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Added to YB: 2026-08-27

Pitch date: 2026-08-25

H.TO [bullish]

Hydro One Limited

+0.28%

current return

Author Info

Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.

Company Info

Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other.

Market Cap

CAD 32.0B

Pitch Price

CAD 53.40

Price Target

N/A

Dividend

2.64%

EV/EBITDA

15.44

P/E

22.64

EV/Sales

5.42

Sector

Electric Utilities

Category

special_situation

Show full summary:
US-Canada Tariffs: Finding Investment Opportunities - Hydro One Limited

H.TO: Tariff/trade-war play: if Ontario hikes price of electricity exported to US, H benefits via higher earnings, FCF, potential shareholder returns; Ontario's largest T&D utility, levered to electricity demand/pricing. Author's framing: way to play the electricity side of US-Canada dispute without betting Canada actually cuts exports. Thesis hinges on a possible — not confirmed — export price increase; no valuation, PT, or timeframe provided.

Read full article (1 min)