Algonquin Power Stock Price, News & Analysis

Algonquin Power & Utilities (NYSE:AQN) reported mixed Q2 2025 financial results, with net earnings declining 90% year-over-year to $17.4 million. The company's adjusted net earnings were $36.2 million, or $0.04 per share, down 13% from the previous year.

The Regulated Services Group saw a 2% decrease in net earnings, while the Hydro Group posted a 176% increase. The company reduced its dividend by 40% to $0.0650 per share. AQN provided a three-year financial outlook, projecting adjusted earnings per share of $0.30-$0.32 for 2025, rising to $0.42-$0.46 by 2027. The company plans $2.5 billion in utility capital expenditures through 2027 and expects to maintain its BBB investment grade rating without requiring common equity financings.

[ "Hydro Group net earnings increased 176% to $9.1 million", "Implementation of approved rates across gas and water utilities", "Filed rate case requests totaling $73.6 million", "No common equity financings needed through 2027", "Projected earnings growth from $0.30-0.32 in 2025 to $0.42-0.46 in 2027" ]

Algonquin Power & Utilities (NYSE:AQN) has scheduled its second quarter 2025 financial results release for August 8, 2025, before market open. The company will host an earnings conference call the same day at 8:30 a.m. ET.

The conference call will feature presentations from CEO Rod West and Interim CFO and VP of Investor Relations Brian Chin. Investors can access the call through toll-free and toll dial-in numbers or via webcast on the company's website.

Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) has appointed Amy Walt as Chief Customer Officer, effective June 30. Walt will oversee customer experience across the company's water, gas, and electric operations, reporting directly to CEO Rod West. Her responsibilities include developing customer-focused strategy and operating models focused on sustainable affordability, reliability, and innovation. Walt brings over 25 years of utility industry experience, having held senior leadership positions at Entergy, Consumers Energy, and DTE Energy, where she specialized in customer operations, revenue management, and strategic transformation initiatives.

Algonquin Power & Utilities Corp (TSX/NYSE: AQN) has appointed Noel Black as Chief Regulatory and External Affairs Officer, effective June 30, in a newly created position. Black, who brings over 30 years of experience from Southern Company (NYSE:SO), will lead AQN's regulatory strategy, government relations, and external communications. Reporting to CEO Rod West, Black will focus on advancing Algonquin's pure-play utility objectives and 'Back to Basics' customer-centric plan. In his previous role, Black served as Senior VP of Federal Regulatory Affairs at Southern Company, where he managed regulatory policy, governmental affairs, and strategic planning for a utility serving over nine million customers. His appointment aligns with AQN's strategy to enhance customer service, regulatory relationships, and stakeholder engagement.

Algonquin Power & Utilities Corp. (AQN) held its annual meeting of shareholders where 11 directors were elected to the board with strong shareholder support. All nominees received over 90% approval, with most securing over 99% of votes. Brett Carter received 96.47% approval, while Daniel Goldberg received the lowest approval at 92.40%. Shareholders also approved the re-appointment of Ernst & Young LLP as auditor, the continuation and amendment of the Company's Shareholder Rights Plan, and endorsed the company's executive compensation approach through an advisory vote. Complete voting results will be filed with Canadian and U.S. securities regulatory authorities.

Algonquin Power & Utilities Corp (NYSE: AQN) announced its 'Back to Basics' utility customer-centric capital plan for 2025-2027, focusing on customer experience, operational efficiencies, and regulatory outcomes. Under new CEO Rod West's leadership, the company expects significant improvements including a 300bps increase in Earned ROE to 8.5% by 2027, 5-7% reduction in operating expenses, and Adjusted Net Earnings per share of $0.30-$0.32 (2025), $0.35-$0.37 (2026), and $0.42-$0.46 (2027). The plan includes $2.5 billion in utility capital expenditures through 2027, with no equity issuance needed. AQN aims to maintain its BBB investment grade ratings while focusing on four key stakeholders: customers, communities, employees, and investors.

Algonquin Power & Utilities Corp. (AQN) reported strong Q1 2025 financial results, with significant year-over-year improvements. Net earnings reached $95.4 million, compared to a loss of $56.8 million in Q1 2024. The Regulated Services Group saw 43% growth in net earnings, driven by new utility rates and an $8.2 million depreciation true-up. The company benefited from a one-time $13.4 million tax recovery and secured revenue increases of $22.3 million from four rate cases. AQN completed the sale of its renewable energy business to LS Power for approximately $2.1 billion, marking its transition to a pure-play regulated utility. Under new CEO Rod West, who joined in March 2025, the company reduced its dividend payments by 33% and plans to host an investor update on June 3, 2025, to discuss its financial outlook.

Algonquin Power & Utilities (NYSE: AQN) has declared its second quarter 2025 dividends. The company will pay a common share dividend of US$0.0650 (C$0.0897) on July 15, 2025, to shareholders of record on June 30, 2025. Additionally, AQN announced preferred share dividends: Series A at C$0.41100 and Series D at C$0.42831, both payable on June 30, 2025, to holders of record on June 13, 2025.

Shareholders can receive dividends in either USD or CAD, with beneficial shareholders needing to contact their financial intermediary for currency preference. The company confirms these dividends qualify as eligible dividends under Canadian tax legislation.

Algonquin Power & Utilities (TSX/NYSE: AQN) has scheduled the release of its first quarter 2025 financial results for Friday, May 9, 2025, before market open. The company will host an earnings conference call at 8:30 a.m. ET on the same day.

The call will feature Chief Executive Officer Rod West and Interim Chief Financial Officer and Vice President of Investor Relations Brian Chin. Investors can access the call through toll-free (1-800-715-9871) or toll (1-647-932-3411) numbers using Conference ID 4990414. A webcast will also be available on the company's website.