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    ACO.X   CA0467894006

ATCO LTD.

(ACO.X)
  Report
Delayed Toronto Stock Exchange  -  04:00:00 2023-01-27 pm EST
42.04 CAD   -0.69%
01/23Mexico economy minister meets with Canadian energy firms
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01/19Mexico president says resolved Canada firms' concerns in energy dispute
RE
01/12ATCO Ltd. Declares First Quarter Dividend on Class I Non-Voting and Class II Voting Shares, Payable on March 31, 2023
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Mexico economy minister meets with Canadian energy firms

01/23/2023 | 01:26pm EST
Mexico's new economy Minister discusses targets for

MEXICO CITY (Reuters) - Mexican Economy Minister Raquel Buenrosto met with Canadian energy firms to follow up on agreements made at a meeting with President Andres Manuel Lopez Obrador, the ministry said Monday.

Buenrostro will meet with the firms again next month to discuss progress made on the agreements, the ministry said on Twitter.

A Mexican official told Reuters last week a "framework" for each of the companies' problems with Mexico's energy sector had been agreed upon.

The four companies who met with Lopez Obrador include pension fund La Caisse de depot et placement du Quebec (CDPQ), ATCO Ltd, Northland Power Inc, and Canadian Solar Inc, an official familiar with the matter said.

A spokesperson for Mexico's economy ministry could not immediately confirm whether the four companies were those present at the meeting with Buenrostro.

The United States and Canada last year initiated dispute settlement proceedings against Mexico's push to prioritize state-run energy companies under a regional trade pact.

(Reporting by Kylie Madry and Raul Cortes; Editing by Brendan O'Boyle)


ę Reuters 2023
Stocks mentioned in the article
ChangeLast1st jan.
ATCO LTD. -0.69% 42.04 Delayed Quote.-0.12%
CANADIAN SOLAR INC. -0.37% 40.85 Delayed Quote.32.69%
NORTHLAND POWER INC. -0.90% 36.25 Delayed Quote.-1.48%
All news about ATCO LTD.
01/23Mexico economy minister meets with Canadian energy firms
RE
01/19Mexico president says resolved Canada firms' concerns in energy dispute
RE
01/12ATCO Ltd. Declares First Quarter Dividend on Class I Non-Voting and Class II Voting Sha..
CI
01/12ATCO Ltd. Eligible Dividends
AQ
01/06ATCO Closes "Major" Canadian Renewables Buy, Enters Into Long Term Renewable Energy Pur..
MT
01/06ATCO Brief: Closing "Major" Canadian Renewables Buy and Entering Into a Long ..
MT
01/06Atco closes major canadian renewables acquisition and enters into a long-term renewable..
AQ
01/06ATCO Enters into New 15-Year Renewable Energy Purchase Agreement with Microsoft Corpora..
CI
01/04Atco acquires Triple M Modular Housing, terms not immediately available
AQ
01/04ATCO Expands Into Residential Market With Acquisition of Triple M Housing
MT
More news
Analyst Recommendations on ATCO LTD.
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Financials
Sales 2022 4 944 M 3 714 M 3 714 M
Net income 2022 824 M 619 M 619 M
Net Debt 2022 9 018 M 6 774 M 6 774 M
P/E ratio 2022 11,1x
Yield 2022 4,37%
Capitalization 4 778 M 3 589 M 3 589 M
EV / Sales 2022 2,79x
EV / Sales 2023 2,74x
Nbr of Employees 6 358
Free-Float 66,0%
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Technical analysis trends ATCO LTD.
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TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 42,33 CAD
Average target price 49,64 CAD
Spread / Average Target 17,3%
EPS Revisions
Managers and Directors
Nancy C. Southern President & Chief Executive Officer
Siegfried Willi Kiefer President & Chief Strategy Officer
Katie J. Patrick Executive VP, Chief Financial & Investment Officer
Alan M. Skiffington Chief Information Officer & Vice President
Sarah J. Shortreed Chief Technology Officer & Executive VP
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