Company is engaged in the regulated ....See Detailed Company Profile  and Dividend History.

▶ Azure Power Global (AZRE): Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates sol....See Detailed Company Profile  and Dividend History.

▶ Black Hills (BKH): Black Hills Corporation, incorporated on April 28, 2000, is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through ....See Detailed Company Profile  and Dividend History.

▶ Black Hills (BKHU): Black Hills Corporation, incorporated on April 28, 2000, is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through ....See Detailed Company Profile  and Dividend History.

▶ Brookfield Renewable Partners (BEP): Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as ....See Detailed Company Profile  and Dividend History.

▶ Calpine (CPN): Calpine Corporation, incorporated on June 27, 1996, is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in ....See Detailed Company Profile  and Dividend History.

▶ CenterPoint Energy (CNP): CenterPoint Energy, Inc., incorporated on August 31, 2001, is a public utility holding company. The Companys operating subsidiaries own and operate electric transmission and distribution facilities, and natural gas distribution ....See Detailed Company Profile  and Dividend History.

▶ Centrais Electricas Brasileiras (EBR): Centrais Eletricas Brasileiras SA, incorporated on June 11, 1962, is a Brazil-based holding company engaged in the electric power generation and transmission. Its subsidiaries are responsible for 39,453 MW of ....See Detailed Company Profile  and Dividend History.

▶ Centrais Electricas Brasileiras (EBR.B): Centrais Eletricas Brasileiras SA, incorporated on June 11, 1962, is a Brazil-based holding company engaged in the electric power generation and transmission. Its subsidiaries are responsible for 39,453 MW of ....See Detailed Company Profile  and Dividend History.

▶ Comp En De Mn Cemig ADS (CIG): Companhia Energetica de Minas Gerais-CEMIG, incorporated on May 22, 1952, is a holding company that is engaged in the generation, transmission and distribution of electricity. The Companys segments include Generation, ....See Detailed Company Profile  and Dividend History.

▶ Companhia Paranaense COPEL (ELP): Companhia Paranaense de Energia - Copel, incorporated on October 26, 1954, is engaged in the generation, transmission, distribution and sale of electricity primarily in the Brazilian State of Parana. The ....See Detailed Company Profile  and Dividend History.

▶ Covanta Holding (CVA): Covanta Holding Corporation, incorporated on April 16, 1992, is a holding company. The Company, through its subsidiaries, owns and operates infrastructure for the conversion of waste to energy, as well ....See Detailed Company Profile  and Dividend History.

▶ CPFL Energia (CPL): CPFL Energia S.A., incorporated on March 20, 1998, is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Electric Utilities Sector.

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