Fortis Inc

FTS: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 12.00	Zfyfx	Msklqqnjh

Fortis' Strong Organic Growth Opportunities Support Earnings Growth

Andrew Bischof

Feb 15, 2024

Business Strategy and Outlook

Fortis manages regulated electric and gas utilities and independent transmission assets across North America.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.