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.

Fortis Inc. runs projects in the North American regulated electric and gas utility industry. Considering the number of projects that may be completed through 2023, free cash flow will most likely trend north soon.

Fortis: Completion Of Energy Projects Will Likely Push The Price Up

Fortis Inc. (NYSE:FTS ) Q2 2022 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Stephanie Amaimo - Vice President, Investor Relations David Hutchens - President & Chief Executive Officer Jocelyn Perry - Executive Vice President & Chief Financial Officer Roger Dall'Antonia - President & Chief Executive Officer, FortisBC Inc Linda Apsey - President & Chief Executive Officer, ITC Holdings Corp Charlie Freni - President & Chief Executive Officer, Central Hudson Gas and Electric Conference Call Participants Maurice Choy - RBC Robert Hope - Scotiabank Ben Pham - BMO Mark Jarvi - CIBC Andrew Kuske - Credit Suisse Matthew Weekes - iA Capital Michael Sullivan - Wolfe Research Dariusz Lozny - Bank of America Operator Good morning ladies and gentlemen. Thank you for standing by.

Fortis Inc. (FTS) CEO David Hutchens on Q2 2022 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of -8.33% and 12.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Lags Q2 Earnings Estimates

ST. JOHN'S, Newfoundland and Labrador, July 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that Douglas J. Haughey will be stepping down as Chair of the Board and Jo Mark Zurel will be appointed Chair of the Board, effective January 1, 2023.

Jo Mark Zurel to Succeed Douglas J. Haughey as Chair of the Board of Fortis Inc. Effective January 1, 2023

ST. JOHN'S, Newfoundland and Labrador, July 28, 2022 (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 second quarter results1 and 2022 Sustainability Report.

Fortis Inc. Releases Second Quarter 2022 Results and 2022 Sustainability Report

ST. JOHN'S, Newfoundland and Labrador, July 27, 2022 (GLOBE NEWSWIRE) --                         The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:

Fortis Inc. Announces Third Quarter Dividends - 2022

ST. JOHN'S, Newfoundland and Labrador, July 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday, July 28, 2022. 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 second quarter financial results.

Advisory: Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2022 Results

ST. JOHN'S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday, July 28, 2022. 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 second quarter financial results.

Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2022 Results

TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power (TEP) is seeking updated rates in late 2023 to support safe, reliable service and its transition to cleaner energy.

TEP Seeks New 2023 Rates to Support Reliable Service, Cleaner Energy

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Fortis Inc. Announces Redemption Price of Its 2.85% Senior Unsecured Notes Due December 12, 2023

Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes

Fortis is one of the largest electric utilities in the world, boasting operations all throughout North America and the Caribbean. The company is investing heavily in "clean" energy, although it unfortunately has not provided any list of specific projects that it plans to construct.

Fortis: Strong Renewable Ambitions And Financials But Appears Overpriced

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Fortis Inc. Announces Redemption of Its 2.85% Senior Unsecured Notes Due December 12, 2023

ST. JOHN'S, Newfoundland and Labrador, May 05, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special 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; on an advisory basis to accept the Corporation's approach to executive compensation; and the amendment of the Corporation's second amended and restated 2012 employee share purchase plan to increase the share reserve.

Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay and Amendment of Employee Share Purchase Plan

ST. JOHN'S, Newfoundland and Labrador, May 05, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced the retirement of Nora Duke, EVP, Sustainability and CHRO after a 36-year career with the Corporation. Following on Ms. Duke's retirement, Jim Reid, currently EVP, Chief Legal Officer and Corporate Secretary, is appointed EVP, Sustainability and Chief Legal Officer effective July 1, 2022. Jim will assume oversight of sustainability, human resources, communications and government relations, in addition to his legal and governance portfolio.

Fortis Announces Executive Changes

Fortis Inc. (NYSE:FTS ) Q1 2022 Earnings Conference Call May 4, 2022 8:30 AM ET Company Participants Stephanie Amaimo – Vice President-Investor Relations David Hutchens – President and Chief Executive Officer Jocelyn Perry – Executive Vice President and Chief Financial Officer Roger Dall'Antonia – President and Chief Executive Officer-FortisBC Inc Linda Blair – President and Chief Executive Officer-ITC Holdings Corp Charles Freni – President and Chief Executive Officer-Central Hudson Gas and Electric Conference Call Participants Maurice Choy – RBC Capital Markets Linda Ezergailis – TD Securities Rob Hope – Scotiabank Ben Pham – BMO Mark Jarvi – CIBC Capital Markets Richard Sunderland – JPMorgan Andrew Kuske – Credit Suisse David Quezada – Raymond James Matthew Weekes – IA Capital Markets Michael Sullivan – Wolfe Research Dariusz Lozny – Bank of America Operator Welcome to the Fortis First Quarter Conference Call and Webcast. [Operator Instructions] At this time, I would like to turn the conference over to Ms.

Fortis' (FTS) CEO David Hutchens on Q1 2022 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of 1.64% and 9.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Q1 Earnings and Revenues Top Estimates

ST. JOHN'S, Newfoundland and Labrador, May 04, 2022 (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 and announced a 2050 net-zero target.

Fortis Inc. Releases First Quarter 2022 Results and Announces Net-Zero Target

ST. JOHN'S, Newfoundland and Labrador, April 28, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2022 financial results on Wednesday, May 4, 2022. 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.

Advisory: Fortis Inc. to Hold Teleconference on May 4 to Discuss First Quarter 2022 Results and Hold Annual and Special Meeting on May 5

Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fortis (FTS) Earnings Expected to Grow: Should You Buy?

ST. JOHN'S, Newfoundland and Labrador, April 06, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2022 financial results on Wednesday, May 4, 2022. 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.

Fortis Inc. to Hold Teleconference on May 4 to Discuss First Quarter 2022 Results and Hold Annual and Special Meeting on May 5

TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power (TEP) will seek new wind and solar generation, energy storage systems and other resources such as energy efficiency with an All-Source Request for Proposals (ASRFP) it plans to issue on Tuesday, April 19. The due date for proposals is expected to be July 1, 2022. The ASRFP will target resources to support TEP's 2020 Integrated Resource Plan (IRP), which calls for TEP to reduce its carbon emissions by 80 percent and to supply more than 70 per

Tucson Electric Power to Issue All-Source Request for Proposals for Additional Energy Resources

TUCSON, Ariz.--(BUSINESS WIRE)--UniSource Energy Services will seek new wind and solar generation, energy storage systems and other resources such as energy efficiency with an All-Source Request for Proposals (ASRFP) it plans to issue on Tuesday, April 19. The due date for proposals is expected to be July 1, 2022. The ASRFP will target resources to support UniSource's 2020 Integrated Resource Plan (IRP), which calls for increased use of owned or contracted generating resources and reduced depen

UniSource to Issue All-Source Request for Proposals for Additional Energy Resources

ST. JOHN'S, Newfoundland and Labrador, March 09, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has made significant progress on its commitment as a Task Force for Climate-Related Financial Disclosures ("TCFD") supporter, with today's release of its first TCFD and Climate Assessment Report , demonstrating the Corporation's further alignment with the four pillars of the TCFD framework.

News for Fortis Stock (FTS)