STOCK TITAN

Algonquin Power & Utilities Corp. - $AQN STOCK NEWS

Welcome to our dedicated page for Algonquin Power & Utilities news (Ticker: $AQN), a resource for investors and traders seeking the latest updates and insights on Algonquin Power & Utilities stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Algonquin Power & Utilities's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Algonquin Power & Utilities's position in the market.

Rhea-AI Summary
Algonquin Power & Utilities Corp. to release Q3 2023 financial results and hold earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.19%
Tags
-
Rhea-AI Summary
Algonquin Power & Utilities Corp. announces redemption of its 6.875% Fixed-to-Floating Subordinated Notes - Series 2018-A due 2078
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Algonquin Power & Utilities Corp. (AQN) announced plans to pursue a sale of the Renewable Energy Group to unlock the company's value as a pure-play regulated utility. The decision comes after a strategic review to enhance shareholder value. The company also reported second-quarter financial results, including $627.9 million in revenue, a 1% increase year-over-year, and adjusted net earnings of $56.2 million, a 49% decrease.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
Rhea-AI Summary
Algonquin Power & Utilities Corp. declares third quarter 2023 dividends for common and preferred shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
dividends earnings
-
Rhea-AI Summary
Algonquin Power & Utilities Corp. has announced the appointment of Christopher Huskilson as Interim CEO, succeeding Arun Banskota. The company is commencing a search for a permanent CEO. Huskilson has a record of driving growth in the energy industry and will oversee the sale of the renewables business. Algonquin Power & Utilities Corp. reported second quarter 2023 earnings and will pursue a sale of its Renewable Energy Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
-
Rhea-AI Summary
Algonquin Power & Utilities Corp. (AQN) plans to release its Q2 2023 financial results on August 10, 2023, before market open. The earnings conference call will be held at 8:30 a.m. ET on the same day, hosted by President and CEO Arun Banskota and CFO Darren Myers. Conference call details and webcast link are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
Rhea-AI Summary
Starboard Value LP, the largest shareholder of Algonquin Power & Utilities Corp, has issued a letter suggesting that a sale of the company's unregulated renewables business could enhance shareholder value. They believe that such a sale would reduce leverage, lower the dividend payout ratio, and restore investor confidence. Starboard also highlights the value of Algonquin's Water Utility and suggests that a separation of this business could create additional value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.18%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
none
Algonquin Power & Utilities Corp.

NYSE:AQN

AQN Rankings

AQN Stock Data

4.51B
626.42M
0.06%
61.39%
1.84%
Hydroelectric Power Generation
Utilities
Link
United States of America
Oakville

About AQN

algonquin power & utilities corp. is a $3.6 billion north american diversified generation, transmission and distribution utility. the distribution and transmission utilities operate in the united states and provide rate regulated water, electricity and natural gas utility services to over 485,000 customers. the non-regulated generation utility owns or has interests in a portfolio of contracted wind, solar, hydroelectric and natural gas powered generating facilities representing more than 1,100 mw of installed capacity in the united states and canada. algonquin power & utilities delivers continuing growth through an expanding pipeline of renewable energy development projects, organic growth within its regulated distribution and transmission utilities, and the pursuit of accretive acquisitions. common shares and preferred shares are traded on the toronto stock exchange under the symbols aqn, aqn.pr.a and aqn.pr.d. visit algonquin power & utilities at www.algonquinpowerandutilities.com an