| TransAlta Corporation (TAC) Q1 2025 Earnings Call Transcript |
TransAlta Corporation (NYSE:TAC ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Stephanie Paris - Vice President of Investor Relations and Corporate Strategy John Kousinioris - President and Chief Executive Officer Joel Hunter - Executive Vice President, Finance and Chief Financial Officer Blain van Melle - Executive Vice President, Commercial and Customer Relations Conference Call Participants Robert Hope - Scotiabank Maurice Choy - RBC Capital Markets Benjamin Pham - BMO Patrick Kenny - NBF John Mould - TD Cowen Mark Jarvi - CIBC Operator Good morning, and welcome. My name is Carmen, and I'll be your operator for today. |
seekingalpha.com |
2025-05-07 21:22:51 |
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| TransAlta Reports First Quarter 2025 Results and Reaffirms Annual Guidance |
CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2025. |
globenewswire.com |
2025-05-07 11:03:00 |
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| AgEagle Aerial Systems Showcases eBee VISION and eBee TAC Capability to European Customers |
Unmanned Aerial Systems (UAS) manufacturer fields demonstrations for decision makers in Baltic states to answer region's defense and public safety needs WICHITA, Kan., May 01, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, partnered with F9 Distribution Baltic to host Drone Days, a week-long event showcasing the cutting-edge capabilities of the eBee VISION and eBee TAC drones to potential customers in Lithuania, Latvia, and Estonia. |
globenewswire.com |
2025-05-01 12:00:00 |
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| TransAlta: Cratering Alberta Power Prices Offset By Option Premiums |
We were exiting our TransAlta position at the time we last wrote about it. The stock has roundtripped back to the same point. The setup seems similar, but there is a much bigger margin of safety today. |
seekingalpha.com |
2025-04-28 15:11:02 |
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| TransAlta Corporation Announces Results of the 2025 Annual and Special Meeting of Shareholders and Election of all Directors |
CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders (“the Meeting”) on April 24, 2025. The total number of common shares represented by shareholders at the Meeting and by proxy was 188,962,557, representing 63.43 per cent of the Company's outstanding common shares. |
globenewswire.com |
2025-04-24 21:16:00 |
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| TransAlta Declares Dividends |
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2025, up to but excluding June 30, 2025: |
globenewswire.com |
2025-04-23 20:30:00 |
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| TransAlta to Host Annual Meeting of Shareholders and First Quarter 2025 Results Conference Call |
CALGARY, Alberta, April 08, 2025 (GLOBE NEWSWIRE) -- 2025 Annual Meeting of TransAlta Corporation Shareholders |
globenewswire.com |
2025-04-08 21:52:00 |
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| TransAlta Corporation Enters into Automatic Share Purchase Plan |
CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan (“ASPP”) with its broker in order to facilitate repurchases of TransAlta's common shares (“Common Shares”) under the Company's previously announced normal course issuer bid (“NCIB”). |
globenewswire.com |
2025-03-26 19:14:00 |
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| TransAlta's Growth Story Has Holes And I'm Not Buying It |
TransAlta Corporation faces a challenging year with a 20% stock decline, weak grades, and Alberta's collapsing power prices impacting revenue stability. Despite market headwinds, TransAlta's efficiency, strategic acquisitions, and expansion in renewable energy projects bolster its long-term growth potential. The company maintains strong free cash flow and liquidity, with significant investments in data centers and renewable energy projects supporting future growth. |
seekingalpha.com |
2025-02-21 12:48:35 |
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| TransAlta Corporation (TAC) Q4 2024 Earnings Call Transcript |
TransAlta Corporation (NYSE:TAC ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Stephanie Paris - Vice President of Investor Relations and Corporate Strategy John Kousinioris - President and Chief Executive Officer Joel Hunter - Executive Vice President, Finance and Chief Financial Officer Blain van Melle - Executive Vice President, Commercial and Customer Relations Conference Call Participants Robert Hope - Scotiabank Mark Jarvi - CIBC Maurice Choy - RBC Capital Markets Patrick Kenny - National Bank John Mould - TD Cowen Benjamin Pham - BMO Operator Good morning. My name is Tawanda, and I will be your conference operator today. |
seekingalpha.com |
2025-02-20 18:02:24 |
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| TransAlta Reports Strong 2024 Results, Announces Dividend Increase and 2025 Annual Guidance |
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2024. |
globenewswire.com |
2025-02-20 09:04:00 |
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| Is the Options Market Predicting a Spike in TransAlta (TAC) Stock? |
