|Bid||4.9700 x 1400|
|Ask||4.9800 x 2900|
|Day's Range||4.9200 - 5.2100|
|52 Week Range||3.6300 - 8.5000|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.13 (2.62%)|
|Ex-Dividend Date||Feb 27, 2020|
|1y Target Est||6.80|
TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: 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. The Notice provides that the Meeting will be held in a virtual-only meeting format.
TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) announced today the acquisition of a contracted cogeneration asset from two private companies for a purchase price of approximately US$27 million, subject to working capital adjustments. 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.
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 .
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.
Dawn Farrell became the CEO of TransAlta Corporation (TSE:TA) in 2012. This analysis aims first to contrast CEO...
CALGARY , Jan. 16, 2020 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced today its financial outlook and environmental, social and governance ("ESG") targets for 2020, highlighted by the addition of recently commissioned projects and productivity improvements, which are expected to drive strong comparable EBITDA and free cash flow ("FCF") performance in 2020. The Company also announced that the Board of Directors (the "Board") determined that following the retirement of Ambassador Gordon D. Giffin at the upcoming annual shareholder meeting, John P. Dielwart will be appointed Chair of the Board, pending his re-election to the Board.
CALGARY , Dec. 17, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced today that it has increased Free Cash Flow ("FCF") guidance to $350 million to $380 million from the prior range of $300 million to $340 million . This expected increase to FCF is primarily attributable to the continued strong performance of the Energy Marketing segment into the fourth quarter. The gross margin for our Energy Marketing segment is now forecasted to be at the top end of the range of $100 million to $120 million that had been disclosed by the Company in its third quarter Management's Discussion & Analysis, and is significantly above the trailing 3-year comparable gross margin average of approximately $71 million .
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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.