Morningstar - Emera Incorporated (EMA.) Emera Looks to Sell Assets to Fund Regulated Growth Opportunities

Report

Morningstar

Andrew Bischof

EUR 100.00 For Business Accounts Only

Emera Looks to Sell Assets to Fund Regulated Growth Opportunities

We are reaffirming our CAD 46 fair value estimate along with our narrow economic moat and stable moat trend ratings after Emera reported third-quarter operating earnings per share of $0.82 versus $0.55 in the same year-ago period. After a strong first quarter and third quarter, year-to-date results are in line with our expectations. Management does not issue earnings guidance.
After lowering its annual dividend growth target to 4%-5% from 8% in the second quarter, management turned its attention...

09/11/2018 12 EN

Underlying

Emera Incorporated

Emera is an energy and services company which invests in electricity generation, transmission and distribution, gas transmission and utility energy services. Co. had six segments: Nova Scotia Power Inc., an electric utility and electricity supplier in Nova Scotia; Emera Maine, which provides electric transmission and distribution services in the U.S.; Emera Caribbean, which includes Emera (Caribbean) Incorporated and its subidiaries; Pipelines, which includes Emera Brunswick Pipeline Company Ltd. and an equity investment in Maritimes & Northeast Pipeline; Emera Energy, which includes Emera Energy Services that provides energy management services; and Corporate and Other.

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CA2908761018 Toronto Stock Exchange Canada

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Andrew Bischof

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With a more favourable environment, EMERA improves to Positive

EMERA (CA), a company active in the Conventional Electricity industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 15, 2022, the closing price was CAD 60.46 and its potential was estimated at CAD 63.48.

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March 16, 2022 March 16, 2022 1 EN

GlobeNewsWire

Emera Announces Upsizing of Previously Announced Offering of Preferred Shares

Emera Announces Upsizing of Previously Announced Offering of Preferred Shares NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021. HALIFAX, Nova Scotia, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera” or the “Company”) (TSX:EMA) announced today that it has agreed to increase the size of its previously announced offering and issue 9,000,000 Cumulat...

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Emera Looks to Sell Assets to Fund Regulated Growth Opportunities

Emera Inc: 1 director

With a more favourable environment, EMERA improves to Positive

Emera Announces Upsizing of Previously Announced Offering of Preferred Shares

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Sasol Provides Full-Year Production Update

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