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Last C$37.97 CAD
Change Today +0.12 / 0.32%
Volume 444.2K
CU On Other Exchanges
Symbol
Exchange
OTC US
Toronto
Toronto
Frankfurt
As of 4:00 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

canadian utilities ltd-a (CU) Snapshot

Open
C$38.19
Previous Close
C$37.85
Day High
C$38.19
Day Low
C$37.85
52 Week High
01/20/15 - C$44.27
52 Week Low
11/5/14 - C$36.69
Market Cap
10.0B
Average Volume 10 Days
351.9K
EPS TTM
C$2.12
Shares Outstanding
189.4M
EX-Date
05/5/15
P/E TM
17.9x
Dividend
C$1.18
Dividend Yield
2.89%
Current Stock Chart for CANADIAN UTILITIES LTD-A (CU)

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canadian utilities ltd-a (CU) Details

Canadian Utilities Limited engages in the utilities, energy, and structures and logistics businesses. The company’s Utilities segment owns and operates 27 diesel, natural gas turbine and hydro-generating plants, with an aggregate nameplate capacity of 62 megawatts in Alberta, the Yukon and Northwest Territories; and transmits and distributes electricity to approximately 252,000 customers in east-central and northern Alberta. This segment also distributes natural gas to 1.1 million municipal, residential, business, and industrial customers in Alberta and the Lloydminster area of Saskatchewan; and owns and operates approximately 8,500 kilometers of pipelines, 19 compressor sites, and a salt cavern storage peaking facility located near Fort Saskatchewan, Alberta in Canada, as well as 4,000 receipt and delivery points. Its Energy segment supplies regulated and non-regulated electricity and cogeneration steam; gathers, processes, stores, and transmits non-regulated natural gas; extracts natural gas liquids; transmits electricity; and provides industrial water services. This segment offers storage, natural gas procurement, and transportation services to financial institutions, marketing companies, pipelines operators, retail energy providers, and producers. The company’s ATCO Australia segment distributes natural gas through natural gas pipelines and associated infrastructure to 700,000 customers in 18 communities in Australia; and holds interests in 3 natural gas-fired generating plants. Its Corporate & Other segment holds investments in long-term contracted electricity transmission infrastructure in Alberta and Mexico; owns commercial real estate; develops, operates, and supports information systems and technologies; and provides billing services, payment processing, credit, collection, and call center services. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada.

6,800 Employees
Last Reported Date: 04/29/15
Founded in 1927

canadian utilities ltd-a (CU) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$881.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$495.6K
President of Transmission Division - ATCO Ele...
Total Annual Compensation: C$393.8K
Chief Operating Officer of Power & Utilities ...
Total Annual Compensation: C$663.0K
Chief Administration Officer and Senior Vice ...
Total Annual Compensation: C$301.7K
Compensation as of Fiscal Year 2014.

canadian utilities ltd-a (CU) Key Developments

Canadian Utilities Limited Announces Earnings Results for the First Quarter Ended March 31, 2015

Canadian Utilities Limited announced earnings results for the first quarter ended March 31, 2015. For the first quarter 2015, the company's adjusted earnings of $130 million compared to $186 million in 2014. The main driver of this decrease was a one-time earnings adjustment for the years 2013 and 2014 resulting from regulatory decisions received by the Utilities from the Alberta Utilities Commission (AUC) in the first quarter of 2015. The earnings were also impacted by unfavourable market conditions in the Company's Energy businesses. In March 2015, the AUC released decisions on the Generic Cost of Capital and Performance Based Regulation Capital Tracker proceedings that covered the period from the beginning of 2013 to the end of 2015. These decisions reduced first quarter 2015 adjusted earnings in the Utilities by $46 million. Without the one-time earnings adjustments from these decisions related to the years 2013 and 2014, adjusted earnings in the Utilities in the first quarter of 2015 were $23 million higher than the same period last year. The primary reason for increased earnings was due to the ongoing investment in building Alberta's infrastructure. Lower earnings in the first quarter of 2015 in the Energy segment also impacted overall results, primarily due to a 52% decline in average Alberta Power Pool prices in the first quarter of 2015 over the same period in 2014, and lower commodity prices in the Energy Solutions business. Earnings attributable to equity owners were $174 million in the first quarter of 2015 compared to $221 million in 2014. Decreased earnings attributable to equity owners were primarily the result of lower adjusted earnings. Total capital expenditures in the first quarter of 2015 were $390 million.

Canadian Utilities Ltd. Declares Quarterly Dividend on Common and Preferred Shares, Payable June 1, 2015

The board of directors of Canadian Utilities Limited declared quarterly dividend of $29.50 per Class A non-voting and Class B common share. The dividend is payable June 1, 2015 to shareholders of record on May 7, 2015. The board also declared the Cumulative Redeemable Second Preferred Share dividend of $0.25000 per share on Series Y 4.00% shares, $0.30625 per share on Series AA 4.90% shares, $0.30625 per share on Series BB 4.90% shares, $0.28125 per share on Series CC 4.50% shares, and $0.28125 per share on Series DD 4.50% shares, The dividend is payable June 1, 2015 to shareholders of record on May 7, 2015.

Canadian Utilities Ltd. to Report Q1, 2015 Results on Apr 29, 2015

Canadian Utilities Ltd. announced that they will report Q1, 2015 results at 12:30 PM, GMT Standard Time on Apr 29, 2015

 

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CU:CN C$37.97 CAD +0.12

CU Competitors

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Company Last Change
Emera Inc C$40.83 CAD +0.07
Fortis Inc/Canada C$39.18 CAD +0.11
National Fuel Gas Co $65.39 USD -0.32
OGE Energy Corp $32.60 USD +0.23
TransAlta Corp C$11.95 CAD +0.03
View Industry Companies
 

Industry Analysis

CU

Industry Average

Valuation CU Industry Range
Price/Earnings 16.9x
Price/Sales 3.0x
Price/Book 2.4x
Price/Cash Flow 6.4x
TEV/Sales NM Not Meaningful
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