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Fortis Inc.(FTS)

Description: 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 417,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county approximately 94,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 2,799 megawatts (MW) comprising 54 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 982,000 customers in approximately 135 communities in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 539,000 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 hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador serving approximately 262,000 customers with an installed generating capacity of 139 MW, including 97 MW is hydroelectric generation; and on Prince Edward Island serving approximately 78,000 customers through generating facilities with a combined capacity of 150 MW. Additionally, it provides integrated electric utility service to approximately 65,000 customers in Fort Erie, Cornwall, Gananoque, Port Colborne and the District of Algoma in Ontario; approximately 28,000 customers on Grand Cayman, Cayman Islands; and approximately 14,000 customers on certain islands in Turks and Caicos, as well as holds long-term contracted generation assets in British Columbia and Belize. Fortis Inc. was founded in 1977 and is based in St. John's, Canada.


Keywords: Natural Gas Electricity Electric Power S&P/Tsx 60 Index Electric Utility Electricity Distribution Gas Utility Wholesale Electricity Newfoundland And Labrador Hydro Electricity Distribution System

Home Page: www.fortisinc.com

FTS Technical Analysis

Fortis Place
Saint John's, NF A1E 0E4
Canada
Phone: 709 737 2800


Officers

Name Title
Mr. David Gerard Hutchens Pres, CEO & Director
Ms. Jocelyn H. Perry Exec. VP & CFO
Mr. James R. Reid Exec. VP of Sustainability & Chief Legal Officer
Mr. Gary J. Smith Exec. VP of Operations & Innovation
Mr. Kevin D. Woodbury VP of Innovation & Technology
Mr. Ronald J. Hinsley Chief Information Officer & VP
Ms. Stephanie A. Amaimo VP of Investor Relations
Ms. Karen M. McCarthy BPR, M.Ed VP of Communications & Corp. Affairs
Mr. Regan P. O'Dea VP & Gen. Counsel
Ms. Susan M. Gray Exec. VP of Western Utility Operations

Exchange: NYSE

Country: US

Currency: US Dollar ($)

GIC Sector: Utilities
GIC Group: Utilities
GIC Industry: Electric Utilities
GIC Sub-Industry: Electric Utilities
Forward PE: 18.9394
Trailing PE: 20.5372
Price-to-Book MRQ: 1.3819
Price-to-Sales TTM: 1.8471
IPO Date: 2016-01-04
Fiscal Year End: December
Full Time Employees: 9100
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