Investors need to pay close attention to TransAlta (TAC) stock based on the movements in the options market lately. |
zacks.com |
2025-02-12 14:55:24 |
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| TransAlta to Host Fourth Quarter and Full Year 2024 Results Conference Call |
CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta”) (TSX:TA)(NYSE:TAC) will release its fourth quarter and full year 2024 results before markets open on Thursday, February 20, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET). |
globenewswire.com |
2025-01-16 18:00:00 |
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| TransAlta Declares Dividends |
CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to shareholders of record at the close of business on March 1, 2025. |
globenewswire.com |
2024-12-09 23:29:00 |
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| TransAlta Closes Acquisition of Heartland Generation |
CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA; NYSE: TAC) ("TransAlta" or "Company") announced today that it has completed its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. (collectively, "Heartland") from Energy Capital Partners ("ECP"). The acquisition, which includes Heartland's entire business operations in Alberta and British Columbia, was completed for an aggregate purchase price of $542 million, reduced by approximately $95 million to reflect the economic benefit of the Heartland business arising since October 31, 2023, resulting in a net cash payment of $215 million before working capital adjustments. |
globenewswire.com |
2024-12-04 09:05:00 |
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| TransAlta to Acquire Heartland Generation from Energy Capital Partners at a Reduced Price of $542 Million |
CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Highlights TransAlta and ECP have agreed to an $80 million purchase price reduction to reflect two required asset divestitures representing 97 MW (net ownership) Transaction revalued at approximately $542 million, inclusive of the assumption of $232 million of low-cost debt, and subject to a further favourable economic adjustment of approximately $80 million, reflecting the economic benefit of the Heartland business arising since the effective date of the transaction of October 31, 2023, prior to working capital adjustments Heartland portfolio valued at a net price of approximately $270 per kilowatt, with an expected EBITDA multiple1 of approximately 5.4 times Highly accretive to free cash flow, with an attractive cash yield upon closing underpinned by approximately 60% of revenues contracted with a weighted-average remaining life of 15 years Corporate pre-tax synergies of approximately $20 million per annum Transaction to add 1,747 MW (net interest) of complementary capacity, including contracted cogeneration and peaking generation, legacy gas-fired thermal generation, transmission capacity, and potential hydrogen development opportunities, all of which will be critical to support reliability in the Alberta electricity market Enhances and further diversifies TransAlta's competitive portfolio in the highly dynamic and shifting electricity landscape in Alberta TransAlta Corporation (TSX: TA; NYSE: TAC) ("TransAlta" or "Company") announced today that it has entered into an amending agreement to the share purchase agreement (the "Amending Agreement") with an affiliate of Energy Capital Partners ("ECP"), the parent of Heartland Generation Ltd. and Alberta Power (2000) Ltd. |
globenewswire.com |
2024-11-14 09:00:00 |
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| Taboola Reports Strong Q3 2024, Beating Revenues, ex-TAC and Adj. EBITDA; Reiterating 2024 Revenues, ex-TAC, & Adj. |
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced its results for the quarter ended September 30, 2024. |
globenewswire.com |
2024-11-07 08:15:00 |
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| TransAlta Corporation (TAC) Q3 2024 Earnings Call Transcript |
TransAlta Corporation (NYSE:TAC ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Joel Hunter - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC Benjamin Pham - BMO Maurice Choy - RBC Capital Markets Patrick Kenny - NBF John Mould - TD Securities Operator Good morning. My name is Sherry, and I will be your conference operator today. |
seekingalpha.com |
2024-11-05 15:38:17 |
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| TransAlta Reports Strong Third Quarter 2024 Results |
CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the three and nine months ended Sept. 30, 2024, demonstrating another quarter of strong financial performance. |
globenewswire.com |
2024-11-05 09:04:00 |
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| TransAlta Declares Dividends |
CALGARY, Alberta, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on January 1, 2025, to shareholders of record at the close of business on December 1, 2024. |
globenewswire.com |
2024-10-23 20:31:00 |
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| Media Advisory: TransAlta Third Quarter 2024 Results and Conference Call |
