Emera goes south for growth

Dear client: In the past few years, Emera has used acquisitions to cut its reliance on Atlantic Canada, its home region. Those new operations include U.S. power utility Teco, purchased in 2016.
Expanding by acquisition adds risk. However, the revenue stream from Emera’s new businesses is… Read More

Q: Hi: I bought TransAlta when it was $13.00 and it’s been on a downward spiral ever since. Do you see any improvement in the future? Thanks.

A: TransAlta, $7.33, symbol TA on Toronto (Shares outstanding: 287.9 million; Market cap: $2.1 billion; www.transalta.com), is one of the biggest operators of coal-fired electric generating plants in Alberta.
Alberta Premier Rachel Notley has mandated that electric plants phase out coal power in the province by… Read More

Emera swells on sale of assets

EMERA INC. $44 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 200.5 million; Market cap: $8.8 billion; Price-tosales ratio: 2.5; Dividend yield: 4.7%; TSINetwork Rating: Average; www. emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns utilities in… Read More

U.S. focus will pay off

EMERA INC. $49 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 198.7 million; Market cap: $9.7 billion; Price-to-sales ratio: 2.6; Dividend yield: 4.3%; TSINetwork Rating: Average; www.emera .com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns power utilities… Read More

EMERA INC. $50

EMERA INC. $50 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 148.4 million; Market cap: $7.4 billion; Price-to-sales ratio: 2.6; Dividend yield: 4.2%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns power utilities in… Read More