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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
 
Company Contact
Address: TransAlta Place
Suite 1400, 1100 1 St SE
CALGARY AB T2G 1B1
Tel: N/A
Website: N/A
IR: N/A
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
Wayne Collins
Executive Vice President - Generation
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 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 nine months ended 30 September 2023, TransAlta Corp revenues increased 29% to C$2.73B. Net income applicable to common stockholders increased from C$167M to C$728M. Revenues reflect Gas segment increase of 31% to C$1.21B, Wind and solar segment increase of 13% to C$263M. Net income benefited from Fuel, carbon, and purchased power decrease of 20% to C$416M (expense).
Employees: 1,222 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $6,927M as of Sep 30, 2023
Annual revenue (TTM): $3,585M as of Sep 30, 2023
EBITDA (TTM): $1,709M as of Sep 30, 2023
Net annual income (TTM): $565.00M as of Sep 30, 2023
Free cash flow (TTM): $306.00M as of Sep 30, 2023
Net Debt Last Fiscal Year: $2,928M as of Sep 30, 2023
Shares outstanding: 309,865,239 as of Oct 5, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization