ST. JOHN'S

Fortis Inc. Announces First Quarter Dividends - 2023

Retrieved on: 
Thursday, November 17, 2022
Corporation, FTS, Fortis Inc., Indian stock exchange, NYSE, Fortis, TSX, Holding company, Airline, Security (finance)

The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.

Key Points: 
  • The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
  • Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2021 revenue of $9.4 billion and total assets of $64 billion as at September 30, 2022.
  • The Corporation's 9,100 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
  • Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.

Fortis Inc. Releases Third Quarter 2022 Results and New Five-Year Capital Outlook

Retrieved on: 
Friday, October 28, 2022
Coal, Acceleration, Ministry of Energy (Alberta), Consolidated, Security (finance), U.S. Securities and Exchange Commission, Income tax, Budget, Growth, FERC, Securities & Exchange Commission of Pakistan, Tranche, Terminology, UNS Energy, Corporation, Webcast, File, Tucson Electric Power, Inflation, Private Securities Litigation Reform Act, Board, Lake Erie, EPS, Industry, MISO, Nature, Risk, Midcontinent Independent System Operator, ITC, AUC, GHG, List, District, Investment, Federal Energy Regulatory Commission, Intention, Renewable energy, Fortis, ROE

Although any potential impact to Fortis is uncertain, every 10-basis point change in ROE at ITC impacts Fortis' annual EPS by approximately $0.01.

Key Points: 
  • Although any potential impact to Fortis is uncertain, every 10-basis point change in ROE at ITC impacts Fortis' annual EPS by approximately $0.01.
  • In July 2022, the Alberta Utilities Commission ("AUC") issued a decision largely accepting the forecast in FortisAlberta's 2023 cost of service application.
  • The AUC directed FortisAlberta to update and refile its 2023 revenue requirement, which was filed in September 2022.
  • A final decision on this filing is expected in the fourth quarter of 2022.

Advisory: Fortis Inc. to Hold Teleconference on October 28 to Discuss Third Quarter 2022 Results and Five-Year Capital Outlook

Retrieved on: 
Friday, October 21, 2022
NYSE, GLOBE, Fortis Inc., Industry, FTS, Fortis, Webcast, TSX, Corporation

ST. JOHN'S, Newfoundland and Labrador, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2022 financial results and new five-year capital outlook for the period 2023-2027on Friday,October28,2022.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2022 financial results and new five-year capital outlook for the period 2023-2027on Friday,October28,2022.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results.
  • A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com .
  • A replay of the teleconference will be available two hours after the conclusion of the call until November 28, 2022.

Fortis Inc. Announces Quarterly Dividend Increase Marking 49 Consecutive Years of Increases

Retrieved on: 
Wednesday, September 28, 2022
Board of directors, FTS, TSX, NYSE, Fortis, Corporation, Fortis Inc., Board, GLOBE, Indian stock exchange, Holding company, Renewable energy

The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.

Key Points: 
  • The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
  • Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2021 revenue of $9.4 billion and total assets of $60 billion as at June 30, 2022.
  • The Corporation's 9,100 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
  • Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.

Fortis Inc. to Hold Teleconference on October 28 to Discuss Third Quarter 2022 Results and Five-Year Capital Outlook

Retrieved on: 
Wednesday, September 28, 2022
Fortis Inc., Fortis, Corporation, FTS, GLOBE, TSX, Webcast, Industry, NYSE

ST. JOHN'S, Newfoundland and Labrador, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2022 financial results and new five-year capital outlook for the period 2023-2027on Friday,October28,2022.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2022 financial results and new five-year capital outlook for the period 2023-2027on Friday,October28,2022.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results.
  • A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com .
  • A replay of the teleconference will be available two hours after the conclusion of the call until November 28, 2022.

