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Emera Inc T.EMA

Alternate Symbol(s):  EMRAF | T.EMA.PR.A | EMRPF | T.EMA.PR.B | T.EMA.PR.C | ERRAF | T.EMA.PR.E | T.EMA.PR.F | EMICF | T.EMA.PR.H | T.EMA.PR.J | EMRJF | T.EMA.PR.L

Emera Incorporated is a geographically diverse energy and services company. It invests in regulated electricity generation and electricity and gas transmission and distribution, with a strategic focus on transformation from high carbon to low carbon energy sources. Its segments include Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other. Florida Electric Utility consists of Tampa Electric, a vertically integrated regulated electric utility in West Central Florida. Canadian Electric Utilities includes Nova Scotia Power Inc., a vertically integrated regulated electric utility and the electricity supplier in Nova Scotia, and a 100 % equity interest in NSP Maritime Link Inc. Gas Utilities and Infrastructure includes Peoples Gas System, Inc., New Mexico Gas Company, Inc., Emera Brunswick Pipeline Company Limited, SeaCoast Gas Transmission, LLC and a 12.9 % equity interest in Maritimes & Northeast Pipeline.


TSX:EMA - Post by User

Comment by stockpunter2on Oct 09, 2024 10:55am
169 Views
Post# 36259344

RE:Hurricane

RE:HurricaneThanks for the comment.  According to the below article, Florida provides a HUGE portion of EMA's revenue.  I don't know why the author is so unconcerned about weather impact on earnings and SP.  Regulatory mechanisms are in place?  Tell that to the folks in NC.  I sold EMA this am with a modest gain and bought a little FTS, which is also off it's recent highs (an has no operations in Florida!).  I like to buy and trade high-yield, relatively safe blue chips in my TFSA.  Something in the path of a major hurricane does not seem to fit that plan.  Good luck!
https://www.investing.com/news/company-news/emera-stocks-sector-outperform-intact-amid-hurricane-concerns-93CH-3653825
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