Daily Stock Analysis, FTS, Fortis Inc, priceseries

Fortis Inc. Daily Stock Analysis
Stock Information
Open
38.84
Close
38.79
High
38.93
Low
38.65
Previous Close
38.89
Daily Price Gain
-0.10
YTD High
39.21
YTD High Date
Jun 7, 2019
YTD Low
32.25
YTD Low Date
Jan 3, 2019
YTD Price Change
6.32
YTD Gain
19.46%
52 Week High
39.21
52 Week High Date
Jun 7, 2019
52 Week Low
30.05
52 Week Low Date
Jun 19, 2018
52 Week Price Change
8.44
52 Week Gain
27.83%
Company Information
Stock Symbol
FTS
Exchange
NYSE
Company URL
http://www.fortisinc.com
Company Phone
2128547000
CEO
Barry V. Perry
Headquarters
New York
Business Address
ONE CHASE MANHATTAN PLAZA, NEW YORK, NY 10005
Sector
Equity
Industry Category
Utilities
Industry Group
Electric Utilities
CIK
0001058084
About

Fortis, Inc. is an international electric and gas utility holding company. It operates through the following business segments: Regulated Electric & Gas Utilities-United States, Regulated Gas Utilities-Canadian, Regulated Electric Utilities-Canadian, Regulated Electric Utilities-Caribbean, Non-Regulated-Fortis Generation, and Corporate and Other. The Regulated Electric & Gas Utilities-United States segment generates, transmits and distributes electricity to retail customers. The Regulated Gas Utilities-Canadian segment engages in the distribution of natural gas. The Regulated Electric Utilities-Canadian segment owns and operates the electricity distribution system and integrated electric utility operations. The Regulated Electric Utilities-Caribbean segment engages in the two integrated electric utilities that provide electricity to certain islands in Turks and Caicos. The Non-Regulated-Fortis Generation segment engages in the hydroelectric generation operations. The Corporate and Other segment provides alternative energy solutions, including thermal-energy and geo-exchange systems. The company was founded on June 28, 1977 and is headquartered in St. John's, Canada.

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.