Utilities -
Independent Power Producers - NYSE - CA
$ 8.33
2.08 %
$ 2.48 B
Market Cap
19.83
P/E
1. INTRINSIC VALUE
Balance Sheet
TransAlta Corporation
| Current Assets | 1.77 B |
| Cash & Short-Term Investments | 337 M |
| Receivables | 643 M |
| Other Current Assets | 793 M |
| Non-Current Assets | 7.73 B |
| Long-Term Investments | 159 M |
| PP&E | 6.17 B |
| Other Non-Current Assets | 1.4 B |
| Current Liabilities | 2.57 B |
| Accounts Payable | 694 M |
| Short-Term Debt | 1.32 B |
| Other Current Liabilities | 552 M |
| Non-Current Liabilities | 5.09 B |
| Long-Term Debt | 3.24 B |
| Other Non-Current Liabilities | 1.85 B |
EFFICIENCY
Earnings Waterfall
TransAlta Corporation
| Revenue | 2.84 B |
| Cost Of Revenue | 1.05 B |
| Gross Profit | 1.79 B |
| Operating Expenses | 1.21 B |
| Operating Income | 585 M |
| Other Expenses | 346 M |
| Net Income | 239 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TransAlta Corporation
| Net Income | 239 M |
| Depreciation & Amortization | 531 M |
| Capital Expenditures | -321 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 38 M |
| Others | 151 M |
| Free Cash Flow | 475 M |
Wall Street Analysts Price Targets
TransAlta Corporation
TAC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.49%
DIVIDEND YIELD
0.0461 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
TransAlta Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
TransAlta Corporation Enters into Automatic Share Purchase Plan
CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan (“ASPP”) with its broker in order to facilitate repurchases of TransAlta's common shares (“Common Shares”) under the Company's previously announced normal course issuer bid (“NCIB”).
globenewswire.com
- 3 weeks ago
TransAlta's Growth Story Has Holes And I'm Not Buying It
TransAlta Corporation faces a challenging year with a 20% stock decline, weak grades, and Alberta's collapsing power prices impacting revenue stability. Despite market headwinds, TransAlta's efficiency, strategic acquisitions, and expansion in renewable energy projects bolster its long-term growth potential. The company maintains strong free cash flow and liquidity, with significant investments in data centers and renewable energy projects supporting future growth.
seekingalpha.com
- 1 month ago
TransAlta Corporation (TAC) Q4 2024 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Stephanie Paris - Vice President of Investor Relations and Corporate Strategy John Kousinioris - President and Chief Executive Officer Joel Hunter - Executive Vice President, Finance and Chief Financial Officer Blain van Melle - Executive Vice President, Commercial and Customer Relations Conference Call Participants Robert Hope - Scotiabank Mark Jarvi - CIBC Maurice Choy - RBC Capital Markets Patrick Kenny - National Bank John Mould - TD Cowen Benjamin Pham - BMO Operator Good morning. My name is Tawanda, and I will be your conference operator today.
seekingalpha.com
- 1 month ago
TransAlta Reports Strong 2024 Results, Announces Dividend Increase and 2025 Annual Guidance
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2024.
globenewswire.com
- 1 month ago
Is the Options Market Predicting a Spike in TransAlta (TAC) Stock?
Investors need to pay close attention to TransAlta (TAC) stock based on the movements in the options market lately.
zacks.com
- 2 months ago
TransAlta to Host Fourth Quarter and Full Year 2024 Results Conference Call
CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta”) (TSX:TA)(NYSE:TAC) will release its fourth quarter and full year 2024 results before markets open on Thursday, February 20, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET).
globenewswire.com
- 3 months ago
TransAlta Declares Dividends
CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to shareholders of record at the close of business on March 1, 2025.
globenewswire.com
- 4 months ago
TransAlta Closes Acquisition of Heartland Generation
CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA; NYSE: TAC) ("TransAlta" or "Company") announced today that it has completed its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. (collectively, "Heartland") from Energy Capital Partners ("ECP"). The acquisition, which includes Heartland's entire business operations in Alberta and British Columbia, was completed for an aggregate purchase price of $542 million, reduced by approximately $95 million to reflect the economic benefit of the Heartland business arising since October 31, 2023, resulting in a net cash payment of $215 million before working capital adjustments.
globenewswire.com
- 4 months ago
TransAlta to Acquire Heartland Generation from Energy Capital Partners at a Reduced Price of $542 Million
CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Highlights TransAlta and ECP have agreed to an $80 million purchase price reduction to reflect two required asset divestitures representing 97 MW (net ownership) Transaction revalued at approximately $542 million, inclusive of the assumption of $232 million of low-cost debt, and subject to a further favourable economic adjustment of approximately $80 million, reflecting the economic benefit of the Heartland business arising since the effective date of the transaction of October 31, 2023, prior to working capital adjustments Heartland portfolio valued at a net price of approximately $270 per kilowatt, with an expected EBITDA multiple1 of approximately 5.4 times Highly accretive to free cash flow, with an attractive cash yield upon closing underpinned by approximately 60% of revenues contracted with a weighted-average remaining life of 15 years Corporate pre-tax synergies of approximately $20 million per annum Transaction to add 1,747 MW (net interest) of complementary capacity, including contracted cogeneration and peaking generation, legacy gas-fired thermal generation, transmission capacity, and potential hydrogen development opportunities, all of which will be critical to support reliability in the Alberta electricity market Enhances and further diversifies TransAlta's competitive portfolio in the highly dynamic and shifting electricity landscape in Alberta TransAlta Corporation (TSX: TA; NYSE: TAC) ("TransAlta" or "Company") announced today that it has entered into an amending agreement to the share purchase agreement (the "Amending Agreement") with an affiliate of Energy Capital Partners ("ECP"), the parent of Heartland Generation Ltd. and Alberta Power (2000) Ltd.
globenewswire.com
- 5 months ago
Taboola Reports Strong Q3 2024, Beating Revenues, ex-TAC and Adj. EBITDA; Reiterating 2024 Revenues, ex-TAC, & Adj.
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced its results for the quarter ended September 30, 2024.
globenewswire.com
- 5 months ago
TransAlta Corporation (TAC) Q3 2024 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Joel Hunter - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC Benjamin Pham - BMO Maurice Choy - RBC Capital Markets Patrick Kenny - NBF John Mould - TD Securities Operator Good morning. My name is Sherry, and I will be your conference operator today.
seekingalpha.com
- 5 months ago
TransAlta Reports Strong Third Quarter 2024 Results
CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the three and nine months ended Sept. 30, 2024, demonstrating another quarter of strong financial performance.
globenewswire.com
- 5 months ago
8. Profile
Summary
TransAlta Corporation TAC
COUNTRY
CA
INDUSTRY
Independent Power Producers
MARKET CAP
$ 2.48 B
Dividend Yield
0.49%
Description
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.
Contact
110-12th Avenue SW, Calgary, AB, T2P 2M1
https://www.transalta.com
IPO
Date
July 31, 2001
Employees
1165
Officers
Ms. Chiara Valentini
Vice President of Strategic Finance & Investor Relations
Mr. Joel E. Hunter
Executive Vice President of Finance & Chief Financial Officer
Mr. Blain M. van Melle
Executive Vice President of Commercial & Customer Relations
Mr. Gary Woods
Managing Director of Gas & Renewables
Mr. John Harry Kousinioris
President, Chief Executive Officer & Director
Ms. Nancy L. Brennan
Executive Vice President of Legal & External Affairs
Ms. Kerry O'Reilly Wilks
Executive Vice President of Growth & Energy Marketing
Mr. Christopher D. Fralick
Executive Vice President of Generation
Ms. Jane Nyla Fedoretz
Executive Vice President of People & Culture and Chief Administrative Officer
Mr. David C. Little
Senior Vice President of Growth