TransAlta Corporation (TAC)
| Market Cap | 2.01B |
| Revenue (ttm) | 2.52B |
| Net Income (ttm) | 484.21M |
| Shares Out | 307.52M |
| EPS (ttm) | 1.70 |
| PE Ratio | 3.88 |
| Forward PE | 14.95 |
| Dividend | $0.18 (2.71%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 777,275 |
| Open | 6.50 |
| Previous Close | 6.49 |
| Day's Range | 6.46 - 6.63 |
| 52-Week Range | 5.94 - 10.40 |
| Beta | 0.89 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 3, 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]
Full Company ProfileFinancial 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 StatementsNews
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...
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, ...
Media Advisory: TransAlta Annual Meeting of Shareholders and First Quarter 2024 Results and Conference Call
CALGARY, AB , March 28, 2024 /PRNewswire/ - 2024 Annual Meeting of TransAlta Corporation Shareholders On Thursday, April 25, 2024, TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will hold...
TransAlta Corporation Enters into Automatic Share Purchase Plan
CALGARY, AB , March 22, 2024 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan ("ASPP"...
TransAlta Reports Full Year and Fourth Quarter 2023 Results and Announces Enhanced Share Repurchase Program
CALGARY, AB , Feb. 23, 2024 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31...
TransAlta Declares Dividends
CALGARY, AB , Dec. 11, 2023 /PRNewswire/ - The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First...
TransAlta and BHP Announce Commercial Operation of Innovative Hybrid Renewables Facility to Power Remote Mining Operations in Western Australia
CALGARY, AB , Nov. 22, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) and BHP Group Limited ("BHP") (NYSE: BHP) (ASX: BHP) announced today that the 48 M...
TransAlta Announces Growth Targets to 2028, Financial Outlook for 2024 and Declares Dividend Increase of 9%
CALGARY, AB , Nov. 21, 2023 /PRNewswire/ - Highlights Expanded growth targets to deliver up to 1.75 GW with a target investment of $3.5 billion by 2028 which will deliver annual EBITDA of $350 millio...
TransAlta Reports Third Quarter 2023 Results
CALGARY, AB , Nov. 7, 2023 /PRNewswire/ - Third Quarter 2023 Financial Highlights Earnings before income taxes of $453 million, an improvement of $327 million from the same period in 2022 Net earnings...
TransAlta to Acquire Heartland Generation from Energy Capital Partners for $658 million - Expands Capabilities to Meet Demands of Energy Transition
CALGARY, AB , Nov. 2, 2023 /PRNewswire/ - Highlights Highly accretive to free cash flow and cash yield upon closing with approximately 55% of revenues contracted with a weighted-average remaining life...
TransAlta to Host 2023 Investor Day
CALGARY, AB , Oct. 19, 2023 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta") is pleased to announce that it will hold an Investor Day in Toronto on Tuesday, November 21, 2023. ...
Media Advisory: TransAlta Third Quarter 2023 Results and Conference Call
CALGARY, AB , Oct. 11, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its third quarter 2023 results before markets open on Tuesday, November 7, 2023. A con...
TransAlta Corporation Announces Closing of the Acquisition of TransAlta Renewables Inc. and Final Pro Ration
CALGARY, AB , Oct. 5, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) and TransAlta Renewables Inc. ("RNW") (TSX: RNW) are pleased to announce the comple...
TransAlta tops list of Newsweek's World's Most Trustworthy Companies for 2023
CALGARY, AB , Sept. 14, 2023 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) (the "Company" or "TransAlta") announced today that it has ranked first on Newsweek's inaugural "World's Most Tr...
TransAlta Reports Second Quarter 2023 Results and Raises 2023 Financial Guidance
CALGARY, AB , Aug. 4, 2023 /PRNewswire/ - Second Quarter 2023 Financial Highlights Adjusted EBITDA(1) of $387 million, an increase of 39 per cent over the same period in 2022 Free Cash Flow ("FCF")(1)...
TransAlta to buy TransAlta Renewables for $1 bln
Electric utility TransAlta Corp will buy shares of TransAlta Renewables Inc it does not already own for C$1.38 billion ($1.04 billion) in a cash-and-stock deal, the company said on Tuesday.
TransAlta Corporation to Acquire TransAlta Renewables Inc. to Simplify Structure and Enhance Strategic Position
Business combination creates a unified, large-scale clean electricity leader to serve customers with clean and reliable electricity Creates a single, publicly-traded entity with one strategy and a sim...
TransAlta Renews Normal Course Issuer Bid
CALGARY, AB , May 26, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange ("TSX") has accepted the notice fil...
TransAlta Reports First Quarter 2023 Results and Raises 2023 Financial Guidance
CALGARY, AB , May 5, 2023 /PRNewswire/ - First Quarter 2023 Financial Highlights Adjusted EBITDA(1),(2) of $503 million, an increase of 94% over the same period in 2022 Free Cash Flow ("FCF")(1) of $2...
TransAlta Corporation Announces Results of the Annual and Special Meeting of Shareholders and Election of all Directors
CALGARY, AB , April 28, 2023 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders ("the Meeting") on April 28, ...
TransAlta Reports Fourth Quarter and Full Year 2022 Results and Commits to Net-Zero by 2045
Fourth Quarter 2022 Financial Highlights Adjusted EBITDA(1),(2) of $541 million, an increase of 123% over the same period in 2021 Free Cash Flow ("FCF")(1) of $315 million, or $1.17 per share, an incr...
TransAlta Announces Acquisition of 50% Interest in Early-Stage Pumped Hydro Energy Storage Development Project
CALGARY, AB , Feb. 16, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into a definitive agreement to acquire a 50% i...
Media Advisory: TransAlta and TransAlta Renewables Fourth Quarter and Full Year 2022 Results and Conference Call
CALGARY, AB , Jan. 23, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its fourth quarter and full year 2022 results before markets open on Thursday, Februar...
TransAlta ($TAC) and Lafarge to Produce Low-Carbon Concrete with Fly Ash Repurposing Project
TransAlta Corporation (NYSE: TAC) and Lafarge Canada have partnered on a project to repurpose landfilled fly ash, a waste product from TransAlta's Canadian coal-fired electricity operations, in the pr...
Lafarge Canada and TransAlta announce agreement to advance low-carbon concrete with fly ash repurposing project in Alberta
EDMONTON, Alberta--(BUSINESS WIRE)--Lafarge Canada (“Lafarge”) and TransAlta Corporation (“TransAlta”) (TSX: TA) (NYSE: TAC) have entered into an agreement that will advance low-carbon concrete proj...