11:26 AM EDT, 08/27/2025 (MT Newswires) -- Companies in the Canadian regulated utilities sector showed durability in their second-quarter results, RBC Capital Markets said Tuesday.

The results were either in line with expectations or stronger than expected, while the near-term outlooks were mostly reaffirmed, RBC said.

RBC said it sees potential favorable evolution for Emera ( EMA ) and Fortis ( FTS ) operations, which would improve the utilities' risk and/or return profiles.

As the need for investments rise, RBC said rate case applications are worth examining from the recently completed/settled ones in Florida that includes Emera's ( EMA ) PGS and Fortis' ( FTS ) Central Hudson, to upcoming ones in Ontario that includes Hydro One's ( HRNNF ) T&D businesses.

Stock-wise, RBC views Brookfield Infrastructure Partners (BIP-UN.TO) as one of the most under-appreciated stocks currently within the utilities space, in spite of its track record of delivering unitholder value via organic growth and capital recycling, as well as relatively favorable cash flow profile.

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