This company is also listed in the United States as TAC on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings.. |
Sector: Utilities | Industry: Independent Power Producers |
Company Contact | |
Address: | TransAlta Place Suite 1400, 1100 1 St SE CALGARY AB T2G 1B1 |
Tel: | N/A |
Website: | https://transalta.com |
IR: | See website |
Key People | ||
John Harry Kousinioris President, Chief Executive Officer, Director | Brent Vincent Ward Senior Vice President - M&A, Strategy & Treasurer | Joel Hunter Chief Financial Officer, Executive Vice President - Finance |
Todd John Stack Chief Financial Officer, Executive Vice President - Finance | Jane Nyla Fedoretz Executive Vice President - People culture, Chief Administrative Officer | Scott T. Jeffers Acting Executive Vice President, Legal and Corporate Secretary |
Christopher D. Fralick Executive Vice President - Generation | Kerry O'Reilly Wilks Executive Vice President - Growth and Energy Marketing | Blain M. Van Melle Executive Vice President, Commercial and Customer Relations | Aron J. Willis Executive Vice President, Project Delivery and Construction |
Business Overview |
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others. |
Financial Overview |
For the three months ended 31 March 2024, TransAlta Corp revenues decreased 13% to C$947M. Net income decreased 24% to C$222M. Revenues reflect Reclass Adjustments segment decrease from C$114M to C$0K, Energy Transition segment decrease of 14% to C$217M. Net income also reflects Purchased Power increase of 13% to C$172M (expense), Other Operating expenses increase of 15% to C$69M (expense). Dividend per share remained flat at C$0.06. |
Employees: | 1,257 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $7,630M as of Mar 31, 2024 |
Annual revenue (TTM): | $3,213M as of Mar 31, 2024 |
EBITDA (TTM): | $1,504M as of Mar 31, 2024 |
Net annual income (TTM): | $572.00M as of Mar 31, 2024 |
Free cash flow (TTM): | $465.00M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $3,545M as of Mar 31, 2024 |
Shares outstanding: | 304,000,000 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |