TA.TO - TransAlta Corporation

Toronto - Toronto Delayed Price. Currency in CAD
8.48
-0.01 (-0.12%)
At close: 4:00PM EDT
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Previous Close8.49
Open8.51
Bid8.47 x 0
Ask8.48 x 0
Day's Range8.45 - 8.58
52 Week Range5.44 - 10.14
Volume614,815
Avg. Volume836,028
Market Cap2.414B
Beta (3Y Monthly)1.74
PE Ratio (TTM)N/A
EPS (TTM)-1.32
Earnings DateAug 1, 2019 - Aug 6, 2019
Forward Dividend & Yield0.16 (1.79%)
Ex-Dividend Date2019-05-31
1y Target Est10.78
  • Markit18 days ago

    See what the IHS Markit Score report has to say about TransAlta Corp.

    TransAlta Corp NYSE:TACView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for TAC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TAC. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold TAC had net inflows of $378 million over the last one-month. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. TAC credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Thomson Reuters StreetEvents22 days ago

    Edited Transcript of TA.TO earnings conference call or presentation 14-May-19 3:00pm GMT

    Q1 2019 TransAlta Corp Earnings Call

  • PR Newswire23 days ago

    TransAlta Announces TSX Acceptance of Normal Course Issuer Bid

    CALGARY , May 27, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today announced that the Toronto Stock Exchange ("TSX") has ...

  • PR Newswirelast month

    TransAlta Announces Appointment of Chief Financial Officer

    CALGARY, May 17, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today announces the promotion of Todd Stack to Chief Financial Officer ("CFO"), effective immediately. Mr. Stack, who has served as Managing Director and Corporate Controller of the Company since February 2017, has been responsible for providing leadership and direction over TransAlta's financial activities, corporate accounting and reporting, tax, and corporate planning. "I am excited to announce Todd's well-deserved promotion to CFO," said Dawn Farrell, President and Chief Executive Officer.

  • Associated Presslast month

    TransAlta: 1Q Earnings Snapshot

    The Calgary, Alberta-based company said it had a loss of 17 cents per share. The power generation and marketing company posted revenue of $487.4 million in the period. TransAlta shares have risen 63% since ...

  • PR Newswirelast month

    TransAlta Reports First Quarter 2019 Results

    During the quarter we agreed to acquire a 49% interest in the Skookumchuck wind project adjacent to our coal mine at Centralia, further diversifying our fleet.  The project has a 20-year PPA with an investment grade counterparty, making it a good candidate for TransAlta Renewables to acquire. The acquisition is expected to close in December 2019.  Including Skookumchuck, we now have over $700 million of renewables project under development in addition to the investments in the Pioneer Pipeline and our coal to gas conversions.  An Investor Day will be held in Toronto in September to showcase current and future growth opportunities, including the coal to gas conversions.  Additionally, an analyst and institutional investor tour of our Alberta wind and hydro facilities will be held in mid-July.

  • Brookfield Renewable Partners Generates Strong Growth in Q1
    Motley Fool2 months ago

    Brookfield Renewable Partners Generates Strong Growth in Q1

    The high-yielding renewable energy company continued expanding its portfolio during the quarter.

  • CNW Group2 months ago

    TransAlta Announces Initial Closing of the Brookfield Strategic Financing

    CALGARY , May 1, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today announced the closing of the initial tranche of its previously announced $750 million strategic investment by an affiliate of Brookfield Renewable Partners ("Brookfield"). "Having achieved this important milestone, we can now start to realize the benefits of our partnership and financing with Brookfield ," said Dawn Farrell , CEO of TransAlta. As previously disclosed, Brookfield will invest $750 million in TransAlta through the purchase of exchangeable securities, which are convertible into an equity ownership interest in TransAlta's Alberta hydro assets in the future at a value based on a multiple of the hydro assets' future adjusted EBITDA.

  • PR Newswire2 months ago

    TransAlta Shareholders Elect All Directors at Annual and Special Meeting

    CALGARY, April 26, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced that shareholders elected all of management's director nominees to the TransAlta Board of Directors and approved all other resolutions at the Company's Annual and Special Meeting of Shareholders (the "Meeting") held earlier today. In total, 182,931,519 votes were cast in person or by proxy, representing 64.27% of the eligible common shares – one of the highest participation rates at a TransAlta shareholders' meeting ever. "Today's result is an important validation of TransAlta's strategy, team and progress," said Ambassador Gordon Giffin, Chair of the Board of TransAlta.

  • CNW Group2 months ago

    TransAlta Comments on Mangroves' Latest News Release

    CALGARY , April 23, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today commented on the latest news release from Mangrove Partners. "Mangrove's latest claim is without merit and is simply the latest complaint in a string of frivolous tactics. "A majority of our shareholders have already voted overwhelmingly in support of the Board at our upcoming Meeting.

  • PR Newswire2 months ago

    Mangrove Partners Commences Action Against TransAlta Seeking Relief from Oppression

    NEW YORK, April 23, 2019 /PRNewswire/ - Mangrove Partners ("Mangrove"), one of the largest shareholders of TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) with aggregate ownership of 7.1% of the Company's outstanding shares, today announced that it has commenced an action in the Ontario Superior Court of Justice against TransAlta, its Directors and Brookfield BRP Holdings (Canada) ("Brookfield" and together, the "Named Parties"). The action arises out of TransAlta's continued misrepresentation and obfuscation of critical details relating to the upcoming 2019 annual and special meeting of shareholders, and the proposed $750 million transaction (the "Brookfield Transaction" or the "Transaction") between the Company and Brookfield BRP Holdings (Canada) Inc.

  • CNW Group2 months ago

    Mangrove Partners Abandons Complaints to Securities Regulator

    CALGARY , April 17, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced today that Mangrove Partners has withdrawn its application before the Alberta Securities Commission ("ASC") for a hearing related to TransAlta's recent transaction with Brookfield . As previously released, Mangrove originally filed applications on April 8, 2019 before both the ASC and the Ontario Securities Commission ("OSC") complaining about the Brookfield transaction.  On April 15, 2019 , the OSC issued a decision declining to assert jurisdiction, which left the matter solely within the jurisdiction of the ASC.

  • PR Newswire2 months ago

    Media Advisory: TransAlta First Quarter 2019 Results and Conference Call

    CALGARY , April 17, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its first quarter 2019 results before market open on Tuesday, May 14, 2019 . A conference ...

  • PR Newswire2 months ago

    TransAlta Updates Shareholders on Hearing Process

    CALGARY, April 15, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today updated shareholders regarding the private proceedings sought to be commenced by dissident shareholder Mangrove Partners before the Ontario Securities Commission ("OSC") and Alberta Securities Commission ("ASC").