Provided by Tiger Fintech (Singapore) Pte. Ltd.

Fortis Inc

46.14
+0.55501.22%
Volume:377.75K
Turnover:17.40M
Market Cap:23.04B
PE:20.49
High:46.36
Open:45.46
Low:45.33
Close:45.58
Loading ...

Company Profile

Company Name:
Fortis Inc
Exchange:
NYSE
Establishment Date:
1885
Employees:
9848
Office Location:
Fortis Place,Suite 1100,5 Springdale Street,PO Box 8837,Saint John's,Newfoundland and Labrador,Canada
Zip Code:
A1E 0E4
Fax:
709-737-5307
Introduction:
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 443,000 retail customers in southeastern Arizona; and 102,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,328 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 584,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 274,000 customers in Newfoundland and Labrador; approximately 33,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 51,200 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Directors

Name
Position
David G. Hutchens
Director, President and Chief Executive Officer
Douglas J. Haughey
Director, Chairman
Jo Mark Zurel
Director
Julie A. Dobson
Director
Lawrence T. Borgard
Director
Margarita K. Dilley
Director
Maura J. Clark
Director
Paul J. Bonavia
Director
Pierre J. Blouin
Director
Tracey C. Ball
Director

Shareholders

Name
Position
David G. Hutchens
Director, President and Chief Executive Officer
Jocelyn H. Perry
Executive Vice President, Chief Financial Officer
Gary J. Smith
Executive Vice President, Eastern Canadian and Caribbean Operations
James P. Laurito
Executive Vice President, Business Development and Chief Technology Officer
James R. Reid
Executive Vice President, Chief Legal Officer and Corporate Secretary
Jamie D. Roberts
Vice President, Controller
Karen J. Gosse
Vice President, Treasury and Planning
Karen M. Mccarthy
Vice President, Communications and Corporate Affairs
Nora M. Duke
Executive Vice President, Sustainability and Chief Human Resource Officer
Regan P. O' Dea
Vice President, General Counsel
Ronald J. Hinsley
Vice President, Chief Information Officer
Stephanie A. Amaimo
Vice President, Investor Relations