Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Capital Power Corporation (T:CPX)

Business Focus: Independent Power Producers (NEC)

Sector:  Utilities Industry:  Independent Power Producers
 
Company Contact
Address: 1200-10423 101 St NW
EDMONTON AB T5H 0E9
Tel: 1-780-3925335
Website: https://www.capitalpower.com
IR: See website
Key People
Avik Dey
President, Chief Executive Officer, Director
Sandra Haskins
Chief Financial Officer, Senior Vice President - Finance
Bryan Deneve
Senior Vice President - Operations
Chris Kopecky
Senior Vice President, Chief Legal, Development and Commercial Officer
Steve Owens
Senior Vice President - Construction and Engineering
Jacquelyn Marie Pylypiuk
Senior Vice President - People, Culture and Technology
Business Overview
Capital Power Corporation develops, acquires, owns and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. The Company is involved in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario; and in the United States, including North Carolina, New Mexico, Kansas, Alabama, Arizona, North Dakota, Illinois, Texas and Michigan. It also holds a portfolio of wind and solar development sites in the United States and Canada. It builds, owns and operates generation facilities, which include renewables and thermal. It owns approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities across North America. Its projects in advanced development include approximately 310 MW of owned renewable generation capacity in North Carolina and Alberta and 512 MW of incremental natural gas combined cycle capacity.
Financial Overview
For the six months ended 30 June 2023, Capital Power Corp revenues increased 77% to C$2.15B. Net income applicable to common stockholders increased 98% to C$358M. Revenues reflect Canada segment increase of 48% to C$1.7B. Net income benefited from Realized Gain/Loss on Derivative-Hedging increase from C$3M (expense) to C$18M (income), Income from joint ventures increase from C$13M to C$33M (income).
Employees: 737 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $8,930M as of Jun 30, 2023
Annual revenue (TTM): $3,863M as of Jun 30, 2023
EBITDA (TTM): $1,074M as of Jun 30, 2023
Net annual income (TTM): $276.00M as of Jun 30, 2023
Free cash flow (TTM): -$147.00M as of Jun 30, 2023
Net Debt Last Fiscal Year: $3,556M as of Jun 30, 2023
Shares outstanding: 116,996,142 as of Sep 8, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization