Capital Power Corporation (TSX: CPX)

Canada flag Canada · Delayed Price · Currency is CAD
35.70
+0.28 (0.79%)
Apr 30, 2024, 12:01 PM EDT
-21.26%
Market Cap 4.51B
Revenue (ttm) 4.13B
Net Income (ttm) 744.00M
Shares Out 129.14M
EPS (ttm) 6.05
PE Ratio 5.86
Forward PE 11.55
Dividend 2.43 (6.79%)
Ex-Dividend Date Mar 27, 2024
Volume 129,091
Open 35.50
Previous Close 35.42
Day's Range 35.33 - 35.70
52-Week Range 35.11 - 46.73
Beta 0.57
Analysts n/a
Price Target 43.36 (+21.46%)
Earnings Date May 1, 2024

About Capital Power

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company engages in the development of projects, which i... [Read more]

Sector Utilities
Founded 1891
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol CPX
Full Company Profile

Financial Performance

In 2023, Capital Power's revenue was 4.00 billion, an increase of 43.02% compared to the previous year's 2.80 billion. Earnings were 744.00 million, an increase of 439.13%.

Financial Statements

News

Capital Power to release first quarter 2024 results on May 1 and host 2024 Investor Day webcast on May 8

EDMONTON, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its first quarter results before the markets open on May 1, 2024. A conference call and webcast ...

4 weeks ago - GlobeNewsWire

Capital Power signs large-scale virtual power purchase agreement with Saputo Inc.

EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP). The long-term commitment,...

4 weeks ago - GlobeNewsWire

Capital Power announces fourth quarter and year-end 2023 results

EDMONTON, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter and year ended December 31, 2023. Financial highlights In the...

2 months ago - GlobeNewsWire

Capital Power declares dividends for its Common and Preference shares

EDMONTON, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.615 per share on the outstanding common...

2 months ago - GlobeNewsWire

Capital Power completes acquisition of the 1,092-MW Harquahala natural gas generation facility in Arizona

EDMONTON, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the acquisition by a 50/50 part...

2 months ago - GlobeNewsWire

Capital Power Corp Investor Day Transcript

Capital Power Corp Investor Day Transcript

2 months ago - GuruFocus

Capital Power Corp at JPMorgan Energy, Power & Renewables Conference Transcript

Capital Power Corp at JPMorgan Energy, Power & Renewables Conference Transcript

2 months ago - GuruFocus

Capital Power Corp Annual Shareholders Meeting Transcript

Capital Power Corp Annual Shareholders Meeting Transcript

2 months ago - GuruFocus

Capital Power completes acquisition of the La Paloma facility, anticipates closing the Harquahala facility acquisition mid-February and exchanges subscription receipts into common shares

NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or ...

2 months ago - GlobeNewsWire

Capital Power to release fourth quarter 2023 results and 2023 Integrated Annual Report on February 28

EDMONTON, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its fourth quarter and year-end 2023 results and 2023 Integrated Annual Report (IAR) before the m...

3 months ago - GlobeNewsWire

Capital Power, OPG to assess feasibility of small modular nuclear reactors in Alberta

Edmonton's Capital Power Corp. and Ontario Power Generation are joining together to assess the feasibility of developing small modular nuclear reactors to help power Alberta's electricity grid.

3 months ago - CBC News

Capital Power hosts 2024 guidance webcast on January 16

EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will host a webcast to share its 2024 guidance, including its corporate priorities, targets and assumptions fo...

3 months ago - GlobeNewsWire

Capital Power and Ontario Power Generation partner to advance new nuclear in Alberta

Agreement to assess feasibility of small modular reactors for Alberta grid Agreement to assess feasibility of small modular reactors for Alberta grid

3 months ago - GlobeNewsWire

MEDIA ADVISORY - Capital Power and Ontario Power Generation (OPG) Joint Announcement

EDMONTON, Alberta, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Media are invited to join Capital Power and Ontario Power Generation (OPG) for an important announcement on meeting Alberta's future clean energy d...

3 months ago - GlobeNewsWire

Capital Power completes acquisition of 50.15% interest in the Frederickson 1 Generating Station

EDMONTON, Alberta, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) successfully completed the acquisition of a 50.15% interest in the Frederickson 1 Generating...

4 months ago - GlobeNewsWire

Capital Power announces conversion results for its Preferred Shares (Series 3)

EDMONTON, Alberta, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that after having taken into account all Election Notices f...

4 months ago - GlobeNewsWire

Capital Power: 6.2% Yielder Reaches Attractive Entry Point

Capital Power Corporation, a Canadian power producer, offers investment potential with high cash flow yields and strong hedges, promising annual returns of...

5 months ago - Seeking Alpha

Capital Power provides notice of Preferred Shares (Series 3) conversion privilege and dividend rate notice

EDMONTON, Alberta, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has notified registered shareholders of its Cumulat...

5 months ago - GlobeNewsWire

Capital Power offers C$850M medium term notes

Capital Power (TSX:CPX:CA) has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$850 million.The...

5 months ago - Seeking Alpha

Capital Power CEO sees no new Canadian gas-fired plants as regulations bite

Capital Power (CPXWF) CEO expresses concerns over Canada's proposed clean electricity regulations, saying they make investments in new gas-fired power plants unviable.

5 months ago - Seeking Alpha

Capital Power announces C$850 million medium term notes offering

Capital Power announces C$850 million medium term notes window.enableInlineImageZoom = false; var fsEnableInlineImageZoom = 'True'; if (fsEnableInlineImageZoom && fsEnableInlineImageZoom.trim().toLowe...

5 months ago - GlobeNewsWire

Exclusive: Capital Power CEO says not planning new gas-fired plants due to Trudeau's regulations

Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity regulations to fight climate change make new inves...

5 months ago - Reuters