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Algonquin Power & Utilities Corp T.AQN.PR.A


Primary Symbol: T.AQN Alternate Symbol(s):  AQN | 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 robertbigon Sep 29, 2023 12:51pm
347 Views
Post# 35662008

RE:RE:RE:RE:RE:Just wondering

RE:RE:RE:RE:RE:Just wonderingjust look at the chart, of this and other 'renewables'  seems like there was an irrational run up in share price from about 2018- 2022, with a breif covid dip, almost all of them are now getting hammered, so whatver mistakes this company made i don't think it's that unqiue.... a more reasonable trading range might be $11-13 dollars.... significantly below this now, but was up around 12 when people beleived interest rate hikes were close to done.... if rate stabalize or retreat, my guess is to move towards 11 or 12 prettty quick..... the problem is uncertain of 'higher for longer' and any untilty company is working with masssive amounts of debt.... how do you even price a utility stock when you have no idea where the risk free rate will end up? you can't.... hence the price movements..... 
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