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TransAlta Corporation

TransAlta Corporation (TAC)

9.30
-0.13
(-1.38%)
At close: September 18 4:00PM
9.30
0.00
( 0.00% )
After Hours: 4:10PM

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Key stats and details

Current Price
9.30
Bid
-
Ask
-
Volume
607,037
9.285 Day's Range 9.545
5.94 52 Week Range 9.45
Market Cap
Previous Close
9.43
Open
9.38
Last Trade
27930
@
9.3
Last Trade Time
16:10:00
Financial Volume
$ 5,699,419
VWAP
9.3889
Average Volume (3m)
691,071
Shares Outstanding
298,500,000
Dividend Yield
3.51%
PE Ratio
5.87
Earnings Per Share (EPS)
2.16
Revenue
3.36B
Net Profit
644M

About TransAlta Corporation

TransAlta is an independent power producer based in Alberta, Canada. The company owns more than 70 power plants in Canada, the Western United States, and Australia. TransAlta's net generating capacity is approximately two thirds coal or natural gas-fired. The remaining one third consists primarily o... TransAlta is an independent power producer based in Alberta, Canada. The company owns more than 70 power plants in Canada, the Western United States, and Australia. TransAlta's net generating capacity is approximately two thirds coal or natural gas-fired. The remaining one third consists primarily of hydroelectric plants and wind energy farms. We expect this mix to shift to more renewable energy as the company retires Alberta coal plants to comply with carbon emissions legislation. TransAlta also has an energy trading and marketing business and owns natural gas transmission lines. Show more

Sector
Electric Services
Industry
Electric, Gas, Sanitary Serv
Headquarters
Calgary, Alberta, Can
Founded
1992
TransAlta Corporation is listed in the Electric Services sector of the New York Stock Exchange with ticker TAC. The last closing price for TransAlta was $9.43. Over the last year, TransAlta shares have traded in a share price range of $ 5.94 to $ 9.45.

TransAlta currently has 298,500,000 shares outstanding. The market capitalization of TransAlta is $2.81 billion. TransAlta has a price to earnings ratio (PE ratio) of 5.87.

TAC Latest News

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...

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...

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...

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...

TransAlta Declares Dividends

CALGARY, Alberta, July 29, 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...

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...

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...

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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.181.973684210539.129.4595117199.20956368CS
40.8710.32028469758.439.458.45710328.94138919CS
122.3533.81294964036.959.456.786910717.98632917CS
262.9646.68769716096.349.455.947831097.26210262CS
52-0.02-0.2145922746789.329.455.946755167.4432994CS
156-0.66-6.62650602419.9612.135.944347538.58526508CS
2602.8544.18604651166.4512.133.633708078.18239802CS

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TAC Discussion

View Posts
Koine Koine 4 years ago
This is a strategic decision which is a big win to shareholders
👍️0
eFinanceMarkets eFinanceMarkets 7 years ago
TransAlta eyes $1.5B in savings by converting coal-fired plants to gas early

TransAlta (NYSE:TAC) says its decision to shut down its coal-fired power plants early and convert them to burn natural gas will save the company $1.5B, based on a projected $50/metric ton carbon tax in 2022.

While “it may be an intuitive conclusion that running the [coal plants] for the longest period of time that you can is the most valuable... our analysis showed that accelerating the conversions was actually the right thing to do," says TAC President and CEO Dawn Farrell, as the "converted plants will run for up to 15 years with roughly half the annual capital spend."

In addition to explaining the rationale behind last month's move announcement that it planned to retire and convert its coal-power generating stations, TAC reported Q1 results that missed analyst estimates, due in part to unplanned outages in the company’s Canadian coal operations.
👍️0
Sasquatch81 Sasquatch81 8 years ago
Nice to see this making a significant move.
👍️0
Timothy Smith Timothy Smith 9 years ago
TransAlta (NYSE:TAC): Q4 EPS of C$0.01 misses by C$0.12.

Revenue of C$595M (-17.1% Y/Y) misses by C$105.5M.
👍️0
Timothy Smith Timothy Smith 9 years ago
TransAlta (TAC +12.2%) soars following the Alberta government's announced plan to phase out of coal generation and accelerate wind and solar power construction, which would give the renewable energy producer an edge over competitors.
👍️0
Timothy Smith Timothy Smith 9 years ago
TransAlta (NYSE:TAC): Q3 EPS of -$0.12 misses by $0.16.

Revenue of $641M (+0.3% Y/Y) misses by $14.25M.
👍️0
Timothy Smith Timothy Smith 9 years ago
TransAlta (NYSE:TAC) agrees to acquire Suncor Energy’s (NYSE:SU) interest in two wind farms in Canada, as part of a complicated deal to restructure the companies' power generating arrangement in Alberta’s oil sands.
👍️0
Gixene Gixene 10 years ago
TransAlta: 4 Different Insiders Have Purchased Shares During The Last 30 Days

Link: http://seekingalpha.com/article/2071363-transalta-4-different-insiders-have-purchased-shares-during-the-last-30-days
👍️0
Gixene Gixene 11 years ago
New board.
👍️0

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