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Atco
Atco

Energy / Energy supply

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
Atco is a Canadian company that provides products and services for construction, energy, logistics, and utilities industries. The company was founded in 1947 by S.D. Southern and is headquartered in Calgary, Alberta. Atco has operations in Canada, the United States, Europe, Australia, and South America, with approximately 6,000 employees worldwide.
Atco's main business segments include Structures and Logistics, Utilities, Energy Infrastructure, and Retail Energy. The Structures and Logistics segment provides modular buildings, workforce housing solutions, and industrial lodging services. The Utilities segment operates and maintains electricity and natural gas distribution systems in Canada and Australia. The Energy Infrastructure segment focuses on developing, building, owning, and operating power generation and transmission projects. The Retail Energy segment provides natural gas and electricity retail services to commercial and residential customers in Alberta, Canada.
Atco is committed to sustainability and has a goal to reduce its greenhouse gas emissions by 50% by 2030. The company has also implemented various environmental initiatives, such as introducing energy-efficient products and investing in renewable energy projects.
Atco is a publicly-traded company on the Toronto Stock Exchange (TSX) under the ticker symbol ACO.X. It is also listed on the New York Stock Exchange (NYSE) under the ticker symbol ATCO. The company has a strong track record of financial performance, with a consistent history of increasing dividends for shareholders.
Overall, Atco is a well-established company with a diversified portfolio of businesses and a focus on sustainability and innovation in the energy sector.
What is special about the company?
1. Pioneering History: Established in 1947, Atco has a long and pioneering history as one of Canada's leading companies in the energy, infrastructure, and logistics sectors.
2. Diversified Portfolio: Atco has a diverse portfolio, with operations in utilities, structures and logistics, and energy systems. This allows the company to hedge against market fluctuations and provide stability for shareholders.
3. International Presence: Atco has a global footprint, with operations in over 100 countries around the world. This has helped the company establish a strong international reputation and connect with a wide range of customers and partners.
4. Innovative Solutions: Atco is known for its innovative approach to providing solutions for energy, infrastructure, and logistics challenges. The company has a reputation for using cutting-edge technology and sustainable practices to deliver its services.
5. Strong Financial Performance: Atco has a strong track record of financial performance, with a consistent history of profitability and growth. This has enabled the company to invest in new ventures and expand its operations.
6. Community Initiatives: Atco has a strong commitment to corporate social responsibility and is involved in various community initiatives, such as supporting education, healthcare, and environmental causes.
7. Employee Culture: Atco places a strong emphasis on employee development and has a positive workplace culture. The company is recognized for its commitment to health and safety, diversity and inclusion, and ethical business practices.
8. Sustainability Focus: Atco is committed to sustainability and has set ambitious targets to reduce its environmental footprint. The company is actively investing in renewable energy sources and improving energy efficiency in its operations.
What the company's business model?
Atco is a diversified global corporation primarily involved in the energy, utilities, and real estate sectors. Its business model involves owning and operating various businesses, subsidiaries, and investments in these sectors, providing products and services that cater to the energy and infrastructure needs of its clients. Some of its main lines of business include the production, transmission, and distribution of natural gas and electricity, as well as engineering, construction, and maintenance services for infrastructure projects. It also invests in and manages commercial and industrial real estate properties. Atco operates through a vertically integrated model, with a strong focus on sustainability and strategic diversification to drive long-term growth and stability. Additionally, the company is committed to responsible and ethical business practices, community engagement, and environmental stewardship.
Interesting facts about the company
1. The Atco Company was founded in 1955 as a subsidiary of the Canadian energy and utility company, Canadian Utilities Limited.
2. The name Atco is actually an acronym for Alberta Trailer Company, as the company’s initial purpose was to provide portable housing solutions for workers in the Canadian oil industry.
3. Today, Atco has expanded its services to include energy, utilities, logistics, and construction solutions worldwide.
4. The company is headquartered in Calgary, Alberta, Canada and has a presence in over 100 countries.
5. Atco is a major player in the natural gas and electricity markets in Canada, Australia, and the United Kingdom.
6. In addition to its core energy and utility services, Atco also has divisions in real estate, agriculture, and technology innovation.
7. Atco’s logo is a stylized blue A with an orange swoosh, representing the company’s commitment to energy efficiency and renewable energy.
8. The company has a long-standing commitment to sustainable development and has been recognized for its efforts in environmental stewardship and social responsibility.
9. In 2020, Atco launched a new division called Atco Clean Energy Innovation which focuses on clean energy solutions such as hydrogen and natural gas.
10. Atco has been listed as one of Alberta’s Top Employers for multiple consecutive years and has also been recognized as one of Canada’s Top 100 employers.
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