$AQN

Canadian utility stocks, considered defensive investments, are sensitive to interest rates, regulation, and capital structures. The iShares S&P/TSX Capped Utilities Index ETF (XUT) has a 5-year annualized return of 6.3%. Stockcalc analyzed top 10 TSX-listed utilities, finding Canadian Utilities (CU) and Algonquin Power (AQN) with potential upside. CU is merging with Emera, valued at $51.57 per share. AQN shows largest upside but has negative DCF due to debt.

Algonquin Power & Utilities (AQN) reported Q2 2026 earnings of $4.9M, down from $14.8M YoY, with adjusted EPS flat at $0.04. The company agreed to sell its 64% stake in Chilean water utility Suralis for $126.5M, aiming to reduce debt and focus on domestic regulated utilities. Management plans to use proceeds for debt reduction and a $3.2B capital plan. Regulatory approvals in Missouri and Kansas granted $97M and $8.8M in revenue adjustments, respectively.

Analysts updated ratings and price targets for several Canadian companies. CIBC lowered targets for AQN, ACO.X, CU, CPX, EMA, FTS, H, TA. TD maintained ratings for ATZ, BB, CF, SHOP. Eldorado Gold (ELD) was upgraded to Buy by BofA and Canaccord raised its target.

Algonquin Power & Utilities Corp. (AQN) is executing a U.S. redomicile, improving operational efficiencies, and investing $3.2B in capital through 2028. The company reported improved financials in 2025, major rate case wins, and a strong balance sheet, supporting continued dividend payments.

Algonquin Power & Utilities (AQN) agreed to sell its 64% stake in Chilean water utility Suralis for $126.5M, with a potential $1.5M earnout. Proceeds will fund debt reduction and capital investments. The sale aligns with AQN's strategy to simplify its portfolio and focus on regulated utility operations. The transaction is expected to close in the next two quarters, subject to approvals.

TD Cowen upgraded Gibson Energy Inc. (GEI-T) to $35, citing strong crack spreads and marketing segment performance. RBC expects Dollarama Inc. (DOL-T) to report solid Q2 results driven by consumer value-seeking behavior. National Bank Financial views Algonquin Power & Utilities Corp.'s (AQN-T) asset sale positively for balance sheet improvement. TD Cowen sees strong growth potential for Groupe Dynamite Inc. (GRGD-T).

Algonquin Power & Utilities Corp. (AQN) agreed to sell its 64% stake in Chilean water utility Suralis S.A. to Toesca S.A. for $126.5M, with a potential $1.5M earnout. The deal, expected to close in two quarters, will reduce AQN's geographic footprint and fund debt repayment and capital plans. Toesca, already a 30% Suralis stakeholder, will assume operations.

Algonquin Power & Utilities (AQN) reported Q2 results on Aug. 7. Management cited regulatory approvals including $97 million annualized revenue adjustments in Missouri and an $8.8 million Kansas adjustment, plus a Missouri COCN for a 250 MW gas project. GAAP net earnings fell to $4.9M from $14.8M; adjusted net earnings to $29.2M from $33.6M. A US redomicile plan is planned for 2027.

Weekly ASX “Share Tips” lists analysts’ picks: Aquirian (AQN) and Wildcat Resources (WC8) as buys, Energy One (EOL) and PLS Group (PLS) as holds, and Endeavour Group (EDV) and Commonwealth Bank (CBA) as sells. Other calls include Betashares ROYL and Munro MCCL buys, Suncorp (SUN) and AMP (AMP) holds, and Hansen (HSN) and Baby Bunting (BBN) sells, with cited FY2026/12-month figures.

Algonquin Power & Utilities (AQN) reported Q2 2026 adjusted net earnings of $29.2 million and adjusted EPS of $0.04. GAAP net earnings were $4.9 million. The company discussed Missouri and Kansas rate approvals, California WEMA wildfire recovery (75% requested), and a $1.15 billion Liberty Utilities debt issuance. It also outlined plans to redomicile to Delaware and move HQ to Chicago.