Algonquin Power & Utilities Corp T.AQN

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

Utilities Utilities - Diversified

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

Algonquin Power & Utilities Corp > All Talk, No Action

<< Previous

Bullboard Posts

Next >>

Comment by BSdetector2016on Jul 25, 2024 12:34pm

201 Views

Post# 36148237

RE:RE:All Talk, No Action

I am now down to a small holding. This is a poster child example of what a dead money stock looks like. There would have been some hope had they recruited a CEO from outside the sandbox to clean things up, but no...

DeanEdmonton wrote: BSDetector - not sure whether the earnings report will be good or bad but my bet is they won't break their current pattern. Even if the report is reasonable, I think the odds of it helping the stock price are pretty low. I did not want to be holding this stock through the announcement. Will be very interested to see if they are starting to turn this around, but I doubt it.
BSdetector2016 wrote: Folks, it's been almost a year since the company announced the sale of its renewables business. Nothing of any consequence has happened since. Do we get our hopes up when they release Q2 or will it be more of the same management gross under-achievement ?

https://investors.algonquinpower.com/news-market-information/news/news-details/2023/Algonquin-Power--Utilities-Corp.-Will-Pursue-Sale-of-Renewable-Energy-Group-Following-Strategic-Review-Announces-2023-Second-Quarter-Financial-Results/default.aspx