Canadian Utilities traded at 48.29 this Friday May 15th, decreasing 0.51 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, Canadian Utilities lost 0.45 percent. Over the last 12 months, its price rose by 30.09 percent. Looking ahead, we forecast Canadian Utilities to be priced at 47.29 by the end of this quarter and at 44.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
Canadian Utilities Ltd is a Canada-based company that offers services in the areas of electricity, pipelines & liquids and retail energy. The Company’s segments include Electricity, Pipelines & Liquids and Corporate & Other. The Electricity segment includes ATCO Electric, ATCO Power, Alberta PowerLine and ATCO Power Australia. Together these businesses provide electricity generation, transmission, distribution and related infrastructure solutions in Alberta, Ontario, the Yukon, the Northwest Territories, Australia and Mexico. The Pipelines & Liquids segment includes ATCO Gas, ATCO Pipelines, ATCO Gas Australia, and ATCO Energy Solutions. These businesses provide integrated natural gas transmission, distribution and storage, industrial water solutions and related infrastructure development throughout Alberta, the Lloydminster area of Saskatchewan, Western Australia and Mexico. Corporate & Other segment includes ATCO Energy, a retail electricity and natural gas business in Alberta.