TransAlta Corporation (TAC)

NYSE: TAC · Real-Time Price · USD
10.28
-0.07 (-0.68%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.68%
Market Cap 3.06B
Revenue (ttm) 2.07B
Net Income (ttm) 116.95M
Shares Out 298.40M
EPS (ttm) 0.38
PE Ratio 26.18
Forward PE 23.96
Dividend $0.17 (1.69%)
Ex-Dividend Date Nov 29, 2024
Volume 379,395
Open 10.31
Previous Close 10.35
Day's Range 10.22 - 10.33
52-Week Range 5.94 - 11.11
Beta 0.92
Analysts n/a
Price Target n/a
Earnings Date Nov 5, 2024

About TAC

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, On... [Read more]

Sector Utilities
Founded 1909
Employees 1,257
Stock Exchange NYSE
Ticker Symbol TAC
Full Company Profile

Financial Performance

In 2023, TransAlta's revenue was 3.36 billion, an increase of 12.74% compared to the previous year's 2.98 billion. Earnings were 644.00 million, an increase of 16000.00%.

Financial numbers in CAD Financial Statements

News

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 (n...

7 days ago - GlobeNewsWire

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 Kous...

15 days ago - Seeking Alpha

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 ...

16 days ago - GlobeNewsWire

TransAlta Declares Dividends

CALGARY, Alberta, Oct. 23, 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 January 1, ...

4 weeks ago - GlobeNewsWire

Media Advisory: TransAlta Third Quarter 2024 Results and Conference Call

CALGARY, Alberta, Oct. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta”) (TSX: TA) (NYSE: TAC) will release its third quarter 2024 results before markets open on Tuesday, November 5, 20...

6 weeks ago - GlobeNewsWire

TransAlta Announces Conversion Results for Series G and Series H Preferred Shares

CALGARY, Alberta, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Further to TransAlta Corporation's (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) press release dated August 22, 2024, the Company announced t...

2 months ago - GlobeNewsWire

TransAlta: Alberta Power Prices Force Pivot To Preferreds

TransAlta Corporation's Q2 2024 results showcased strong performance due to effective hedging, despite a significant year-over-year drop in Alberta power prices. The company has a big hedge position f...

2 months ago - Seeking Alpha

TransAlta Announces Dividend Rates on Series G Preferred Shares and Series H Preferred Shares

CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Further to the news release of TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) dated August 22, 2024, the Company announc...

2 months ago - GlobeNewsWire

TransAlta Provides Notice of Series G Preferred Shares Conversion Right

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that it does not intend to exercise its right to redeem al...

3 months ago - GlobeNewsWire

TransAlta Common Shares: Buy Reiterated, Target Price Increased; Series G Preferreds Are Interesting, Too

TransAlta Corporation's shares have increased by 18.6% since May 31, with a strong investment case expected to continue. Recent power supply issues in Alberta may lead to more incentives for power gen...

3 months ago - Seeking Alpha

TransAlta Corporation (TAC) Q2 2024 Earnings Call Transcript

TransAlta Corporation (NYSE:TAC) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Chiara Valentini - VP, Strategic Finance & Investor Relations John Kousinioris - Pres...

3 months ago - Seeking Alpha

TransAlta Reports Second Quarter 2024 Results

CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the three and six months ended J...

4 months ago - GlobeNewsWire

Media Advisory: TransAlta Second Quarter 2024 Results and Conference Call

CALGARY, Alberta, July 04, 2024 (GLOBE NEWSWIRE) -- TransAlta will release its second quarter 2024 results before markets open on Thursday, August 1, 2024. A conference call and webcast to discuss the...

4 months ago - GlobeNewsWire

TransAlta Corporation Enters into Automatic Share Purchase Plan

CALGARY, Alberta, June 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan...

5 months ago - GlobeNewsWire

Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO

Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest...

Other symbols: ENBFTSPPLTRP
6 months ago - Seeking Alpha

TransAlta: Preferreds Offer Lucrative Yields, Common Shares Show Promise

TransAlta Corporation is an attractive investment option for investors seeking value and predictable cash flows in the current market environment. The company's strong dividend history, shares buyback...

6 months ago - Seeking Alpha

TransAlta Renews Normal Course Issuer Bid

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the n...

6 months ago - GlobeNewsWire

TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW

CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project ("Horizon Hill")...

6 months ago - GlobeNewsWire

TransAlta: Compelling Value At 18% Free Cash Flow Yield

TransAlta has been a disappointing investment, underperforming other sectors. Q1-2024 showed solid financial performance, with adjusted EBITDA beating consensus estimates. TAC's hedging strategy has a...

6 months ago - Seeking Alpha

TransAlta Corporation (TAC) Q1 2024 Earnings Call Transcript

TransAlta Corporation (NYSE:TAC) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinior...

7 months ago - Seeking Alpha

TransAlta Reports First Quarter 2024 Results

CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31,...

7 months ago - GlobeNewsWire

TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 202...

7 months ago - GlobeNewsWire

TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the combined 300 MW White Rock East and White Rock ...

7 months ago - GlobeNewsWire

TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System

CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memora...

7 months ago - GlobeNewsWire

TransAlta Announces Retirement of CFO and Appointment of New CFO

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today the retirement of Todd Stack, Executive Vice-President, ...

8 months ago - GlobeNewsWire