|Bid||0.00 x 1800|
|Ask||0.00 x 900|
|Day's Range||9.94 - 10.15|
|52 Week Range||9.44 - 12.13|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 01, 2022 - Mar 07, 2022|
|Forward Dividend & Yield||0.16 (1.37%)|
|Ex-Dividend Date||Aug 31, 2022|
|1y Target Est||12.59|
Investors need to pay close attention to TransAlta (TAC) stock based on the movements in the options market lately.
Canadian government-owned pipeline operator Trans Mountain Corp named Dawn Farrell, former top boss of electricity firm TransAlta Corp, as its chief executive officer and president on Wednesday. Farrell will take over from interim president Rob Van Walleghem on Aug. 15, and inherits a company struggling with ballooning costs and lengthy delays as it builds the Trans Mountain expansion (TMX) project. TMX will nearly triple the capacity of the existing Trans Mountain pipeline that carries 300,000 barrels per day of crude from Alberta's oil sands to Canada's Pacific Coast, but has faced opposition from environmental groups and some First Nations.
TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported its financial results for the three and six months ended June 30, 2022.