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Canadian Utilities Ltd (CU.TO)

CU.TO on Toronto Stock Exchange

38.46CAD
18 Oct 2019
Change (% chg)

$-0.20 (-0.52%)
Prev Close
$38.66
Open
$38.64
Day's High
$38.70
Day's Low
$38.36
Volume
278,305
Avg. Vol
313,418
52-wk High
$39.90
52-wk Low
$29.24

Latest Key Developments (Source: Significant Developments)

Canadian Utilities Sells Canadian Generation Business For $835 Mln
Monday, 27 May 2019 

May 27 (Reuters) - Canadian Utilities Ltd ::PRESS RELEASE - CANADIAN UTILITIES SELLS CANADIAN GENERATION BUSINESS FOR $835 MILLION.CANADIAN UTILITIES LTD - SALE CONCLUDES A STRATEGIC EVALUATION ANNOUNCED SEPTEMBER 13, 2018.CANADIAN UTILITIES - SEPARATELY, CU ENTERED INTO AN AGREEMENT TO SELL ITS 50 PER CENT OWNERSHIP INTEREST IN 260 MW CORY COGENERATION STATION.CANADIAN UTILITIES LTD - TO SELL ENTIRE CANADIAN FOSSIL FUEL-BASED ELECTRICITY GENERATION PORTFOLIO FOR AGGREGATE PROCEEDS OF APPROXIMATELY $835 MILLION.CANADIAN UTILITIES - SALE DOES NOT INCLUDE ASHCOR TECHNOLOGIES, OLDMAN RIVER HYDRO FACILITY, OR INTERNATIONAL PROJECTS, WHICH ARE RETAINED BY CU.  Full Article

Canadian Utilities Reports Q4 Adjusted Earnings Per Share Of C$0.69
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Canadian Utilities Ltd ::CANADIAN UTILITIES REPORTS HIGHER 2018 EARNINGS.Q4 ADJUSTED EARNINGS PER SHARE C$0.69.Q4 EARNINGS PER SHARE ESTIMATE C$0.62 -- REFINITIV IBES DATA.CANADIAN UTILITIES -FROM 2019 TO 2021 PLANS TO INVEST $3.6 BILLION IN REGULATED UTILITY, LONG-TERM CONTRACTED ASSETS IN CANADA, AUSTRALIA, AND LATIN AMERICA.  Full Article

Canadian Utilities Q2 Adjusted Earnings Per Share C$0.39
Thursday, 26 Jul 2018 

July 26 (Reuters) - Canadian Utilities Ltd ::CANADIAN UTILITIES REPORTS SECOND QUARTER 2018 EARNINGS.Q2 ADJUSTED EARNINGS PER SHARE C$0.39.Q2 EARNINGS PER SHARE VIEW C$0.44 -- THOMSON REUTERS I/B/E/S.IN PERIOD 2018 TO 2020, EXPECT TO INVEST $4.5 BILLION IN REGULATED UTILITY AND COMMERCIALLY SECURED CAPITAL GROWTH PROJECTS.  Full Article

Canadian Utilities Transfers ATCO Structures & Logistics Ownership Interest To ATCO Ltd
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Canadian Utilities Ltd ::CANADIAN UTILITIES LIMITED TRANSFERS ATCO STRUCTURES & LOGISTICS OWNERSHIP INTEREST TO ATCO LTD..CANADIAN UTILITIES - AGREEMENT TO TRANSFER CANADIAN UTILITIES LIMITED'S 24.5 PER CENT OWNERSHIP INTEREST IN ATCO STRUCTURES & LOGISTICS LTD. TO ATCO.CANADIAN UTILITIES LTD - EXPECTS MINIMAL TAX AND EARNINGS IMPACTS ARISING FROM TRANSACTION, SUBJECT TO YEAR-END ADJUSTING ENTRIES.CANADIAN UTILITIES LTD - ATCO WILL PAY ABOUT $140 MILLION IN CASH TO CANADIAN UTILITIES FOR ITS 24.5 PER CENT INTEREST IN ATCO STRUCTURES & LOGISTICS.CANADIAN UTILITIES LTD - AS A RESULT OF TRANSACTION, ATCO WILL OWN 100 PER CENT OF SHARES OF ATCO STRUCTURES & LOGISTICS.  Full Article

ATCO Expands Global Renewables Portfolio With Hydro Acquisition In Mexico
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ATCO Ltd ::ATCO EXPANDS GLOBAL RENEWABLES PORTFOLIO WITH HYDRO ACQUISITION IN MEXICO.ATCO LTD - AGGREGATE PURCHASE PRICE OF PROPOSED TRANSACTION IS ABOUT $114 MILLION.ATCO LTD - ENTERED AGREEMENT TO ACQUIRE ELECTRICIDAD DEL GOLFO (EGO), WHICH OWNS A 35 MEGAWATT (MW) HYDROELECTRIC POWER STATION IN MEXICO.  Full Article

PRESS DIGEST- Canada- May 28

May 28 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.