Jo Mark Zurel to Succeed Douglas J. Haughey as Chair of the Board of Fortis Inc. Effective January 1, 2023

Retrieved on: 
Thursday, July 28, 2022
TSX, Association, GLOBE, Corporation, Institute of Corporate Directors, Industry, Chairperson, Telus Corporation, NYSE, Fortis Inc., Commerce, Institute, Board, Fortis, Bachelor of Commerce, Director, Board of directors, FTS, Audit, Dalhousie University, Chair, Airline, Management

ST. JOHN'S, Newfoundland and Labrador, July 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that Douglas J. Haughey will be stepping down as Chair of the Board and Jo Mark Zurel will be appointed Chair of the Board, effective January 1, 2023.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, July 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that Douglas J. Haughey will be stepping down as Chair of the Board and Jo Mark Zurel will be appointed Chair of the Board, effective January 1, 2023.
  • The pending transition reflects the Corporation's board succession planning process and follows the recommendation of the ad hoc Board Chair Selection Committee that was formed in 2021.
  • Mr. Haughey has chaired the Fortis Board since September 2016.
  • The Board expressed appreciation to Mr. Haughey for his invaluable contribution to Fortis and thanked him for his efforts in ensuring a timely and effective transition to the new Chair.

Fortis Inc. Releases Second Quarter 2022 Results and 2022 Sustainability Report

Retrieved on: 
Thursday, July 28, 2022
Goal, Midwestern United States, Carbon, ITC, Investment, Corporation, Wind, Industry, Securities & Exchange Commission of Pakistan, Arizona Corporation Commission, Consolidated, Lake Erie, Electricity, Intention, Private Securities Litigation Reform Act, Board, COVID-19, Income, MISO, U.S. Securities and Exchange Commission, Federal Energy Regulatory Commission, Webcast, FERC, Technology, Security (finance), Sustainability Accounting Standards Board, Tucson Electric Power, San Juan Generating Station, Acceleration, Sustainability reporting, Sustainability accounting, Terminology, Complaint, TEP, DEI, Growth, Budget, Risk, GHG, Public expenditure, Renewable energy, Management, Public utility, Holding company, Fortis, Lake Erie Connector

The Corporation released its 2022 Sustainability Report today highlighting progress made to reduce the Corporation's greenhouse gas emissions, and advance diversity, equity and inclusion ("DEI").

Key Points: 
  • The Corporation released its 2022 Sustainability Report today highlighting progress made to reduce the Corporation's greenhouse gas emissions, and advance diversity, equity and inclusion ("DEI").
  • The report is fully aligned with applicable Sustainability Accounting Standards Board standards and contains more than 35 new key performance indicators.
  • For the first time, the report includes comprehensive diversity data on employees across the Fortis group of companies, which will advance DEI strategies and inform objective-setting.
  • In July 2022, the Midwest Independent System Operator ("MISO") board approved the first tranche of projects associated with the long-range transmission plan ("LRTP").

Fortis Inc. Announces Third Quarter Dividends - 2022

Retrieved on: 
Thursday, July 28, 2022
TSX, NYSE, FTS, Corporation, Fortis Inc., Fortis, Indian stock exchange, Board, Holding company, Security (finance), Renewable energy

The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.

Key Points: 
  • The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
  • Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2021 revenue of $9.4 billion and total assets of $58 billion as at March 31, 2022.
  • The Corporation's 9,100 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
  • Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.

Advisory: Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2022 Results

Retrieved on: 
Thursday, July 21, 2022
TSX, NYSE, FTS, Webcast, GLOBE, Corporation, Fortis Inc., Fortis, Industry

ST. JOHN'S, Newfoundland and Labrador, July 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday,July 28, 2022.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, July 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday,July 28, 2022.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results.
  • A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com .
  • A replay of the teleconference will be available two hours after the conclusion of the call until August 28, 2022.

Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2022 Results

Retrieved on: 
Thursday, June 30, 2022
GLOBE, Corporation, Fortis Inc., Fortis, Webcast, Industry, NYSE, TSX, FTS

ST. JOHN'S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday,July 28,2022.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday,July 28,2022.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results.
  • A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com .
  • A replay of the teleconference will be available two hours after the conclusion of the call until August 28, 2022.