Canadian Utilities

Canadian Utilities reported Q1 2026 EPS of $0.816, 6.08% below the analyst forecast of $0.8688, after which the stock fell about 2% in pre-market trading and closed at $47.93. Adjusted earnings nevertheless rose 4.3% to CAD 242 million, supported by ATCO Energy Systems and ATCO Australia, on revenue of CAD 1.08 billion. Operating cash flow declined due to customer refunds, and higher interest expenses weighed on net income. The company points to infrastructure projects such as the Yellowhead pipeline as growth drivers and expects continued earnings growth for 2026. » Więcej na de.investing.com

For Q1 2026 Canadian Utilities reported adjusted earnings of CAD 242m but missed the earnings-per-share forecast and experienced a modest share-price decline. The company announced a comprehensive five-year investment plan of USD 12bn (2026–2030), with peak spending in 2027 and a strong focus on natural gas transmission, notably the USD 2.9bn Yellowhead pipeline project. The investments are expected to materially expand the rate base (CAGR 6.9%) and will be 63% debt-funded; no common equity issuance is planned. Long-term success depends on timely project execution, regulatory support and balancing affordability with infrastructure growth. » Więcej na de.investing.com

Canadian Utilities is presenting a $12 billion capex program for 2026–2030, concentrated mainly on electricity and natural gas transmission, and aimed at growing its rate base from $16.6 billion (2025) to $23.2 billion by 2030. The company reported adjusted earnings of $658 million for 2025 and operating cash flow of $2,061 million, which support project financing. The core project is the $2.9 billion Yellowhead pipeline, with construction starting in March 2026 and commissioning expected at the end of 2027; 63% of the costs are planned to be financed through regulated subsidiary debt. ATCO Energy Systems and the Australian business are growing, while storage and unregulated assets enhance diversification and stable cash flows. » Więcej na de.investing.com