TransAlta Corp
TA
ISIN null / Valor 25176
TransAlta Corp
UMushroom community rating:
About company
TransAlta Corp is a leading power generation company with operations in Canada, the United States, and Australia. The company owns and operates a diverse portfolio of electrical generation assets, providing clean and sustainable electricity to local communities. With a century-long commitment to delivering low-cost energy, TransAlta plays a crucial role in powering homes, businesses, and industries across its operating regions.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (21.11.2025):
TransAlta Corp — fourth quarter and full‑year 2024: The company reported strong full‑year 2024 financial results with revenues of $2.8 billion, adjusted EBITDA of $1.3 billion and net earnings attributable to shareholders of $177 million; free cash flow was $569 million ($1.88 per share). The fourth quarter of 2024 included the strategic acquisition of Heartland Generation and continued operational and decarbonization progress across the fleet.
Key financial results (FY2024)
Revenues $2.8B; adjusted EBITDA $1.3B; net earnings attributable to shareholders $177M; free cash flow $569M, or $1.88 per share.
Shareholder returns & capital allocation
Returned $143M via enhanced share repurchase program in 2024 (avg price $10.59). Increased annual common share dividend for 2025 to $0.26/share. Normal course issuer bid in place with up to $100M available for repurchases in 2025.
Major acquisition (Q4 2024)
Completed acquisition of Heartland Generation in Q4 2024, adding ~1.7 GW of capacity in Alberta and B.C., including contracted cogeneration, peaking and legacy gas-fired assets that diversify and strengthen reliability offerings.
Operational performance & growth projects
Fleet availability improved to 91.2% in 2024. Brought three Oklahoma wind facilities (White Rock West, White Rock East, Horizon Hill) and Mount Keith Transmission Expansion into service; together with fully rehabilitated Kent Hills, these are expected to contribute >$175M in EBITDA annually.
Decarbonization progress
Since 2015 TransAlta retired 4,464 MW of coal capacity and converted 1,659 MW to natural gas; remaining 670 MW of coal-fired generation scheduled for retirement by end of 2025. Scope 1 and 2 GHG emissions down 22.7 MT CO2e (~70%) vs. 2015; converted gas units ~57% lower CO2 intensity vs. coal.
Outlook & strategy
Company emphasizes disciplined capital allocation, focus on contracting and diversification of cash flow, continued growth (greenfield and opportunistic M&A), and leveraging legacy thermal sites for value realization while addressing increasing demand from electrification and data‑centre build‑outs.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4107 M
Market cap (USD)
1,964,019
Daily traded volume (Shares)
20.62 / 20.245
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
Atanas WI Atanasov
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