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TransAlta Corporation

TransAlta Corporation (TAC)

13.22
-0.04
(-0.30%)
Closed January 12 4:00PM
13.22
0.00
(0.00%)
After Hours: 5:30PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
13.22
Bid
-
Ask
-
Volume
1,473,691
12.79 Day's Range 13.27
5.94 52 Week Range 14.64
Market Cap
Previous Close
13.26
Open
13.01
Last Trade
80618
@
13.22
Last Trade Time
Financial Volume
$ 19,160,811
VWAP
13.0019
Average Volume (3m)
1,114,676
Shares Outstanding
298,500,000
Dividend Yield
2.62%
PE Ratio
8.86
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 $13.26. Over the last year, TransAlta shares have traded in a share price range of $ 5.94 to $ 14.64.

TransAlta currently has 298,500,000 shares outstanding. The market capitalization of TransAlta is $3.96 billion. TransAlta has a price to earnings ratio (PE ratio) of 8.86.

TransAlta (TAC) Options Flow Summary

Overall Flow

Bullish

Net Premium

119k

Calls / Puts

100.00%

Buys / Sells

0.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

TAC Latest News

TransAlta Declares Dividends

CALGARY, Alberta, Dec. 09, 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 April...

TransAlta Closes Acquisition of Heartland Generation

CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA; NYSE: TAC) ("TransAlta" or "Company") announced today that it has completed its acquisition of Heartland...

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...

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...

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...

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...

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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.83-5.9074733096114.0514.612.78214842213.74007493CS
4-0.1-0.75075075075113.3214.6412.78144161313.92124232CS
122.7326.0247855110.4914.649.95111467612.31527871CS
266.3492.15116279076.8814.646.7892097910.6852919CS
525.3267.34177215197.914.645.948383638.98714431CS
1562.3521.619135234610.8714.645.945232239.1731954CS
2606.4795.85185185196.7514.643.634247118.77533082CS

TAC - Frequently Asked Questions (FAQ)

What is the current TransAlta share price?
The current share price of TransAlta is $ 13.22
How many TransAlta shares are in issue?
TransAlta has 298,500,000 shares in issue
What is the market cap of TransAlta?
The market capitalisation of TransAlta is USD 3.96B
What is the 1 year trading range for TransAlta share price?
TransAlta has traded in the range of $ 5.94 to $ 14.64 during the past year
What is the PE ratio of TransAlta?
The price to earnings ratio of TransAlta is 8.86
What is the cash to sales ratio of TransAlta?
The cash to sales ratio of TransAlta is 1.7
What is the reporting currency for TransAlta?
TransAlta reports financial results in CAD
What is the latest annual turnover for TransAlta?
The latest annual turnover of TransAlta is CAD 3.36B
What is the latest annual profit for TransAlta?
The latest annual profit of TransAlta is CAD 644M
What is the registered address of TransAlta?
The registered address for TransAlta is P.O.BOX 1900, STATION M, 110-12TH AVENUE SOUTH WEST, CALGARY, ALBERTA, T2P 2M1
What is the TransAlta website address?
The website address for TransAlta is www.transalta.com
Which industry sector does TransAlta operate in?
TransAlta operates in the ELECTRIC, GAS, SANITARY SERV sector

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TAC Discussion

View Posts
Koine Koine 5 years ago
This is a strategic decision which is a big win to shareholders
👍️0
eFinanceMarkets eFinanceMarkets 8 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 10 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 11 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