Canadian Utilities A ( (TSE:CU) ) just unveiled an announcement.
Canadian Utilities Limited reported an increase in adjusted earnings for 2024, reaching $647 million, up from $596 million in 2023. Despite a decrease in IFRS earnings, the company has made significant advancements in its infrastructure projects, including the Yellowhead Mainline Project and the Central East Transfer Out Project, which are expected to enhance its market positioning and support renewable energy integration in Alberta.
More about Canadian Utilities A
Canadian Utilities Limited operates in the utilities industry, focusing on energy infrastructure and services. The company is involved in natural gas distribution, electricity transmission, and other utility services, with a significant presence in Canada and Australia.
YTD Price Performance: 1.48%
Average Trading Volume: 488,253
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$7.15B
For a thorough assessment of CU stock, go to TipRanks’ Stock Analysis page.