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Last $6.76 USD
Change Today -0.19 / -2.73%
Volume 123.7K
As of 8:04 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

transalta corp (TAC) Snapshot

Open
$6.93
Previous Close
$6.95
Day High
$6.97
Day Low
$6.69
52 Week High
07/29/14 - $11.80
52 Week Low
07/27/15 - $6.69
Market Cap
1.9B
Average Volume 10 Days
86.2K
EPS TTM
--
Shares Outstanding
278.7M
EX-Date
08/28/15
P/E TM
--
Dividend
$0.72
Dividend Yield
9.08%
Current Stock Chart for TRANSALTA CORP (TAC)

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transalta corp (TAC) 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 trading of electricity, and other energy-related commodities and derivatives. The company has an aggregate 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 (TAC) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: C$950.0K
Chief Financial Officer
Total Annual Compensation: C$339.2K
Executive Vice President of Enterprise Risk &...
Total Annual Compensation: C$300.0K
Chief Investment Officer
Total Annual Compensation: C$500.0K
Chief Legal & Compliance Officer
Total Annual Compensation: C$475.0K
Compensation as of Fiscal Year 2014.

transalta corp (TAC) Key Developments

TransAlta Corporation Declares Quarterly Dividend on Common and Preferred Shares, Payable on October 1, 2015 and September 30, 2015 Respectively

The Board of Directors of TransAlta Corporation declared a quarterly dividend of $0.18 per share on common shares payable on October 1, 2015 to shareholders of record at the close of business September 1, 2015. The Board of Directors of the company also declared a quarterly dividend of $0.2875 per share on the company's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on September 30, 2015 to shareholders of record at the close of business September 1, 2015. The Board of Directors of teh company also declared a quarterly dividend of $0.2875 per share on the company's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series C, payable on September 30, 2015 to shareholders of record at the close of business September 1, 2015. The Board of Directors of the company also declared a quarterly dividend of $0.3125 per share onthe company's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series E, payable on September 30, 2015 to shareholders of record at the close of business September 1, 2015. The Board of Directors of the company also 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 September 30, 2015 to shareholders of record at the close of business September 1, 2015.

Suncor Energy to Exchange Select Wind Power Facilities for TransAlta Poplar Creek Cogeneration Facilities

Suncor Energy announced that it has reached an agreement with TransAlta Corporation to exchange Suncor's Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta's Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor's Oil Sands Base site in Fort McMurray Alberta. As part of the agreement, Suncor will acquire two steam turbine generators, transmission and distribution infrastructure, including the interconnection to the Alberta power grid, and the balance of plant assets at the 376 megawatt (MW) Poplar Creek cogeneration facility. Additionally, under a contract with TransAlta until 2030, Suncor will assume operating control of two gas turbine generators and heat recovery steam generators at Poplar Creek. Following 2030, ownership of the gas turbine generators and heat recovery steam generators will transfer to Suncor. The acquisition of the Poplar Creek cogeneration facilities is consistent with Suncor's strategy of integrating related assets with its base operations to enhance reliability and efficiency.

TransAlta Corporation Receives $250,000 from Alberta Innovates - Energy &Environment Solutions to Help Launch Alberta's Commercial Energy Storage Project

TransAlta Corporation announced that it has been awarded $250,000 from Alberta Innovates - Energy &Environment Solutions (AI-EES) to help launch Alberta's first large-scale commercial energy storage project. TransAlta will use commercial-scale lithium-ion batteries to reduce energy costs for the customer. Five commercial-scale Tesla Powerpack batteries will be installed, each about the size of a household fridge, in a medium-sized building, such as a large grocery store, apartment block, post-secondary institution building or small office tower. The project should be running in late-2016. TransAlta reported that the wide-scale deployment of lithium-ion batteries will encourage more wind and solar power to be installed in Alberta, further improving the sustainability of Alberta's overall renewable energy supply.

 

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TAC:US $6.76 USD -0.19

TAC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Canadian Utilities Ltd C$35.77 CAD -0.22
Emera Inc C$41.86 CAD -0.38
Fortis Inc/Canada C$36.38 CAD -0.26
National Fuel Gas Co $54.86 USD +0.59
OGE Energy Corp $28.39 USD +0.56
View Industry Companies
 

Industry Analysis

TAC

Industry Average

Valuation TAC Industry Range
Price/Earnings 24.5x
Price/Sales 1.0x
Price/Book 1.0x
Price/Cash Flow 3.7x
TEV/Sales NM Not Meaningful
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