Canadian Utilities is one of the largest utility companies in Canada. It is a subsidiary of ATCO. By geography, Canada is its principal place of business accounting for 94% of revenues, followed by Australia (5%) and other countries (1%). The company owns regulated electric and gas distribution and transmission assets worth $22 billion serving more than two million customers around the world.
About 86% of Canadian Utilities’ earnings comes from regulated sources, and the remaining 14% is derived from long-term contracted assets. Canadian Utilities has core investments in electricity, pipelines & liquids and retail energy business units, as well as its international operations in Australia and Latin America.
Its segments are Electricity (70% of 2018 earnings), Pipelines & Liquids (40%) and Corporate & other (-10%). The company owns an extensive network consisting of 87,000 km electrical powerlines, 64,500 km pipelines, 21 global generating plants, water infrastructure capacity of 85,200 cubic meters per day, and natural gas and hydrocarbon storage capacities.
Canadian Utilities Stock Details
- Ticker: tse:cu
- Sector: Utilities
- Industry: Utilities - Diversified
- Market Cap: 8.94B
- Market Cap Group: Mid Cap
- P/E: 15.40
- Dividend Yield: 5.50%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 4/10
- Dividend Income Fit: 8/10
CU Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| D | NYSE:D | Dominion Resources, Inc. | 47.05 | 29.52 | 4.76 | NO | 1 | 12 | 104 |
| PEG | NYSE:PEG | Public Service Enterprise Group | 39.27 | 23.95 | 3.04 | NO | 1 | 12 | 104 |
| ETR | NYSE:ETR | Entergy Corporation | 25.83 | 14.45 | 3.74 | NO | 1 | 12 | 104 |
| BIP.UN | TSE:BIP.UN | Brookfield Infrastructure Partners | 19.42 | 0.00 | 5.32 | NO | 1 | 12 | 104 |
| CU | TSE:CU | Canadian Utilities | 8.94 | 15.40 | 5.50 | YES | 1 | 12 | 104 |
| ACO.X | TSE:ACO.X | Atco | 4.88 | 11.88 | 4.50 | YES | 1 | 12 | 104 |
Canadian Utilities - FAQ
What is the stock ticker for Canadian Utilities?
The stock ticker for Canadian Utilities is TSE:cu.
Is Canadian Utilities a good stock to buy?
You need to consider your investment strategy and how TSE:cu can fit in your portfolio.
The current dividend income score of 8/10 and dividend growth score of 4/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Canadian Utilities a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 52 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Canadian Utilities?
You can easily buy the CU stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.