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Last C$11.26 CAD
Change Today -0.49 / -4.17%
Volume 2.4M
TA On Other Exchanges
Symbol
Exchange
Frankfurt
As of 2:31 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

transalta corp (TA) Snapshot

Open
C$11.64
Previous Close
C$11.75
Day High
C$11.64
Day Low
C$11.17
52 Week High
05/22/14 - C$13.49
52 Week Low
12/15/14 - C$9.62
Market Cap
3.1B
Average Volume 10 Days
1.4M
EPS TTM
C$0.10
Shares Outstanding
277.0M
EX-Date
05/28/15
P/E TM
115.2x
Dividend
C$0.72
Dividend Yield
6.33%
Current Stock Chart for TRANSALTA CORP (TA)

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transalta corp (TA) Details

TransAlta Corporation operates as a non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company’s Generation segment owns and operates hydro, wind, and natural gas- and coal-fired facilities. Its Energy Marketing segment is involved in the wholesale trade of electricity, and other energy-related commodities and derivatives. The company has a net ownership interest of approximately 8,184 megawatts of generating capacity. It has a strategic partnership with MidAmerican Energy Holdings Company to develop, build, and operate natural gas-fired electricity generation projects in Canada. The company was founded in 1909 and is headquartered in Calgary, Canada.

2,786 Employees
Last Reported Date: 02/19/15
Founded in 1909

transalta corp (TA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$950.0K
Chief Financial Officer
Total Annual Compensation: C$339.2K
President of U. S. Operations and Executive V...
Total Annual Compensation: C$466.1K
Executive Vice President of Corporate Service...
Total Annual Compensation: C$300.0K
Chief Investment Officer
Total Annual Compensation: C$500.0K
Compensation as of Fiscal Year 2014.

transalta corp (TA) Key Developments

TransAlta Corp. Reports Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Revises Capital Expenditures Guidance for the Year 2015

TransAlta Corp. reported consolidated earnings and production results for the first quarter ended March 31, 2015. For the quarter, the company reported Comparable EBITDA for the quarter totaled CAD 275 million down from CAD 310 million in the same period last year primarily due to a decrease in comparable EBITDA earned by Energy Marketing. The decrease in Energy Marketing comparable EBITDA is attributable to reduced volatility in Eastern markets, following extraordinary conditions in the first quarter last year. Comparable FFO for the quarter decreased CAD 27 million to CAD 211 million compared to the same period in 2014, primarily due to the decrease in comparable EBITDA and a payment for the settlement of a Force Majeure event. During the quarter, comparable net earnings attributable to common shareholders was CAD 26 million or CAD 0.09 net earnings per share, down from comparable net earnings of CAD 47 million or CAD 0.17 net earnings per share during the same period last year, as lower net interest expense, lower income taxes, and higher foreign exchange gains partially offset lower comparable EBITDA. Reported net earnings attributable to common shareholders was CAD 7 million for the quarter or CAD 0.03 net earnings per share compared to net earnings of CAD 49 million or CAD 0.18 net earnings per share for the same period in 2014. The differences between comparable and reported net earnings are mainly due to changes in the fair value of de-designated and economic hedges at U.S. Coal, net of related tax expense. Total sustaining capital expenditures were CAD 70 million for the quarter. Revenue was CAD 593 million compared to CAD 775 million a year ago. Comparable funds from operations were CAD 211 million or CAD 0.76 per share compared to CAD 238 million or CAD 0.88 per share a year ago. Cash flow from operating activities were CAD 153 million compared to CAD 279 million a year ago. Comparable Free Cash Flow was CAD 110 million or CAD 0.18 per share compared to CAD 139 million or CAD 0.29 per share a year ago. The company’s total sustaining capital expenditure are in line with its expectation at CAD 70 million for the quarter. For the quarter, the company has production was 9,900 GWh against 12,067 GWh a year ago, primarily due to an earlier start to seasonal economic dispatching at U.S. Coal due to the mild Pacific Northwest winter. The company revised capital expenditures guidance for the year 2015. The company revised its target range from CAD 310 million to CAD 340 million to CAD 295 million to CAD 325 million for 2015. The company reduced its target percent in CapEx by CAD 15 million for the year.

Transalta Corp. Declares Quarterly Dividend on Common Stock and Preferred Share Payable on July 1, 2015

TransAlta Corp. declared a quarterly dividend of $0.18 per share on common shares payable on July 1, 2015 to shareholders of record at the close of business June 1, 2015. The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.2875 per share on its issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on June 30, 2015 to shareholders of record at the close of business June 1, 2015. Quarterly dividend of $0.2875 per share on TransAlta's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series C, payable on June 30, 2015 to shareholders of record at the close of business June 1, 2015. Quarterly dividend of $0.3125 per share on its issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series E, payable on June 30, 2015 to shareholders of record at the close of business June 1, 2015. Declared a quarterly dividend of $0.33125 per share on TransAlta's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series G, payable on June 30, 2015 to shareholders of record at the close of business June 1, 2015.

TransAlta Corp. Presents at 30th Annual Global Power Markets, Apr-14-2015 09:15 AM

TransAlta Corp. Presents at 30th Annual Global Power Markets, Apr-14-2015 09:15 AM. Venue: Wynn Las Vegas, 3131 Las Vegas Blvd. South, Las Vegas, NV 89109, United States. Speakers: Brett M. Gellner, Chief Investment Officer.

 

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TA Competitors

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Industry Analysis

TA

Industry Average

Valuation TA Industry Range
Price/Earnings 34.8x
Price/Sales 1.4x
Price/Book 1.4x
Price/Cash Flow 5.3x
TEV/Sales NM Not Meaningful
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