July 23, 2014 6:59 PM ET

Electric Utilities

Company Overview of ENMAX Corp.

Company Overview

ENMAX Corporation, a utility company, generates, transmits, distributes, and sells electricity, natural gas, and renewable energy products to residential and commercial customers in Canada. The company operates in two segments, ENMAX Energy and ENMAX Power. The ENMAX Energy segment is engaged in the generation and sale of electricity. This segment also provides natural gas and renewable energy products, as well as is involved in energy supply and retail operations. In addition, this segment offers customer care, energy management, and district heating services. The ENMAX Power segment owns and operates electricity transmission and distribution networks in Calgary, as well as provides enginee...

141 50 Avenue SE

Calgary, AB T2G 4S7

Canada

Founded in 1904

1,852 Employees

Key Executives for ENMAX Corp.

Chief Executive Officer and President
Chief Financial Officer
Age: 52
Chief Technology Officer
Executive Vice President of Generation
Executive Vice President of Residential Markets
Compensation as of Fiscal Year 2014.

ENMAX Corp. Key Developments

Enmax Corporation Reports Earnings Results for the First Quarter Ended March 31, 2014

Enmax Corporation reported earnings results for the first quarter ended March 31, 2014. For the quarter, net earnings were CAD 35.9 million, compared to CAD 58.3 million for the same quarter ended March 31, 2013. Total revenue was CAD 1.00 billion, compared to CAD 843.4 million for the same quarter a year ago. Earnings before amortization, interest and income taxes were CAD 100.2 million, compared to CAD 105.2 million for the same quarter ended March 31, 2013.

ENMAX Corporation Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2014

ENMAX Corporation announced consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced net earnings of $35.9 million compared to $58.3 million for the same period a year ago. Return on assets was 13.2% compared to 8.8% for the same period a year ago. Return on equity was 14.3% compared to 10.7% for the same period a year ago. Decrease in earnings was primarily due to a one-time interest charge of $20.7 million associated with the early re-payment of long-term debt to lower borrowing cost, resulting in future savings.

ENMAX Corp., Annual General Meeting, May 09, 2014

ENMAX Corp., Annual General Meeting, May 09, 2014., at 10:30 Mountain Daylight.

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