71.19000 CAD
0.64
0.91%
Last update Dec 17, 3:59 PM EST
Market closed
Day range
70.050003
71.26000
Previous close
70.55000
Open
70.60000
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Fortis Inc.
71.19
0.64
0.91%

Overview

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Description

Fortis Inc. operates as a leading energy management and infrastructure enterprise in North America. Specializing in electric and gas utility operations, Fortis Inc. plays a crucial role in the daily energy consumption and distribution across numerous regions. The company focuses on delivering safe, reliable, and cost-effective energy solutions to its customers. With operations in Canada, the United States, and the Caribbean, Fortis Inc. oversees an extensive network of power lines and natural gas distribution systems. Its diversified assets include regulated electric utilities and natural gas distribution subsidiaries, impacting residential, commercial, and industrial sectors. As a significant player in the energy market, Fortis Inc. is committed to sustainability and aims to incorporate renewable energy sources into its portfolio. Its market presence underscores its importance in supporting infrastructure development and energy efficiency advancements across its service areas, ensuring growth and stability in the evolving energy landscape.

About

CEO
Mr. David Gerard Hutchens
Employees
9800
Address
Fortis Place
Suite 1100 5 Springdale Street PO Box 8837
Saint John's, A1E 0E4, NF
Canada
Phone
709-737-2800
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
Canada
MIC code
XTSE
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