Utility
Hydro One (H) & Canadian Utilities (CU): TSX stocks for green investing
February 09, 2022 08:07 AM EST| By Kajal JainHighlights Green investing has become a buzzword as the world struggles with climate change. More people are now making greener choices in terms of investing as they are confronted with increasingly extreme weather conditions in the hopes.....
Brookfield’s (TSX:BEP.UN) Q4 revenue surges to $1,091M. Buy call?
February 04, 2022 09:42 AM EST| By Raza NaqviHighlights: Connor Teskey, the chief executive officer (CEO) of Brookfield Renewable, said that 2021 remained strong for the company. As of December 31, 2021, Brookfield Renewable's cash and cash equivalents were worth US$ 764 million. In 2021.....
2 water stocks every Canadian investor should know about
January 12, 2022 08:24 AM EST| By Kajal JainStocks of Global Water Resources (TSX: GWR) and H2O Innovation Inc (TSXV: HEO) are gaining attention in the stock markets amid the growth predictions of the global water and wastewater industry. A study by Research and Markets from December 2021 s.....
Why is TransAlta (RNW) stock dipping & what investors should do now?
January 12, 2022 06:45 AM EST| By Raza NaqviStocks of TransAlta Renewables Inc. (TSX:RNW) plunged nine per cent on Tuesday, January 11, and closed at C$ 16.38 per share. The decline in share prices came as TransAlta Renewables announced that it would have to replace all turbine foundations .....
Hydrostor stock: Why are investors looking for it & can it be bought?
January 11, 2022 03:10 AM EST| By Raza NaqviThe Toronto-based developer of Advanced Compressed Air Energy Storage (A-CAES) solutions- Hydrostor Inc., is attracting potential investors in Canada as it announced an investment from Goldman Sachs Asset Management. Hydrostor said on Monday, Janu.....
5 best Canadian utility stocks of 2021 under $100
December 21, 2021 07:55 AM EST| By Kajal JainHighlights Utility stocks are safe and stable investment option as utility services are widely used and have consistent demand. Regular dividend paid by utility companies is a bonus point to consider while making investment decisions. A utilit.....
Boralex's (BLX) operating income rises 112%. A renewable stock to buy?
November 12, 2021 10:46 AM EST| By Raza NaqviHighlights In Q3 2021, Boralex's operating income increased to C$ 7 million, representing an increase of 112 per cent year-over-year (YoY). Boralex claims to be at the forefront of changing the world as it is a major player in the renewable ene.....
Why is Algonquin (AQN) stock gaining investors' attention in Canada?
November 01, 2021 11:49 AM EDT| By Raza NaqviHighlights On October 26, the Investment Industry Regulatory Organization of Canada (IIROC) had halted trading of the AQN stock. The IIROC sometimes halts the trading of stock to ensure that the market is orderly and fair. On November 1, AQN s.....
3 Canadian dividend utility stocks to buy at a low cost
October 19, 2021 12:11 PM EDT| By Team Kalkine MediaHighlights One of the utility stocks listed here expanded by nearly 32 per cent in the past year. A utility company among them posted a dividend yield of 4.878 per cent. One of the below-mentioned stocks held a return on equity of 10.21 per ce.....
5 best Canadian water stocks to buy
October 04, 2021 10:27 AM EDT| By Team Kalkine MediaWater has now joined oil, gold, and other commodities futures on Wall Street. Around 71 per cent of the earth is water, however, only 0.3 percent of that water is clean and viable for use, which makes it a scarce resource. The increasing demand fo.....
7 Canadian stocks combating climate change
August 10, 2021 05:51 AM EDT| By Shreya BiswasAs the world combats the evils of climate change, many companies are taking numerous initiatives to engage in renewable energy and technology infrastructure. The Canada government has been quite vocal and proactive about its climate change goals. .....
Is Algonquin Power & Utilities (TSX:AQN) a good dividend stock to buy?
August 04, 2021 11:51 AM EDT| By Team Kalkine MediaHighlights Algonquin issued quarterly dividends of US$ 0.171 apiece to its shareholders. AQN offers dividend yield of 4.17 per cent The five-year dividend growth is 9.29 per cent. Algonquin Power & Utilities Corporation (TSX: AQN) ann.....
Best 3 utility dividend stocks to buy & hold in 2021
July 09, 2021 01:05 PM EDT| By Raza NaqviUtility stocks are popular in Canada as the sector contributes significantly to the country’s economy. Many investors explore utility stocks for their investment portfolios as they likely provide stable returns. After a dip in May, it seems .....
Top 5 Canadian utility stocks to buy now
June 22, 2021 11:51 AM EDT| By Team Kalkine MediaUtilities is one of the largest constituents of the defensive stocks basket. These stocks often sought after and included in equities portfolios as they are likely to reel in stable returns over long periods of time. Let us now look at some TSX-list...
Anaergia IPO: Here’s how you can buy this clean tech stock
June 17, 2021 12:22 PM EDT| By Team Kalkine MediaSummary Anaergia is engaged in operations to eliminate emissions of greenhouse gases. The Ontario-based company filed for an initial public offering (IPO) earlier in June, seeking gross proceeds of about C$ 200 million. Anaergia is likely to m.....
Pembina & TC Energy to develop carbon system: 2 pipeline stocks to buy
June 17, 2021 12:15 PM EDT| By Raza NaqviPembina Pipeline Corporation (TSX:PPL) and TC Energy Corporation(TSX:TRP) have joined hands to develop a carbon transportation and sequestration system in the western Canadian province of Alberta. On completion of this ambitious project, the companie...
Orbital Energy (NASDAQ:OEG) Stock Zooms 115%: Buy Or Sell?
June 02, 2021 09:11 AM EDT| By Team Kalkine MediaStocks of energy infrastructure services company Orbital Energy Group Inc (NASDAQ: OEG, OEG.US) rocketed by a whopping 115.2 per cent on Tuesday, June 1. The Texas-based firm’s trading volume also expanded to cross 236 million shares on Tuesda...
2 TSX Utility Stocks To Buy In 2021
May 19, 2021 09:51 AM EDT| By Team Kalkine MediaThe Canadian utilities sector noted a rebound after the first wave of the COVID-19 pandemic. The sector’s centrality to the country’s growth is likely to generate higher returns for investors, particularly in 2021, as per some industry ex...
5 Utility Stocks to Power Your Portfolio
May 06, 2021 11:20 AM EDT| By Team Kalkine MediaCompanies involved in the utility business are often considered to be a little less risky in terms of investment as the demand for essential services is always present. These enterprises usually deal with the services of electricity, water supply and...
4 Best Canadian Renewable Stocks To Buy
May 03, 2021 01:56 PM EDT| By Team Kalkine MediaStocks of renewable resources-based companies have been in the limelight for a while now. But since the Canadian government declared the new emissions reduction target of 40-45 per cent on April 22, green stocks seem to have gained more tractions. I...