Fortis Inc FTS

Founded in 1987, Fortis Inc./Canada is an energy utility with operations in five Canadian provinces, nine states across the United States, and three Caribbean countries. This energy utility can trace its roots back to the St John’s Electric Light Company formed in 1885. Fortis Inc./Canada provides residential and commercial customers with electric, gas, and hydroelectric utilities. Headquartered in the province of Newfoundland and Labrador, Canada, it runs its operations through 10 utility subsidiaries.

As a public holding company, Fortis Inc./Canada trades on the Toronto Stock Exchange (TSX). It uses the ticker FTS as identification on this market. This company provides investors with up-to-date business strategies, project updates, performance goals and objectives, and financial targets. It supports industry-related conferences and seminars to stay current with developments. An FTS share was priced at 52.27 CAD, with a 52-week low of 41.52 CAD and a high of 59.28 CAD, when markets closed on 4 December 2020.

The company’s utility subsidiaries include ICT, UNS Energy, General Hudson, ForitsBC, FortisAlberta, Newfoundland Power, and Maritime Electric. In addition to generating and supplying electric and gas energy, Fortis Inc./Canada also has three hydroelectric generation plants.

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