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CDUAF

Canadian Utilities

$0.00

(0.00%)

07:11
11/26/19
11/26
07:11
11/26/19
07:11

Canadian Utilities expands energy storage business in Alberta

Canadian Utilities Limited that the partnership between ATCO Energy Solutions Ltd. and Petrogas Energy Corp. has secured long-term contracts for the construction and operation of a fifth salt cavern storage facility at the ATCO Heartland Energy Centre near Fort Saskatchewan, Alberta. The Company has also secured long-term contracts for the construction and operation of a regional pipeline connecting the new salt cavern facility to existing pipelines in the area for receipt and delivery of hydrocarbon products. CU currently operates four salt caverns under long-term contract, which have a combined hydrocarbon storage capacity of 400,000 cubic metres. The development of this facility will increase aggregate hydrocarbon storage capacity at the ATCO Heartland Energy Centre by approximately 20 per cent, while creating a regional hub for feedstock storage and management in Alberta's Industrial Heartland region. Construction is set to begin immediately with full operation targeted for late 2021.

CDUAF Canadian Utilities
$0.00

(0.00%)

01/28/19
FBCO
01/28/19
DOWNGRADE
FBCO
Neutral
Canadian Utilities downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Andrew Kuske downgraded Canadian Utilities to Neutral from Outperform on share price appreciation. With a limited excess potential return to his C$36 price target, the analyst is moving to the sidelines.
11/01/19
TDSI
11/01/19
DOWNGRADE
TDSI
Hold
Canadian Utilities downgraded to Hold from Buy at TD Securities
TD Securities analyst Linda Ezergailis downgraded Canadian Utilities to Hold from Buy following the company's Q3 results and the roll forward of her price target basis by a quarter. She maintains a C$39.00 price target on the shares.

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EPZM

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MAS

Masco

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CI

Cigna

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GD

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DOCU

DocuSign

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DASTY

Dassault Systemes

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ULTA

Ulta Beauty

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AUMN

Golden Minerals

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YEXT

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HTHT

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ONDS

Ondas Holdings

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GH

Guardant Health

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DEI

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AXSM

Axsome Therapeutics

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ZM

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