Compare · FTS vs MGEE
FTS vs MGEE
Side-by-side comparison of Fortis Inc. (FTS) and MGE Energy Inc (MGEE): market cap, price performance, sector, and recent activity on the wire.
Summary
- FTS operates in Utilities, while MGEE operates in Energy - the two are in different parts of the market.
- FTS is the larger of the two at $27.93B, about 10.4x MGEE ($2.69B).
- MGEE has been more active in the news (4 items in the past 4 weeks vs 3 for FTS).
- FTS has more recent analyst coverage (23 ratings vs 10 for MGEE).
Fortis Inc.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 433,000 retail customers in southeastern Arizona; and 98,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,233 megawatts (MW), including 59 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,048,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 572,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 67,000 customers in Ontario; approximately 270,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
MGE Energy Inc
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 24, 2021, the company generated and distributed electricity to 157,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
Latest FTS
- SEC Form 6-K filed by Fortis Inc.
- Fortis Inc. to Hold Teleconference and Webcast on November 3 to Discuss Third Quarter 2026 Results and New Five-Year Capital Outlook
- SEC Form 6-K filed by Fortis Inc.
- SEC Form SUPPL filed by Fortis Inc.
- SEC Form 6-K filed by Fortis Inc.
- SEC Form 6-K filed by Fortis Inc.
- Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes
- SEC Form FWP filed by Fortis Inc.
- SEC Form SUPPL filed by Fortis Inc.
- SEC Form 6-K filed by Fortis Inc.
Latest MGEE
- MGE Energy Declares Regular Dividend
- Analyst initiated coverage on MGE Energy with a new price target
- SEC Form 8-K filed by MGE Energy Inc
- BofA Securities initiated coverage on MGE Energy with a new price target
- Director Berbee James G bought $21,251 worth of shares (275 units at $77.35), increasing direct ownership by 3% to 10,013 units (SEC Form 4)
- MGE Energy Increases Dividend for 51st Consecutive Year
- MGE Energy Inc filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Director Berbee James G bought $21,249 worth of shares (261 units at $81.30), increasing direct ownership by 3% to 9,738 units (SEC Form 4)
- MGE Energy Reports Second-Quarter 2026 Earnings
- MGE Energy Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits