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TransAlta Corporation (T:TA)

Business Focus: Independent Power Producers (NEC)

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
 
See Regulatory Filings on SEDAR
Company Contact
Address: Calgary Alberta T2p 2mi
110 12th Ave SW Station, Stn M
PO Box 1900
CALGARY AB T2P 2M1
Tel: N/A
Website: https://www.transalta.com
IR: See website
Key People
John Harry Kousinioris
President, Chief Executive Officer, Director
Todd John Stack
Chief Financial Officer, Executive Vice President - Finance
Jane Nyla Fedoretz
Executive Vice President - People, Talent and Transformation
Michael J. Novelli
Executive Vice President - Generation
Kerry O'Reilly Wilks
Executive Vice President - Legal, Commercial & External Affairs
Blain van Melle
Executive Vice President, Alberta Business
Brent Vincent Ward
Senior Vice President - M&A, Strategy & Treasurer
Shasta R. Kadonaga
Senior Vice President - Shared Services
 
Business Overview
TransAlta Corporation is a power generation company. The Company owns, operates and manages a portfolio of assets representing approximately 7,387 megawatts (MW) of capacity and uses a range of fuels that include water, wind, solar, natural gas and thermal coal. Its segments include Generation Segments and Energy Marketing Segment. Its four generation segments include Hydro, Wind and Solar, Gas, and Energy Transition. The Company directly or indirectly owns and operates hydro, wind and solar, natural-gas-fired and coal-fired facilities, related mining operations, and natural gas pipeline operations in Canada, the United States and Australia. Its Energy Marketing segment is engaged in the wholesale trading of electricity and other energy-related commodities and derivatives. Its Energy Marketing segment manages available generating capacity as well as the fuel and transmission needs of the generation segments by utilizing contracts of various durations.
Financial Overview
For the three months ended 31 March 2022, TransAlta Corporation revenues increased 14% to C$735M. Net income totaled C$186M vs. loss of C$30M. Revenues reflect North American Gas segment increase from C$74M to C$288M, Wind and solar segment increase of 19% to C$108M. Net Income reflects Asset impairment (reversal) - Balancing decrease from C$15M (expense) to C$42M (income), Depreciation and amortization decrease of 21% to C$117M (expense).
Employees: 1,282 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $7,644M as of Mar 31, 2022
Annual revenue (TTM): $2,814M as of Mar 31, 2022
EBITDA (TTM): $1,203M as of Mar 31, 2022
Net annual income (TTM): -$360.00M as of Mar 31, 2022
Free cash flow (TTM): $623.00M as of Mar 31, 2022
Net Debt Last Fiscal Year: $2,224M as of Mar 31, 2022
Shares outstanding: 271,219,820 as of May 10, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization