TAC: TransAlta Corp.
About
TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. It operates through the following business segments: Hydro, Wind and Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Hydro, Wind and Solar, Gas and Energy Transition business segments are responsible for operating and maintaining the company's electrical generation facilities in Canada, Australia, and the US. The Energy Marketing segment is responsible for marketing and scheduling the company's merchant asset fleet outside of Alberta along with procurement of gas, transport and storage to the company's gas fleet, providing intellectual knowledge to support the company's growth team, and generating a stand-alone gross margin separate from the company's asset business through a North American energy marketing platform. The company was founded by William Maxwell Aitken in 1909 and is headquartered in Calgary, Canada.
Current Value
$10.311 Year Return
Current Value
$10.311 Year Return
Key Details
Market Cap
$3.09B
P/E Ratio
27.23
1Y Stock Return
31.01%
1Y Revenue Growth
-22.74%
Dividend Yield
1.95%
Price to Book
4.8
Strategies that include TAC
Stock's related to TAC
ETF's related to TAC
News
SeekingAlpha
For Q3, the fund's Retail Class shares gained 4.21%, lagging the 5.54% advance of the Composite index, a 50/50 blend of the S&P 500 index and the Bloomberg U.S. Aggregate Bond Index.
Yahoo
TransAlta(TSX:TA) is strategically enhancing its market position through innovation and growth, focusing on repurposing therapeutic assets and leveraging technological advancements, particularly in data centers. Despite challenges such as declining profit margins and a high net debt to equity ratio, the company is poised for potential growth, trading significantly below its estimated fair value. This report delves into TransAlta's unique capabilities, financial challenges, growth strategies,...
Yahoo
TransAlta (TAC) announced that it has entered into an amending agreement to the share purchase agreement with an affiliate of Energy Capital Partners, ECP, the parent of Heartland Generation Ltd. and Alberta Power, relating to the previously announced acquisition of Heartland and its business operations by TransAlta. In order to meet the requirements of the federal Competition Bureau, TransAlta has also entered into a consent agreement with the Commissioner of Competition pursuant to which Trans
Yahoo
Update On TransAlta: Down 1% In US Premarket Although Reaches Agreement With Competition Bureau On Buying Heartland Generation at a "Reduced Price"
Yahoo
TransAlta to Acquire Heartland Generation at Reduced Price of $542 Million
Yahoo
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 d
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