Earnings
February 16, 2019 - TRP
New! TransCanada Corp. 2018 Year End Earnings & Price Target Update .....
February 13, 2019 - AW.UN
A&W Revenue Royalties Income Fund - 2018 Results & Dividend Inrease .....
February 13, 2019 - CRT.UN
CT Real Estate Investment Trust - 2018 Earnings & Price Target Forecast .....
February 10, 2019 - NTR
Nutrien Inc. 2018 Earnings & Price Target Update .....
February 8, 2019 - BCE
BCE Inc.-2018 Earnings & Price Target Update .....
February 7, 2019 - BPF.UN
Boston Pizza Royalties Income Fund - Q3-2018 Earnings & Price Target Update .....
February 6, 2019 - KEG.UN
The Keg Royalties Income Fund - Q3-2018 Earnings & Price Target Update .....
February 3, 2019 - CRR.UN
Crombie REIT - Q3-2018 Earnings & Price Target Forecast .....
Recommendation Changes
TRP, AW.UN, NTR, MKP, AI, more...

Emera Inc. Q2-2018 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Emera Inc. is an energy and services company investing in electricity generation, transmission and distribution, as well as gas transmission and utility services in the Maritimes, Maine, Florida, Texas, New Mexico and the Bahamas with $30B in assets and $6.5B in projected revenues 2018. Revenues are earned from six operating segments comprise of Teco Energy in Florida and New Mexico(50% of revenues), Nova Scotia Power Inc. (20%), Emera Maine (10% of revenues) and Emera Caribbean(5%) and Emera Energy Trading(15%). The Teco Energy acquisition added $13B in assets for 2017. Assets have increased from $12B as of Dec-31-2015 mainly the acquisition of TECO Energy in the US in 2016. They now earn approximately 70% of AFFO in US dollars.

Nova Scotia Power Corp. was created in 1992 through the privatization of the Crown Corporation Nova Scotia Power Corporation. NSPI is a fully-integrated regulated electric utility and is the primary electricity supplier in Nova Scotia. NSPI's target regulated return on equity range is currently 8.75% - 9.25%.NSPI provides electricity generation, transmission and distribution services to approximately 500,000 customers. NSPI through the Emera Energy segment, owns or has under contract 2,483 MW of generating capacity, of which 50% is coal-fired; 28% is natural gas and/or oil; 19% hydro and wind 3% is biomass-fueled generation. In addition, NSPI has contracts to purchase renewable energy from independent power producers who own and operate 496 MW of wind and biomass fueled generation capacity. NSPI also owns 5,000 km of transmission facilities and 27,000 km of distribution facilities.

Teco Energy Acquisition

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
February 15, 2019
New! Coverage Universe - Weekly Price Changes - Feb 8-15, 2019
February 8, 2019
Coverage Universe - Weekly Price Changes - Feb 1-8, 2019
February 1, 2019
Coverage Universe - Weekly Price Changes - Jan 25-Feb 1, 2019
January 29, 2019
BIP Investment Corp. Minimum 5.85% Cumulative Rate Reset Preferred Share New Issue
January 25, 2019
Coverage Universe - Weekly Price Changes - Jan 18-25, 2019
January 21, 2019
Canadian Western Bank 6% Rate Reset Preferred Share New Issue
January 18, 2019
Coverage Universe - Weekly Price Changes - Jan 11-18, 2019
January 17, 2019
TD Bank Preferred Share 5.2% Rate Reset New Issue