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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Post by BSdetector2016on Nov 15, 2022 8:08am
293 Views
Post# 35099129

The clowns in the executive suite

The clowns in the executive suiteneed to make a statement soon in order to put out this dumpster fire instead of pouring naptha on it by staying silent. Banskota has presided over epic capital destruction over the last two trading sessions. The damage to the stock is now disproportionate to the news, so the drop has to stop soon. Announcing the dividend cut NOW would put the brakes on the shorts and the panic we are seeing now. A CFO departure, followed soon after by a CEO departure, are in order.
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