TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
Research context
TransAlta Corp appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Utilities
- Industry
- Utilities - Independent Power Producers
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5 years, 6 months ago
TransAlta Corporation is currently in a long term uptrend where the price is trading 16.0% above its 200 day moving average.
From a valuation standpoint, the stock is 83.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 1.6.
TransAlta Corporation's total revenue sank by 10.7% to $544M since the same quarter in the previous year.
Its net income has dropped by 294.7% to $-148M since the same quarter in the previous year.
Finally, its free cash flow fell by inf% to $-106M since the same quarter in the previous year.
Based on the above factors, TransAlta Corporation gets an overall score of 2/5.