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Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia. It owns and operates approximately 9,100 kilometers of natural gas pipelines, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Energy Infrastructure segment provides electricity generation, natural gas storage, industrial water, and related infrastructure development solutions in Alberta, the Yukon, the Northwest Territories, Australia, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas in Alberta. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited operates as a subsidiary of ATCO Ltd.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 838.00M | 538.00M | 586.00M | 1011.00M | 866.00M |
| Minority interest | -7.00M | -7.00M | 187.00M | 187.00M | 187.00M |
| Net income | 632.00M | 393.00M | 427.00M | 951.00M | 634.00M |
| Selling general administrative | 374.00M | 362.00M | 341.00M | 343.00M | 428.00M |
| Gross profit | 2734.00M | 2371.00M | 2515.00M | 2818.00M | 2696.00M |
| Reconciled depreciation | 642.00M | 651.00M | 610.00M | 582.00M | 638.00M |
| Ebit | 1133.00M | 882.00M | 1012.00M | 1278.00M | 1126.00M |
| Ebitda | 1882.00M | 1588.00M | 1594.00M | 2075.00M | 1992.00M |
| Operating income | 1132.00M | 872.00M | 941.00M | 1192.00M | 872.00M |
| Other operating expenses | 584.00M | 472.00M | 304.00M | 457.00M | 503.00M |
| Interest expense | 402.00M | 399.00M | 398.00M | 482.00M | 488.00M |
| Tax provision | 199.00M | 138.00M | 152.00M | 53.00M | 225.00M |
| Interest income | 36.00M | 11.00M | 15.00M | 25.00M | 27.00M |
| Net interest income | -370.00M | -392.00M | -386.00M | -462.00M | -466.00M |
| Income tax expense | 199.00M | 138.00M | 152.00M | 53.00M | 225.00M |
| Total revenue | 4048.00M | 3515.00M | 3233.00M | 3819.00M | 4170.00M |
| Total operating expenses | 2916.00M | 2643.00M | 2292.00M | 2627.00M | 3298.00M |
| Cost of revenue | 1314.00M | 1144.00M | 718.00M | 1001.00M | 1474.00M |
| Total other income expense net | 76.00M | 58.00M | 31.00M | 281.00M | 460.00M |
| Net income from continuing ops | 639.00M | 400.00M | 434.00M | 958.00M | 641.00M |
| Net income applicable to common shares | 557.00M | 328.00M | 360.00M | 884.00M | 567.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 21974.00M | 21075.00M | 20296.00M | 20044.00M | 21819.00M |
| Intangible assets | 819.00M | 726.00M | 656.00M | 629.00M | 630.00M |
| Other current assets | 193.00M | 54.00M | 30.00M | 20.00M | 341.00M |
| Total liab | 14908.00M | 14253.00M | 13488.00M | 13123.00M | 15257.00M |
| Total stockholder equity | 6879.00M | 6635.00M | 6621.00M | 6734.00M | 6375.00M |
| Other current liab | 214.00M | 131.00M | 128.00M | 36.00M | 120.00M |
| Common stock | 1251.00M | 1230.00M | 1248.00M | 1249.00M | 1226.00M |
| Capital stock | 2808.00M | 2787.00M | 2715.00M | 2711.00M | 2709.00M |
| Retained earnings | 3936.00M | 3862.00M | 3928.00M | 4054.00M | 3675.00M |
| Other liab | 4111.00M | 3814.00M | 3678.00M | 3526.00M | 3809.00M |
| Other assets | 405.00M | 355.00M | 297.00M | 283.00M | 1878.00M |
| Cash | 698.00M | 746.00M | 776.00M | 973.00M | 545.00M |
| Total current liabilities | 1317.00M | 1418.00M | 856.00M | 739.00M | 1645.00M |
| Net debt | 8842.00M | 8771.00M | 8280.00M | 7993.00M | 9935.00M |
| Short long term debt | 106.00M | 540.00M | 169.00M | 158.00M | 680.00M |
| Other stockholder equity | 112.00M | -36.00M | -46.00M | -68.00M | -24.00M |
| Property plant equipment | 18646.00M | 18059.00M | 17619.00M | 17269.00M | 17259.00M |
| Total current assets | 1867.00M | 1731.00M | 1559.00M | 1714.00M | 1856.00M |
| Long term investments | 237.00M | 204.00M | 165.00M | 144.00M | 195.00M |
| Net tangible assets | 4489.00M | 4338.00M | 4482.00M | 4622.00M | 4262.00M |
| Net receivables | 913.00M | 801.00M | 690.00M | 661.00M | 803.00M |
| Long term debt | 9434.00M | 8977.00M | 8887.00M | 8808.00M | 9800.00M |
| Inventory | 24.00M | 21.00M | 28.00M | 30.00M | 31.00M |
