Altius Renewable Royalties Corp.

ARR

CA02156G1028

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 12:41:37 18/05/2024 am IST			5-day change	1st Jan Change
9.25 ^CAD	+0.22%		-0.54%	+17.39%

03/05	Transcript : Altius Renewable Royalties Corp., Q1 2024 Earnings Call, May 03, 2024
02/05	Altius Renewable Royalties Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Altius Renewable Royalties Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 03, 2024 at 02:49 am IST

Altius Renewable Royalties Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 1.09 million compared to USD 0.558 million a year ago.

Net loss was USD 0.24 million compared to USD 0.106 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.

Latest news about Altius Renewable Royalties Corp.

Transcript : Altius Renewable Royalties Corp., Q1 2024 Earnings Call, May 03, 2024	03/05
Altius Renewable Royalties Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	03/05	CI
Altius Renewable Brief: For Quarter ended March 31, 2024, Reported a net loss of US$0.2 million, proportionate revenue of $3.6 million	03/05	MT
Altius Minerals Expecting 19% drop in Q1 Attributable Royalty Revenue	18/04	MT
Altius Minerals Brief: Reporting Q1 2024 Expected Attributable Royalty Revenue	18/04	MT
Altius Renewable Royalties Forecasts Q1 Proportionate Royalty Revenue of US$2.5 Million	17/04	MT
Altius Minerals Brief: Q4 Attributable royalty revenue of $16.0 million ($0.34 per share) compares to $23.1 million ($0.49 per share) in Q4 2022	12/03	MT
Altius Minerals Brief: Net loss of $2.2 million ($0.05 per share) was recognized in Q4 and on an adjusted basis net earnings of $2.3 million ($0.06 per share)	12/03	MT
Altius Minerals Brief: Reporting Revenue of $13.8 million for fourth quarter compared to $21.7 million in the same period in 2022	12/03	MT
Altius Renewable Royalties Corp. Provides Revenue Guidance for the Year 2024	07/03	CI
Transcript : Altius Renewable Royalties Corp., Q4 2023 Earnings Call, Mar 07, 2024	07/03
Altius Renewable Royalties Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	07/03	CI
Altius Renewable Royalties Brief: For Q4, Reported a net loss of US$0.2 million, proportionate revenue of $2.3 million, adjusted EBITDA of $1.0 million and adjusted operating cash flow of $1.3 million	07/03	MT
Altius Renewable Royalties Expecting Q4 Proportionate Royalty Revenue of US$1.3 million, US$5.2 million for Full Year	19/01	MT
Altius Renewable Royalties Corp Brief: Reporting Q4 2023 Expected Proportionate Royalty Revenue of US$1.3 million, Full Year of US$5.2 million	19/01	MT
Altius Minerals Brief: Providing 2023 Year-End Project Generation Update	08/01	MT
Transcript : Altius Renewable Royalties Corp., Q3 2023 Earnings Call, Nov 07, 2023	07/11
Altius Renewable Royalties Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	07/11	CI
Altius Renewable Royalties Corp Brief: Reporting a net loss of US$0.7 million, proportionate revenue of $2.5 million and adjusted EBITDA of $1.5 million for Q3	07/11	MT
National Bank of Canada Details Credit Agreements By Altius' Great Bay Joint Venture	01/11	MT
Altius Renewable Royalties Closed US$247 Million Credit Facility	01/23/01	MT
Altius Renewable Royalties Announces Closing of $247 Million Credit Facility	01/23/01	CI
Altius Minerals Brief: Reporting Q3 2023 Expected Attributable Royalty Revenue of $17.9 Million	19/23/19	MT
National Bank of Canada Cuts Altius Renewable Royalties' Price Target	17/23/17	MT
Altius Renewable Royalties Reported Q3 2023 Expected Proportionate Royalty Revenue of US$1.9 million	16/23/16	MT

Chart Altius Renewable Royalties Corp.

Duration

Period

More charts

Company Profile

Altius Renewable Royalties Corp is a renewable energy royalty company. The Company is engaged in providing long-term, royalty level investment capital to renewable power developers, operators, and originators. It has 33 renewable energy royalties representing approximately 1.9 gigawatts (GW) of renewable power on operating projects and an additional approximate six GW on projects in development phase, across several regional power pools in the United States. The Company holds interests in a portfolio of 2,068 megawatts of operational wind, solar, and hydro-electric projects located in Texas, Kansas, California and Vermont. In addition, the Company holds investments in renewable project developers that entitle it to additional royalty interest grants upon project sales to third parties. It also includes royalties from GBR's investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy. Its royalties include Prospero 2, Old Settler, Cotton Plains, Phantom and others.

Sector

Electric Utilities

Calendar

22/05/2024 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Altius Renewable Royalties Corp.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.799 USD

Average target price

8.952 USD

Spread / Average Target

+31.68%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

	1st Jan change	Capi.
ALTIUS RENEWABLE ROYALTIES CORP.	+17.39%	21Cr
NEXTERA ENERGY	+24.91%	16TCr
SOUTHERN COMPANY	+12.93%	8.66TCr
IBERDROLA, S.A.	+3.20%	8.4TCr
ENEL S.P.A.	-0.71%	7.46TCr
CONSTELLATION ENERGY CORPORATION	+83.99%	6.78TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	+14.00%	4.88TCr
DOMINION ENERGY, INC.	+14.43%	4.51TCr
GE VERNOVA INC.	0.00%	4.41TCr
PG&E CORPORATION	+3.44%	3.99TCr

Other Electric Utilities