Fortis Inc. (FTS) News

Fortis Inc. (FTS): $42.61

-0.28 (-0.65%)

POWR Rating

Component Grades

Momentum

C

Stability

A

Sentiment

Quality

C

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Industry: Utilities - Foreign

Industry

B

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FTS News Highlights

  • For FTS, its 30 day story count is now at 3.
  • Over the past 10 days, the trend for FTS's stories per day has been choppy and unclear. It has oscillated between 1 and 2.

Latest FTS News From Around the Web

Below are the latest news stories about FORTIS INC that investors may wish to consider to help them evaluate FTS as an investment opportunity.

3 Incredible Dividend Stocks to Buy in May and Go Away

These three often-overlooked Canadian dividend stocks are certainly looking attractive for investors seeking value right now.

Chris MacDonald on InvestorPlace | May 17, 2023

Fortis Inc. (TSE:FTS) is a favorite amongst institutional investors who own 56%

Key Insights Given the large stake in the stock by institutions, Fortis' stock price might be vulnerable to their...

Yahoo | May 17, 2023

11 Best Canadian Dividend Stocks For Income Investors

In this article, we discuss 11 best Canadian dividend stocks for income investors. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best Canadian Dividend Stocks For Income Investors. Inflation is hammering the globe and Canada is no exception. Inflation in Canada picked […]

Yahoo | May 7, 2023

Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors and Say on Pay

ST. JOHN'S, Newfoundland and Labrador, May 04, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, and voting on an advisory basis to accept the Corporation's approach to executive compensation. Election of Direct

Yahoo | May 4, 2023

Should You Be Worried About Fortis Inc.'s (TSE:FTS) 6.6% Return On Equity?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

Yahoo | May 3, 2023

Fortis Inc. Releases First Quarter 2023 Results

ST. JOHN'S, Newfoundland and Labrador, May 03, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results1. Highlights First quarter net earnings of $437 million, or $0.90 per common share, up from $350 million, or $0.74 per common share in 2022Adjusted net earnings per common share2 of $0.91, up from $0.78 in the first quarter of 2022Capital

Yahoo | May 3, 2023

This 6.7%-Yielding Dividend Stock Continues Adding Fuel to Grow the Payout

Enbridge (NYSE: ENB) has an elite growth track record. Enbridge recently unveiled its latest deal, which should give it more fuel to sustain and grow its 6.7%-yielding dividend. Enbridge has agreed to acquire Aitken Creek Storage from a subsidiary of Fortis (NYSE: FTS) for 400 million Canadian dollars ($295 million).

Yahoo | May 2, 2023

Enbridge Inks Pact With Fortis To Acquire Aitken Creek Natural Gas Storage For C$400M

Enbridge Inc (NYSE: ENB) inked a pact with Fortis Inc. (NYSE: FTS) to acquire Aitken Creek natural gas storage facility in British Columbia for C$400 million. Under the deal, Enbridge will acquire 93.8% interest in Aitken Creek Gas Storage facility and a 100% interest in Aitken Creek North Gas Storage facility - collectively called Aitken Creek Storage. Aitken Creek Storage is an underground reservoir in the heart of Canada's prolific Montney production region. It has a total working gas capacit

Yahoo | May 1, 2023

Fortis Inc. Announces Sale of Aitken Creek Natural Gas Storage Facilities in British Columbia

ST. JOHN'S, Newfoundland and Labrador, May 01, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, today announced FortisBC Holdings Inc. ("FHI") has entered into a definitive share purchase and sale agreement with a subsidiary of Enbridge Inc. (TSX/NYSE: ENB) to sell its 93.8% ownership interest in the Aitken Creek Natural Gas Storage Facility in British Columbia and it

Yahoo | May 1, 2023

Advisory: Fortis Inc. To Hold Teleconference on May 3 to Discuss First Quarter 2023 Results and Hold Annual Meeting on May 4

ST. JOHN'S, Newfoundland and Labrador, April 25, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2023 financial results on Wednesday, May 3, 2023. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's first quarter financial results. Shareholders, an

Yahoo | April 25, 2023


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