Canadian Utilities Limited
CUTLF
Other OTC14.93
USD
- -
- -
Canadian Utilities Limited
CUTLF
(Other OTC)
Recent
price
14.93
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Canadian Utilities Limited is a diversified global energy infrastructure company and subsidiary of ATCO Ltd, headquartered in Calgary, Canada, with operations primarily in Canada, Australia, and internationally. The company provides a broad range of products and services through three main business units: ATCO Energy Systems, ATCO EnPower, and ATCO Australia. Its core offerings include regulated electricity transmission and distribution services, natural gas transmission and distribution, electricity generation, energy storage, industrial water solutions, clean fuel development, and retail energy sales comprising electricity and natural gas. Canadian Utilities serves markets in Alberta, the Yukon, the Northwest Territories, Saskatchewan, Ontario, Mexico, Chile, and Western Australia. In the electricity sector, Canadian Utilities operates regulated transmission and distribution services and international electricity operations. Its natural gas services include integrated transmission and distribution networks. The energy infrastructure segment focuses on generation, energy storage, industrial water, and clean fuels. The company is also engaged in innovative clean fuel projects including carbon capture and hydrogen production and has developed facilities such as hydrogen production and refueling stations in partnership with transportation entities. Recent major changes include the sale of its 100% investment in ATCO Energy Ltd. to its parent ATCO Ltd. in 2024, raising about $85 million. Canadian Utilities commenced major transmission infrastructure projects such as the Central East Transfer-Out project (CETO) in Alberta, expected to energize by mid-2026, supporting renewable energy integration and supplying over 1,500 megawatts to Alberta’s grid. The company has formed strategic partnerships with Linde Canada for its Heartland Hydrogen Hub project and Shell for the Atlas Carbon Storage Hub, aiming for operational milestones by 2028. It also issued approximately CAD 201 million in Series JJ Preferred Shares in late 2025 to fund capital expenditures and corporate purposes. Canadian Utilities employs approximately 9,100 people across its subsidiaries and affiliates and manages assets valued at around CAD 24 billion. It continues to invest heavily in regulated utilities and energy infrastructure, focusing on sustainable energy solutions and expansion of its regulated and renewable asset base globally. The company was founded in 1927 and maintains strong positioning in utilities and energy segments while advancing clean fuel and energy transition initiatives.