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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

Comment by NewOpportuniston Nov 17, 2022 12:37pm
232 Views
Post# 35107347

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not goin to see $9

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not goin to see $9Need to see a day not making newer lows, actually finishing up, ideally towards the high end of the daily trading range, volume tapering off on the down days.

I still think this sets up for a great trading opportunity, just be careful scaling in. I don't think you would be wrong with a 1/3 position now, hard to call bottoms and reversals can be swift. I am not yet convinced of a divy cut, agree with other comments (50/50) and if you want to wait for that, good luck, this can be months away as divy for Q4 has already been announced (ex div Dec 29). Insiders are buying, why would they do that if they were to announce a divy cut in the short term?
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