TAC - TransAlta Corporation

NYSE - NYSE Delayed Price. Currency in USD
6.54
+0.05 (+0.77%)
At close: 4:02PM EST
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Previous Close6.49
Open6.54
Bid6.53 x 1200
Ask6.54 x 2900
Day's Range6.41 - 6.54
52 Week Range3.99 - 7.61
Volume121,676
Avg. Volume136,172
Market Cap1.84B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.71
Earnings DateN/A
Forward Dividend & Yield0.12 (1.85%)
Ex-Dividend Date2019-11-29
1y Target Est6.80
  • PR Newswire

    TransAlta Reports Solid Third Quarter 2019 Results and Revises Upward Full Year Outlook

    Financial and Operating Highlights $305 million of comparable EBITDA for the quarter. Excluding PPA Settlements (one-time additional amount of $56 million ), comparable EBITDA was $249 million and in line ...

  • Moody's

    TransAlta Corporation -- Moody's announces completion of a periodic review of ratings of TransAlta Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TransAlta Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • CNW Group

    TransAlta Advances its Clean Energy Investment Plan

    CALGARY , Oct. 30, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced today that it has entered into an agreement with Kineticor Holdings Limited Partnership #2 to indirectly acquire two 230 MW Siemens F class gas turbines and related equipment for $84 million . The transaction also results in the Company assuming long-term non-unit contingent power purchase agreements starting in late 2023 with Shell Energy North America ( Canada ) ("Shell"). TransAlta will redeploy these assets to its Sundance site as part of its strategy to repower Sundance Unit 5 to a highly efficient combined cycle unit by integrating these gas turbines into the existing steam turbine at Sundance Unit 5.

  • Here’s What Hedge Funds Think About TransAlta Corporation (TAC)
    Insider Monkey

    Here’s What Hedge Funds Think About TransAlta Corporation (TAC)

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]

  • How Much Of TransAlta Corporation (TSE:TA) Do Institutions Own?
    Simply Wall St.

    How Much Of TransAlta Corporation (TSE:TA) Do Institutions Own?

    The big shareholder groups in TransAlta Corporation (TSE:TA) have power over the company. Institutions often own...

  • CNW Group

    TransAlta Declares Dividends

    TransAlta Declares Dividends

  • PR Newswire

    Media Advisory: TransAlta Third Quarter 2019 Results and Conference Call

    CALGARY , Oct. 9, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its third quarter 2019 results before markets open on Thursday, November 7, 2019 . ...

  • TransAlta Inks Deal to Develop 40MW Cogeneration Facility
    Zacks

    TransAlta Inks Deal to Develop 40MW Cogeneration Facility

    TransAlta's (TAC) agreement with SemGroup ensures long-term EBITDA.

  • AES Corp (AES) to Develop Son My 2 Power Plant in Vietnam
    Zacks

    AES Corp (AES) to Develop Son My 2 Power Plant in Vietnam

    AES Corp (AES) signs 20-year contract agreement with the Vietnam Government.

  • PR Newswire

    TransAlta and SemCAMS Midstream Announce Agreement to Construct and Own a New Cogeneration Plant in Alberta

    CALGARY, Oct. 1, 2019 /PRNewswire/ - TransAlta Corporation (TransAlta) (TA.TO)(TAC) and SemCAMS Midstream ULC ("SemCAMS"), a subsidiary of SemGroup Corporation (SEMG) announce today that they have entered into definitive agreements to develop, construct and operate a new cogeneration facility at the Kaybob South No. 3 sour gas processing plant. The Kaybob facility is strategically located in the Western Canadian Sedimentary Basin and accepts natural gas production out of the Montney and Duvernay formations. TransAlta will construct the cogeneration plant which will be jointly owned, operated and maintained with SemCAMS.

  • TransAlta (TAC) Announces New Clean Energy Investment Plan
    Zacks

    TransAlta (TAC) Announces New Clean Energy Investment Plan

    TransAlta (TAC) intends to invest $2 billion to support clean energy.

  • CNW Group

    TransAlta Announces Conversion Results for Series G Preferred Shares

    TransAlta Announces Conversion Results for Series G Preferred Shares

  • CNW Group

    TransAlta Announces Transformative $2 Billion Clean Energy Investment Plan and Dividend Policy

    CALGARY , Sept. 16, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announces today its Clean Energy Investment Plan, which includes converting its existing Alberta coal assets to natural gas and advancing its leadership position in renewable energy. The total cost of the plan is expected to be approximately $2 billion which includes approximately $800 million of renewable energy projects already under construction. TransAlta's plan includes converting three of its existing Alberta thermal units to gas in 2020 and 2021 by replacing existing coal burners with natural gas burners.

  • CNW Group

    TransAlta Corporation Provides Notice of Series G Preferred Shares Conversion Right and Announces Reset Dividend Rates

    CALGARY , Aug. 30, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO)  NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any portion of the currently outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series G ("Series G Shares") (TA-PJ.TO) on September 30, 2019 (the "Conversion Date"). TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada , the United States and Australia with a focus on long-term shareholder value.

  • CNW Group

    Arbitration Concludes Favourably For TransAlta Regarding the Sundance B and C Power Purchase Arrangements Termination Payment

    NYSE: TAC) announced today that it was successful in its arbitration with the Balancing Pool for the remaining payment related to the termination of the Sundance B and C Power Purchase Arrangements ("PPA").  As a result of the arbitration decision, the Company will receive the full amount it had been seeking to recover, being equal to $58.8 million (including GST payable) from the Balancing Pool, plus interest.  This payment relates to TransAlta's historical investments in certain mining and corporate assets that the Company believed should have been included in the net book value calculation of the PPA's that had been disputed by the Balancing Pool. TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada , the United States and Australia with a focus on long-term shareholder value.

  • TransAlta Corporation (TAC) Q2 2019 Earnings Call Transcript
    Motley Fool

    TransAlta Corporation (TAC) Q2 2019 Earnings Call Transcript

    TAC earnings call for the period ending June 30, 2019.