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Fortis Inc. (FTS)

NYSE Utilities Regulated Electric
$57.98 ▲ +2.35%
Market Cap
$29.52B
Sector
Utilities
Industry
Regulated Electric
Beta
0.43
52-Wk Range
46.46-58.78
CEO
David Gerard Hutchens
Country
CA
Currency
USD

Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale el…

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