Atco Ltd (ACOx.TO) Key Developments |
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Atco Ltd (ACOx.TO)

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Latest Key Developments (Source: Significant Developments)

ATCO Ltd increases common share dividend
Thursday, 7 Jan 2016 05:11pm EST 

ATCO Ltd:Declared a first quarter dividend of 28.50 cents per Class I Non-Voting and Class II Voting Share.Says a 15% increase over the 24.75 cents paid in each of the previous four quarters.Dividend is payable March 31, 2016, to shareholders of record on March 7, 2016.  Full Article

Atco sells subsidiary division ATCO Emissions Management
Tuesday, 29 Dec 2015 05:23pm EST 

Atco Ltd:Says sale of its subsidiary division, ATCO Emissions Management, to TriWest Capital Partners, a Canadian private equity firm based in Calgary, Alberta.In the transaction, TriWest will acquire all of the company's global operations in Canada, the U.S. and Mexico.Transaction is anticipated to close on Dec. 31, 2015.  Full Article

Denendeh and Atco form 50/50 partnership in Northland Utilities
Wednesday, 18 Mar 2015 03:27pm EDT 

Atco Ltd:Denendeh Investments Incorporated (DII) and ATCO signs memorandum of understanding to more than triple DII's ownership in Northland Utilities to 50 per cent.DII, a First Nations-owned corporation, which previously owned 14 pct of the company, and ATCO have been partners in the electric utility serving the Northwest Territories for nearly 30 years.Northland Utilities is a full-service electrical company that provides retail, distribution, transmission and generation services to more than 11,000 customers in nine N.W.T. communities.More than 25 pct of Northland Utilities employees are Indigenous and the company has a number of programs in place to build capacity with Indigenous people, such as job shadowing, apprenticeship training and engineering roles.DII represents 27 Dene First Nations and 50 per cent of the Indigenous population in the Northwest Territories.DII was created to invest in programs and business ventures to help build sustainable communities for its people.  Full Article

ATCO Ltd declares first quarter dividend and secures long-term contracts
Friday, 20 Feb 2015 07:39am EST 

ATCO Ltd:Declares Q1 dividend of 24.75 cents per class I non-voting and class II voting share, a 15 pct increase over 21.5 cents per share paid in each of previous four quarters of 2014.Says in Jan., partnership between ATCO Energy Solutions and Petrogas Energy Corp had secured long-term contracts for all four salt caverns under development for hydrocarbon storage located at ATCO's Heartland Energy Centre near Fort Saskatchewan, Alberta.  Full Article

ATCO's ATCO Structures & Logistics Pty Ltd awarded A$130 mln in additional work on Wheatstone Project
Thursday, 19 Feb 2015 05:01pm EST 

ATCO Structures & Logistics Pty Ltd:Says it has been awarded additional scope to design, manufacture and install 435 modular units under its current agreement with Bechtel on the Chevron-operated Wheatstone Project in Western Australia.Says the additional work is valued at an estimated A$130 mln and will commence in March 2015 with an expected completion in late 2015.Says this additional work is the fourth major contract supporting liquefied natural gas projects in Australia, spanning both the resource-rich east and west coasts.ATCO Structures & Logistics Pty. Ltd is the Australian division of ATCO Structures & Logistics Ltd.ATCO Structures & Logistics is part of the ATCO Group of Companies.  Full Article

ATCO Ltd announces eligible dividends
Thursday, 8 Jan 2015 05:40pm EST 

ATCO Ltd:Says that it has declared a first quarter dividend of 24.75 cents per Class I Non-Voting and Class II Voting Share, a 15 pct. increase over the 21.50 cents paid in each of the previous four quarters.The dividend is payable Mar. 31, 2015, to shareholders of record on Mar. 10, 2015.  Full Article

ATCO Ltd wins workforce accommodations contract
Wednesday, 17 Dec 2014 05:46pm EST 

ATCO Ltd:Says ATCO Structures & Logistics has been awarded a contract by TransCanada PipeLines Limited.Says the contract to design, build and operate a 150-person workforce accommodations lodge that will house workers constructing the Otter Lake Compressor Station in the Peace River region of Alberta.Says the lodge is scheduled to open in Jan. 2015 and will house workers until Jan. 2016.  Full Article

Atco wins NATO Fire Protection contract in Kosovo
Tuesday, 9 Dec 2014 04:31pm EST 

Atco Ltd:ATCO Structures & Logistics (ATCO) has won a contract to provide around-the-clock fire protection services to the North Atlantic Treaty Organization (NATO) troops, known as Kosovo Force, at the 700-person Camp Novo Selo near Pristina.Five-year contract commences Jan. 2015.  Full Article

ATCO Ltd secures oilsands lodge management contract
Tuesday, 28 Oct 2014 04:09pm EDT 

ATCO Ltd:Says that it has been awarded a contract by a major Canadian exploration and production company to operate a 1,900 bedroom lodge in Alberta's oilsands region.ATCO will provide catering, housekeeping, janitorial and maintenance services over the course of the five-year contract that is valued at an estimated $150 mln.  Full Article

ATCO Ltd declares quarterly dividends
Friday, 17 Oct 2014 02:27pm EDT 

ATCO Ltd:Declares dividend of 21.5 cents per Class I Non-Voting and Class II Voting Share.Record Date is Dec. 05.Payable on Dec. 31.  Full Article

BRIEF-Atco reports 2016 first quarter earnings

* Says q1 adjusted earnings for 2016 of $121 million compared to $78 million in 2015