CALGARY, Alberta, Oct. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta”) (TSX: TA) (NYSE: TAC) will release its third quarter 2024 results before markets open on Tuesday, November 5, 2024. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET). The media will be invited to ask questions following analysts. |
globenewswire.com |
2024-10-04 20:15:00 |
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| IDA or TAC: Which Is a Better Utility Electric Power Stock? |
Both IDA and TAC work efficiently and continue to provide reliable services to their customers. |
zacks.com |
2024-09-25 13:47:08 |
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| Should Value Investors Buy TransAlta (TAC) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-09-18 14:46:13 |
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| TransAlta Announces Conversion Results for Series G and Series H Preferred Shares |
CALGARY, Alberta, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Further to TransAlta Corporation's (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) press release dated August 22, 2024, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series G (the “Series G Shares”) into Cumulative Redeemable Floating Rate Preferred Shares, Series H (the “Series H Shares”), there were only 20,607 Series G Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series H Shares. As a result, none of the Series G Shares will be converted into Series H Shares on September 30, 2024. |
globenewswire.com |
2024-09-17 21:00:00 |
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| TransAlta: Alberta Power Prices Force Pivot To Preferreds |
TransAlta Corporation's Q2 2024 results showcased strong performance due to effective hedging, despite a significant year-over-year drop in Alberta power prices. The company has a big hedge position for the next two years, and that should allow it more time to develop its portfolio. We are still moving to a hold and are now only interested in the preferreds. |
seekingalpha.com |
2024-09-09 16:45:28 |
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| TransAlta Announces Dividend Rates on Series G Preferred Shares and Series H Preferred Shares |
CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Further to the news release of TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) dated August 22, 2024, the Company announced today the applicable dividend rates for its cumulative redeemable rate reset first preferred shares Series G (“Series G Shares”) (TSX: TA.PR.J) and cumulative redeemable floating rate first preferred shares Series H of the Company (“Series H Shares”). |
globenewswire.com |
2024-09-03 21:00:00 |
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| Are Investors Undervaluing TransAlta (TAC) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-09-02 14:45:54 |
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| Wall Street Analysts Think TransAlta (TAC) Could Surge 47.5%: Read This Before Placing a Bet |
The average of price targets set by Wall Street analysts indicates a potential upside of 47.5% in TransAlta (TAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2024-08-28 14:56:57 |
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| TransAlta Provides Notice of Series G Preferred Shares Conversion Right |
CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding cumulative redeemable rate reset first preferred shares Series G (“Series G Shares”) (TSX: TA.PR.J) on September 30, 2024 (the “Conversion Date”). |
globenewswire.com |
2024-08-22 21:15:00 |
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| Nexxen Reports Second Quarter 2024 Financial Results |
Generated record Q2 Contribution ex-TAC, programmatic revenue and CTV revenue Achieved 27% year-over-year Adjusted EBITDA growth in Q2 2024 while expanding Adjusted EBITDA Margin as a percentage of Contribution ex-TAC to 32% from 26% in Q2 2023 Reaffirming full year 2024 Contribution ex-TAC and Adjusted EBITDA guidance Launched $50 million Ordinary Share repurchase program and fully repaid the Company's outstanding long-term debt in Q2 2024 NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, announced today its financial results for the three and six months ended June 30, 2024. |
globenewswire.com |
2024-08-22 11:30:00 |
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| TransAlta Common Shares: Buy Reiterated, Target Price Increased; Series G Preferreds Are Interesting, Too |
TransAlta Corporation's shares have increased by 18.6% since May 31, with a strong investment case expected to continue. Recent power supply issues in Alberta may lead to more incentives for power generators, benefiting TransAlta. Despite lower Q2 results, TransAlta maintains its 2024 outlook, with a strong balance sheet and decreasing capital expenditures. |
seekingalpha.com |
2024-08-22 08:05:54 |
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| Reasons to Add TransAlta (TAC) to Your Portfolio Right Now |
TransAlta (TAC) makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value. |
zacks.com |
2024-08-20 17:00:41 |
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| Is TransAlta (TAC) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-08-15 14:47:19 |
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