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Fortis releases transcript of Q2 2026 earnings call

PUBT
Aug 4, 2026 at 01:36 PM
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Fortis released its Q2 2026 earnings call transcript. CEO David Hutchens highlighted a BC order-in-council supporting a CAD 2 billion Tilbury LNG Phase 1B expansion, with construction starting mid-2027. CFO Jocelyn Perry reported Q2 net earnings of CAD 396 million (CAD 0.78/share) and confirmed the company remains on track to invest CAD 5.6 billion in 2026.

  • Fortis released the transcript of its Q2 2026 earnings call attended by CEO David Hutchens, CFO Jocelyn Perry, FortisBC CEO Roger Dall’Antonia, ITC CEO Krista Tanner, UNS Energy CEO Susan Gray. * Hutchens flagged a British Columbia order-in-council backing a larger Tilbury LNG Phase 1B expansion, allowing about CAD 2 billion in regulated rate base. * Tilbury 1B is expected to enter construction as early as mid-2027, with in-service timing as early as 2031; the next five-year capital plan is due with Q3 results. * Dall’Antonia said Tilbury 2 environmental assessment timing points to a decision in Q4; the storage tank is framed as resiliency, with liquefaction rate benefits still early. * Perry reported Q2 net earnings of CAD 396 million, or CAD 0.78 per share; Fortis stayed on track to invest CAD 5.6 billion in 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortis Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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