Asset QualityInvestors are likely to have a positive bias toward Fortis's nearly 99% regulated assets, offering visible growth despite U.S. trade war uncertainty.
Capital ExpenditureFortis's $26B capex program supports a projected rate base growth and annual dividend growth, with potential for further expansion in areas like B.C. LNG/RNG and MISO transmission.
Regulatory OutlookThe outlook for Fortis' Arizona utilities is improving, with potential for additional generation spending and favorable regulatory reforms.