Welcome to our dedicated page for Fortis news (Ticker: FTS), a resource for investors and traders seeking the latest updates and insights on Fortis stock.
Fortis Inc. (FTS) generates frequent news as a diversified participant in the North American regulated electric and gas utility industry. Its disclosures highlight activity across electric and gas utilities and transmission businesses that serve customers in five Canadian provinces, ten U.S. states and the Caribbean. Because Fortis is active in multiple jurisdictions and operates through several utility subsidiaries, its news flow covers a broad range of topics relevant to utility investors and sector observers.
News items for Fortis commonly include quarterly and annual financial results, where the company reports net earnings, capital expenditures and progress on its multi-year capital plans. These releases often discuss rate base growth, regulatory developments and capital allocation decisions. Fortis also issues news about dividend declarations on its common and preference shares, providing information on payment dates, record dates and dividend designations for tax purposes.
Regulatory and strategic updates are another important category of Fortis news. The company reports on general rate applications, rate frameworks, and decisions by regulators in jurisdictions such as British Columbia, Arizona and New York that affect its utilities. It also provides updates on capital projects and asset dispositions, such as the sale of its utility in Turks and Caicos and its assets in Belize, and on opportunities related to transmission investments and load growth.
Sustainability and governance topics appear in Fortis’ news as well, including sustainability update reports, greenhouse gas emissions reduction progress and targets, and results from annual shareholder meetings covering director elections, auditor appointments and advisory votes on executive compensation. For investors and analysts, following Fortis news offers insight into its regulated growth strategy, capital planning, regulatory environment and shareholder returns. This news page aggregates these releases so users can review financial updates, regulatory milestones, project developments and corporate actions in one place.
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Fortis Inc. (FTS) will announce its Q1 2023 financial results on May 3, 2023, at 8:30 a.m. Eastern time. President and CEO David Hutchens, along with CFO Jocelyn Perry, will discuss the results during a teleconference. Interested parties can join by calling 1.888.886.7786 (North America) or 1.416.764.8658 (International) and are encouraged to call 10 minutes early. A live and archived audio webcast will be accessible on the company's website. Additionally, Fortis will hold its Annual Meeting of Shareholders on May 4, 2023, at 9:00 a.m. Eastern, both in-person and online. This meeting will allow shareholders to submit questions during the Q&A session.
Fortis is a leading North American utility company, generating $11 billion in revenue and managing $64 billion in assets as of December 31, 2022, with over 9,200 employees serving customers across various regions.
Fortis Inc. will announce its first quarter 2023 financial results on May 3, 2023, during a teleconference at 8:30 a.m. (Eastern). CEO David Hutchens and CFO Jocelyn Perry will discuss the results. Interested participants can join by calling 1.888.886.7786 (North America) or 1.416.764.8658 (International). The Annual Meeting of Shareholders is scheduled for May 4, 2023, at 9:00 a.m. (Eastern) in St. John's, Newfoundland. Fortis reported 2022 revenue of $11 billion and total assets of $64 billion as of December 31, 2022.
Fortis Inc. has filed its audited Consolidated Financial Statements and Management Discussion for the year ending December 31, 2022. The reports indicate a revenue of $11 billion and total assets of $64 billion. The Corporation serves utility customers in five Canadian provinces, nine U.S. states, and three Caribbean countries. The Management Information Circular for the upcoming Annual Meeting of Shareholders is anticipated to be available in late March 2023. Fortis shares are listed on both the TSX and NYSE under the symbol FTS, with more information accessible via their official website.