Fortis

Fortis, Inc. is a holding company, which engages in energy generation and distribution. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment is composed of ITC, which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson, which provides regulated electric and gas T&D utility services; FortisBC Energy distributes natural gas in British Columbia; FortisAlberta, which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure, which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia, and Corporate & Other includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.

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Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. It operates through the Regulated Utilities and Non-Regulated segments. The Regulated Utilities segment includes ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and Other Electric. The Non-Regulated segment focuses on energy infrastructure and corporate and other. The company was founded in 1885 and is headquartered in St. John's, Canada.

ST. JOHN'S, Newfoundland and Labrador, Feb.  14, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis") President and CEO, Barry Perry, today announced a $500,000 donation to enhance cancer care in Newfoundland and Labrador. 

Fortis Inc. Donates $500,000 to Support Cancer Care in Newfoundland and Labrador

Fortis, Inc. (FTS) CEO Barry Perry on Q4 2019 Results - Earnings Call Transcript

ST. JOHN'S, Newfoundland and Labrador, Feb.  13, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today filed its audited Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2019, as well as its 2019 Annual Information Form, with Canadian securities regulatory authorities. The Corporation has also filed its Form 40-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedar.com (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com, or by emailing investorrelations@fortisinc.com.

Fortis Inc. Files 2019 Year-End Disclosure Documents

ST. JOHN'S, Newfoundland and Labrador, Feb.  12, 2020  (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:

Fortis Inc. Announces Second Quarter Dividends - 2020

Fortis Inc.: A Diversified, Well-Managed Company

ST. JOHN'S, Newfoundland and Labrador, Dec.  11, 2019  (GLOBE NEWSWIRE) --  It is with great sadness that Fortis acknowledges the passing of Ida J. Goodreau. Ida served as the Chair of the Governance and Nominating Committee of the Fortis Inc. Board of Directors and as Chair of the Board of Fortis subsidiary, FortisBC. Ida was a director of Fortis for a decade and served on the board of FortisBC and its predecessor for many years.    Ida was an extraordinary woman who provided years of wise and thoughtful leadership to Fortis. Her vision and insight were strong on many fronts. We are grateful to Ida for being a champion of the Women in Executive Leadership initiative at Fortis, which inspires the growth of our emerging leaders alongside their seasoned peers. Ida was equally passionate about sustainability, supporting and encouraging Fortis in its progress towards a cleaner energy future throughout North America.    A Canadian and international business leader, Ida was a mentor, a friend and a cherished colleague to so many of us in the Fortis family.     We will miss her immensely. On behalf of the Fortis Board of Directors and employees, we extend our deepest condolences to Ida's family and friends.

Statement from Fortis Inc. on the Passing of Ida J.

ST. JOHN'S, Newfoundland and Labrador, Dec.  05, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has issued a total of 1,726,500 common shares of Fortis (the "Common Shares") as a result of the exercise of the over-allotment option (the "Over-Allotment Option") granted by the Corporation to a syndicate of underwriters led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets under its previously announced bought deal public offering (the "Bought Deal"). The exercise of the Over-Allotment Option resulted in gross proceeds to Fortis of C$90 million and, together with the Bought Deal, aggregate gross proceeds of C$690 million.

Fortis Inc. Announces Exercise of C$90 Million Over-Allotment Option in Previously Announced Bought Deal

ST. JOHN'S, Newfoundland and Labrador, Dec.  03, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that it has closed its previously announced bought deal public offering (the "Bought Deal") and concurrent direct registered offering (the "Concurrent Offering" and together with the Bought Deal, the "Offerings"). A total of 21,097,728 common shares of Fortis (the "Common Shares") were sold under the Offerings at a price of C$52.15 per Common Share, resulting in gross proceeds to Fortis of C$1,100 million.

Fortis Inc. Announces Closing of Previously Announced Offering of Common Shares Comprised of C$600 Million Bought Deal and Concurrent C$500 Million Offering to Institutional Investor

ST. JOHN'S, Newfoundland, Nov.  25, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase from Fortis, on a "bought deal" basis, and sell to the public, 11,510,000 common shares of Fortis (the "Common Shares") at a price of C$52.15 per Common Share, resulting in gross proceeds for Fortis of C$600 million (the "Bought Deal").