| Accounts payable | 989.00M | 739.00M | 549.00M | 536.00M | 845.00M |
| Non currrent assets other | 220.00M | 86.00M | 61.00M | 55.00M | 101.00M |
| Non current assets total | 20107.00M | 19344.00M | 18737.00M | 18330.00M | 19963.00M |
| Capital lease obligations | 51.00M | 51.00M | 56.00M | 58.00M | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -8.00M | -27.00M | -9.00M | -9.00M | -6.00M |
| Change to liabilities | 264.00M | 153.00M | 14.00M | -284.00M | 142.00M |
| Total cashflows from investing activities | -1256.00M | -1262.00M | -905.00M | -172.00M | -1065.00M |
| Net borrowings | 15.00M | 490.00M | 35.00M | -119.00M | 535.00M |
| Total cash from financing activities | -932.00M | -478.00M | -924.00M | -788.00M | 367.00M |
| Change to operating activities | - | -7.00M | -7.00M | -260.00M | -975.00M |
| Net income | 632.00M | 393.00M | 427.00M | 951.00M | 634.00M |
| Change in cash | -52.00M | -28.00M | -199.00M | 378.00M | 181.00M |
| Begin period cash flow | 750.00M | 778.00M | 977.00M | 599.00M | 418.00M |
| End period cash flow | 698.00M | 750.00M | 778.00M | 977.00M | 599.00M |
| Total cash from operating activities | 2140.00M | 1718.00M | 1631.00M | 1358.00M | 870.00M |
| Issuance of capital stock | 0.00M | 201.00M | - | 3.00M | 1.00M |
| Depreciation | 642.00M | 651.00M | 542.00M | 540.00M | 595.00M |
| Other cashflows from investing activities | 112.00M | 40.00M | -12.00M | 15.00M | -76.00M |
| Dividends paid | 535.00M | 541.00M | 544.00M | 529.00M | 432.00M |
| Change to inventory | -3.00M | 7.00M | 2.00M | -3.00M | 7.00M |
| Change to account receivables | -155.00M | -105.00M | -13.00M | 108.00M | -86.00M |
| Sale purchase of stock | 0.00M | -227.00M | -12.00M | - | - |
| Other cashflows from financing activities | -412.00M | -518.00M | -403.00M | -143.00M | 263.00M |
| Change to netincome | 760.00M | 626.00M | 609.00M | 264.00M | 510.00M |
| Capital expenditures | 1224.00M | 1078.00M | 803.00M | 1044.00M | 1036.00M |
| Change in working capital | 106.00M | 48.00M | 3.00M | -259.00M | -109.00M |
| Other non cash items | 465.00M | 509.00M | 460.00M | 280.00M | -303.00M |
| Free cash flow | 771.00M | 497.00M | 741.00M | 246.00M | -266.00M |
Sector: Utilities Industry: Utilities - Diversified
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| BIP-UN Brookfield Infrastructure Partners L.P |
0.19 0.36% |
52.64 | 97.90 | 28.41 | 1.14 | 2.21 |
| CU Canadian Utilities Limited |
-0.34 0.65% |
51.86 | 319.47 | 19.08 | 3.53 | 2.70 |
| CU-PE Canadian Util Bb Cum Red Sec Prf |
0.02 0.09% |
22.95 | 12.98 | - | 2.32 | - |
| CU-PH Canadian Utilities Ltd Pref H |
-0.40 1.66% |
23.75 | 13.91 | - | 2.31 | - |
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia. It owns and operates approximately 9,100 kilometers of natural gas pipelines, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Energy Infrastructure segment provides electricity generation, natural gas storage, industrial water, and related infrastructure development solutions in Alberta, the Yukon, the Northwest Territories, Australia, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas in Alberta. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited operates as a subsidiary of ATCO Ltd.
| Name | Title | Year Born |
|---|---|---|
| Ms. Nancy C. Southern | Exec. Chair & CEO | 1957 |
| Mr. Brian P. Shkrobot | Exec. VP & CFO | 1973 |
| Mr. Robert J. Myles | Exec. VP of Corp. Devel. | 1965 |
| Ms. Rebecca A. Penrice | Exec. VP of Corp. Services | 1975 |
| Mr. Marshall F. Wilmot | Pres of Retail & Chief Digital Officer | 1962 |
| Ms. Sarah J. Shortreed | Exec. VP & CTO | NA |
| Mr. Alan M. Skiffington | VP & Chief Information Officer | NA |
| Mr. Myles Dougan | Director of Investor Relations & External Reporting | NA |
| Mr. Kurt Kadatz | Sr. Communications Mang. | NA |
| Mr. Deanna M. Girard | VP of HR | NA |
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