emera
Toronto symbol EMA, generates and distributes electricity to customers in Nova Scotia and Bangor, Maine.
Both Emera and Fortis have used acquisitions to expand beyond their home markets in Atlantic Canada. We generally take a skeptical view of companies that grow their businesses that way. Hidden problems with new operations can offset the expected profit gains.
However, their new operations are rate-regulated utilities with predictable revenue streams....
However, their new operations are rate-regulated utilities with predictable revenue streams....
Both Emera and Fortis have used acquisitions to expand beyond their home markets in Atlantic Canada. We generally take a skeptical view of companies that grow their businesses that way. Hidden problems with new operations can offset the expected profit gains.
However, their new operations are rate-regulated utilities with predictable revenue streams....
However, their new operations are rate-regulated utilities with predictable revenue streams....
Dear client:
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
These six ETFs hold mostly blue-chip stocks that are widely traded on Canadian and U.S. exchanges. Each ETF mirrors, or tracks, the performance of a major stock market index. That’s different from narrower indexes that focus on resources or themes such as solar power or biotech.
Of course, you pay brokerage commissions to buy and sell these ETFs....
Of course, you pay brokerage commissions to buy and sell these ETFs....
EMERA INC. $47 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 211.1 million; Market cap: $9.9 billion; Priceto-sales ratio: 2.3; Dividend yield: 4.4%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
A: The BMO Low Volatility Canadian Equity ETF, $29.04, symbol ZLB on Toronto (Units outstanding: 47.2 million; Market cap: $1.4 billion; www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks.
The ETF selects the 40 or so lowest beta stocks from the 100 largest and most-liquid securities in Canada....
The ETF selects the 40 or so lowest beta stocks from the 100 largest and most-liquid securities in Canada....
Dear client: In the past few years, Emera has used acquisitions to cut its reliance on Atlantic Canada, its home region. Those new operations include U.S. power utility Teco, purchased in 2016.
Expanding by acquisition adds risk. However, the revenue stream from Emera’s new businesses is dependable and will help it to pay down debt....
Expanding by acquisition adds risk. However, the revenue stream from Emera’s new businesses is dependable and will help it to pay down debt....
In the past two years, several of Canada’s leading utility companies have used acquisitions to expand in the U.S.
That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.
What’s more, the elimination of overlapping operations will free up cash for dividends....
That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.
What’s more, the elimination of overlapping operations will free up cash for dividends....
A: TransAlta, $7.33, symbol TA on Toronto (Shares outstanding: 287.9 million; Market cap: $2.1 billion; www.transalta.com), is one of the biggest operators of coal-fired electric generating plants in Alberta.
Alberta Premier Rachel Notley has mandated that electric plants phase out coal power in the province by 2030....
Alberta Premier Rachel Notley has mandated that electric plants phase out coal power in the province by 2030....
EMERA INC. $44 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 200.5 million; Market cap: $8.8 billion; Price-tosales ratio: 2.5; Dividend yield: 4.7%; TSINetwork Rating: Average; www. emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....