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Canadian Utilities Limited (T:CU)

Business Focus: Multiline Utilities

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Sector:  Utilities Industry:  Multiline Utilities
 
See Regulatory Filings on SEDAR
Company Contact
Address: 5302 Forand St SW
CALGARY AB T3E 8B4
Tel: N/A
Website: www.canadianutilities.com
IR: See website
Key People
Nancy C. Southern
Chairman of the Board, Chairman of the Board and Chief Executive Officer of ATCO
B.J. Black
Vice President - Corporate Services
Siegfried W. Kiefer
President, Chief Executive Officer
Linda A. Southern-Heathcott
Vice Chairman of the Board
Dennis A. DeChamplain
Senior Vice President, Chief Financial Officer
Erhard M. Kiefer
Senior Vice President, Chief Administrative Officer
Alan M. Skiffington
Chief Information Officer, Vice President
A.L. Maher
Vice President - Controller
Carson J. Ackroyd
Vice President - Marketing & Communications
C.M.D. A. Field
Vice President, Human Resources
   
Business Overview
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment's activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL). The Pipelines & Liquids segment's activities are conducted through three regulated businesses, ATCO Gas, ATCO Pipelines and ATCO Gas Australia, and one non-regulated business, ATCO Energy Solutions. It delivers natural gas distribution and transmission services, energy storage, and industrial water solutions to existing and new customers. The Corporate & Other segment includes retail energy business, which through ATCOenergy, sells electricity and natural gas to large commercial retail customers. It also includes the commercial real estate in Alberta, and the strategic investment and expansion into Mexico.
Financial Overview
For the three months ended 31 March 2019, Canadian Utilities Limited revenues decreased 14% to C$1.19B. Net income applicable to common stockholders increased 23% to C$200M. Revenues reflect Electricity segment decrease of 23% to C$681M, Pipelines and liquids segment decrease of 4% to C$448M. Net income reflects FV/Uls Adjust on Derivatives for Hedgin decrease from C$24M (expense) to C$8M (income), Salaries.
Employees: 5,000 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $21,815M as of Mar 31, 2019
Annual revenue (TTM): $4,181M as of Mar 31, 2019
EBITDA (TTM): $1,752M as of Mar 31, 2019
Net annual income (TTM): $605.00M as of Mar 31, 2019
Free cash flow (TTM): -$558.00M as of Mar 31, 2019
Net Debt Last Fiscal Year: $10,054M as of Mar 31, 2019
Shares outstanding: 273,148,475 as of May 3, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization