TA.TO - TransAlta Corporation

Toronto - Toronto Delayed Price. Currency in CAD
8.10
+0.02 (+0.25%)
At close: 4:00PM EDT
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Previous Close8.08
Open8.23
Bid8.08 x 0
Ask8.09 x 0
Day's Range7.86 - 8.37
52 Week Range5.32 - 11.23
Volume824,785
Avg. Volume1,299,582
Market Cap2.244B
Beta (5Y Monthly)1.66
PE Ratio (TTM)44.02
EPS (TTM)0.18
Earnings DateMay 11, 2020 - May 17, 2020
Forward Dividend & Yield0.17 (2.10%)
Ex-Dividend DateFeb. 27, 2020
1y Target Est10.31
  • Baystreet

    Stocks in play: TransAlta Corporation

    Wishes to inform all its stakeholders of the measures that have been implemented to ensure the safety ...

  • 4 Stocks to Buy as Utilities Brave Coronavirus Bloodbath
    Zacks

    4 Stocks to Buy as Utilities Brave Coronavirus Bloodbath

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  • CNW Group

    TransAlta Provides Update On COVID-19 Implemented Measures

    CALGARY, April 7, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA.TO - News) (NYSE:TAC - News) wishes to inform all its stakeholders of the measures that have been implemented to ensure the safety of its employees and to ensure that its facilities remain fully operational to meet the essential power demands of our customers. "The health and safety of our employees, contractors and communities is paramount during this challenging time prompted by the COVID-19 pandemic," said Dawn Farrell, President and Chief Executive Officer of the Company.

  • CNW Group

    TransAlta Announces Supplemental Changes to Stock Option Plan

    CALGARY, April 3, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA.TO - News) (NYSE:TAC - News) today announced that it has adopted certain changes to its Stock Option Plan. In TransAlta's management information circular dated March 9, 2020 (the "Information Circular") for its upcoming annual and special meeting of shareholders scheduled to be held on April 21, 2020 (the "Meeting"), the Company disclosed that it is seeking approval by its shareholders at the Meeting to amend its Stock Option Plan solely to increase the number of shares available for issuance pursuant to options granted under the Stock Option Plan. In the meantime, in order to align features of the Stock Option Plan with current best governance and market practices, the Company has adopted certain changes to the Stock Option Plan's amendment provisions to further limit the Board of Director's ability to make amendments without shareholder approval in the future.

  • Thomson Reuters StreetEvents

    Edited Transcript of TA.TO earnings conference call or presentation 4-Mar-20 3:00pm GMT

    Q4 2019 TransAlta Corp Earnings Call

  • CNW Group

    TransAlta Files Management Proxy Circular and Announces Shift to a Virtual-Only Annual and Special Shareholder Meeting Amid Concerns Regarding the Novel Coronavirus

    CALGARY , March 20, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today issued a notice (the "Notice") to holders of common shares ("Shareholders") and filed the Notice along with its management information circular (the "Circular") in connection with its annual and special meeting of Shareholders to be held on Tuesday, April 21, 2020 at 10:30 a.m. (Calgary Time) (the "Meeting"). A copy of the Notice and Circular can be downloaded from the Company's SEDAR profile at www.sedar.com and the Company's EDGAR profile at www.sec.gov/edgar.shtml. The Notice and Circular are also available at TransAlta's website.

  • TransAlta buying cogeneration plant in Michigan for US$27 million
    The Canadian Press

    TransAlta buying cogeneration plant in Michigan for US$27 million

    CALGARY — TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million.TransAlta chief executive Dawn Farrell says the deal marks the company's first U.S. cogeneration project.It includes a single GE LM2500 gas turbine and an ABB steam turbine.The facility, which has been operational since 1991, is contracted under a long-term power purchase agreement and steam sale agreement for approximately six years.The acquisition is subject to customary regulatory approvals and is expected to close in the second quarter of 2020.TransAlta owns electrical power generation assets in Canada, the United States and Australia.This report by The Canadian Press was first published March 17, 2020.Companies in this story (TSX:TA)The Canadian Press

  • CNW Group

    TransAlta Announces Acquisition of a Contracted Cogeneration Asset in Michigan

    The asset is a 29 MW cogeneration facility in Michigan which is contracted under a long-term power purchase agreement and steam sale agreement for approximately six years with high quality counterparties. "The acquisition marks our first U.S. cogeneration project and aligns with our strategy of growing our on-site generation business, diversifying our cogeneration portfolio, and increasing the pipeline of assets for potential future drop-downs into TransAlta Renewables," said Dawn Farrell, President and Chief Executive Officer of TransAlta.