Fortis Inc. Announces C$1.1 Billion Offering of Common Shares Comprised of C$600 Million Bought Deal and Concurrent C$500 Million Offering to Institutional Investor

ST. JOHN'S, Newfoundland and Labrador, Nov.  25, 2019  (GLOBE NEWSWIRE) -- Barry Perry, President and Chief Executive Officer of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: TSX) today announced the appointment of David Hutchens as Chief Operating Officer, Fortis, effective January 1, 2020.

Fortis Inc. Announces Appointment of Chief Operating Officer

ST. JOHN'S, Newfoundland and Labrador, Nov.  22, 2019  (GLOBE NEWSWIRE) -- ITC Holdings Corp. ("ITC"), a subsidiary of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), received an order from the Federal Energy Regulatory Commission ("FERC") yesterday adopting a new base Return on Equity ("ROE") methodology for transmission owners in the Midcontinent Independent System Operator Inc. ("MISO") region. 

ITC Holdings Corp. Receives Order from FERC on MISO base ROE Matter

ST. JOHN'S, Newfoundland and Labrador, Nov.  20, 2019  (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) has declared the following dividends:

Fortis Inc. Announces First Quarter Dividends - 2020

Fortis Inc. (FTS) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Fortis Enters Oversold Territory

Fortis Inc. (FTS) has been struggling lately, but the selling pressure may be coming to an end soon.

Fortis Sees Hammer Chart Pattern: Time to Buy?

Fortis' (FTS) CEO Barry Perry on Q3 2019 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of 2.04% and -2.37%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Q3 Earnings Beat Estimates

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Recent rate cuts are likely to have boosted third-quarter earnings for Utilities.

Utility Stock Q3 Earnings Due on Nov 1: D, FTS, HE & POR

ST. JOHN'S, Newfoundland and Labrador, Oct.  25, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its third quarter 2019 financial results on Friday, November 1, 2019. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's third quarter 2019 financial results.

Advisory: Fortis Inc. to Hold Teleconference on November 1 to Discuss Third Quarter 2019 Results

ST. JOHN'S, Newfoundland and Labrador, Oct.  04, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its third quarter 2019 financial results on Friday, November 1, 2019. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's third quarter 2019 financial results.

Fortis Inc. to Hold Teleconference on November 1 to Discuss Third Quarter 2019 Results

ST. JOHN'S, Newfoundland and Labrador, Sept.  23, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that its subsidiary, FortisBC, has set a greenhouse gas ("GHG") reduction target. The utility said earlier today it has set an ambitious goal to reduce GHG emissions associated with their customers’ energy use by 30 percent overall by the year 2030. This announcement, along with other developments at Fortis utilities, demonstrates our commitment to a lower carbon economy.

Fortis Utilities Take Action to Decrease Greenhouse Gas Emissions and Increase Renewable Energy Use

Fortis Inc. présente ses nouvelles perspectives quinquennales et annonce une augmentation du dividende trimestriel de 6,1 %

Fortis Inc. Provides New Five-Year Outlook and Announces 6.1% Quarterly Dividend Increase

ST. JOHN’S, Terre-Neuve-et-Labrador,  05 sept. 2019  (GLOBE NEWSWIRE) -- Fortis Inc. (« Fortis » ou la « Société ») (TSX/NYSE:FTS) tiendra une journée investisseurs le mardi 10 septembre 2019 à Novi, au Michigan.

Fortis inc. tiendra une journée investisseurs chez ITC à Novi, au Michigan, le 10 septembre prochain

ST. JOHN'S, Newfoundland and Labrador, Sept.  03, 2019  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will hold an Investor Day on Tuesday, September 10, 2019, in Novi, Michigan. 

Fortis Inc. to Hold Investor Day at ITC in Novi, Michigan on September 10

Fortis Inc. (FTS) CEO Barry Perry on Q2 2019 Results - Earnings Call Transcript

News for Fortis Stock (FTS)