  • CNW Group

    TransAlta and Tidewater Midstream Sign Letter of Intent to Sell the Pioneer Pipeline

    CALGARY , March 12, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced today that the Company, with its partner Tidewater Midstream & Infrastructure Ltd. ("Tidewater"), has entered into a Letter of Intent to sell the Pioneer Pipeline to NOVA Gas Transmission Ltd. ("NGTL"), a wholly-owned subsidiary of TC Energy, for a purchase price of CDN $255 million . As part of the transaction, NGTL intends to integrate the Pioneer Pipeline into its natural gas pipeline infrastructure in Alberta .

  • Canadians: This TSX Stock Is Up 15% in 2020
    The Motley Fool

    Canadians: This TSX Stock Is Up 15% in 2020

    Here's why you can bet on this renewable energy stock that is on the verge of a turnaround. The post Canadians: This TSX Stock Is Up 15% in 2020 appeared first on The Motley Fool Canada.

  • TransAlta reports $66M fourth-quarter profit compared with $122M loss a year ago
    The Canadian Press

    TransAlta reports $66M fourth-quarter profit compared with $122M loss a year ago

    CALGARY — TransAlta Corp. reported a fourth-quarter profit of $66 million compared with a loss of $122 million in the fourth quarter of 2018.The power producer says the profit amounted to 24 cents per diluted share for the three months ended Dec. 31 compared with a loss of 43 cents per diluted share in the last three months of 2018.Revenue totalled $609 million, down from $622 million in the same quarter a year earlier.Funds from operations for its most recent quarter were $189 million or 67 cents per share compared with $217 million or 76 cents per share in the same period a year earlier.For the full year, TransAlta says it earned $52 million or 18 cents per diluted share on $2.35 billion in revenue in 2019. That compared with a loss of $248 million or 86 cents per diluted share on $2.25 billion in revenue in 2018.TransAlta owns and operates electrical power generation assets in Canada, the United States and Australia.This report by The Canadian Press was first published March 4, 2020.Companies in this story: (TSX:TA) The Canadian Press

  • CNW Group

    TransAlta Reports Fourth Quarter and Full Year 2019 Results

    CALGARY , March 4, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today reported its fourth quarter and full year 2019 financial results, with comparable EBITDA(1,2) of $928 million for the full year. Funds from operations ("FFO")(1,2) decreased nine per cent to $701 million for the full year compared to $770 million in 2018.

  • CNW Group

    Media Advisory - TransAlta Fourth Quarter and Full Year 2019 Results and Conference Call

    CALGARY , Feb. 18, 2020 /CNW/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its fourth quarter and full year 2019 results before markets open on Wednesday, March 4, ...

  • TransAlta’s (TSX:TA) Stock Price Soars 25%: Should You Buy?
    The Motley Fool

    TransAlta’s (TSX:TA) Stock Price Soars 25%: Should You Buy?

    The share price of TransAlta (TSX:TA)(NYSE:TAC) is trading at a new multi-year high.

  • Is TransAlta Corporation's (TSE:TA) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is TransAlta Corporation's (TSE:TA) CEO Overpaid Relative To Its Peers?

    Dawn Farrell became the CEO of TransAlta Corporation (TSE:TA) in 2012. This analysis aims first to contrast CEO...

  • TransAlta (TSX:TA): A Cheap Stock Trading at a New Multi-Year High
    The Motley Fool

    TransAlta (TSX:TA): A Cheap Stock Trading at a New Multi-Year High

    TransAlta is on a roll. Is the rally just beginning?