TransAlta Corporation (TAC) Q1 2023 Earnings Call Transcript 2023/05/05 21:38:13 Seeking Alpha
TransAlta Corporation (NYSE:NYSE:TAC) Q1 2023 Earnings Conference Call May 5, 2023 11:00 AM ETCompany ParticipantsChiara Valentini - Vice President, Strategic Finance and IRJohn Kousinioris…
3 Top Monthly Dividend Stocks for Income Investors 2023/05/05 19:21:41 InvestorPlace
With most companies distributing dividends quarterly, investors needing predictable monthly cash flow could desire more frequent payouts. The good news is that there are a number of securities that pay dividends on a monthly basis, helping to deliver a steady stream of income. This article will discuss three of the best monthly dividend stocks right now. STAG Industrial (STAG) Source: Don Pablo / Shutterstock.com STAG Industrial (NYSE: STAG ) is an owner and operator of industrial real estate. It is focused on single-tenant industrial properties and has about 563 buildings across 41 states. The focus of this real estate investment trust (REIT) on single-tenant properties might create higher risk compared to multi-tenant properties, as the former are either fully occupied or completely vacant. However, STAG Industrial executes a deep quantitative and qualitative analysis on its tenants. As a result, it has incurred credit losses that have been less than 0.1% of its revenues since its initial public offering (IPO).
TransAlta reports Q1 results 2023/05/05 11:23:28 Seeking Alpha
TransAlta press release (TAC): Q1 FFO of C$1.40Revenue of C$1.09B (+48.3% Y/Y).Adjusted EBITDA of C$503 million, an increase of 94% over the same period in 2022Free Cash Flow…
TransAlta: Q1 Earnings Insights 2023/05/05 11:20:17 Benzinga
TransAlta (NYSE: TAC ) reported its Q1 earnings results on Friday, May 5, 2023 at 07:15 AM. Here''s what investors need to know about the announcement. Earnings TransAlta beat estimated earnings by 376.47%, reporting an EPS of $0.81 versus an … Full story available on Benzinga.com
TransAlta Reports First Quarter 2023 Results and Raises 2023 Financial Guidance 2023/05/05 11:15:00 PR Newswire
CALGARY, AB, May 5, 2023 /PRNewswire/ - First Quarter 2023 Financial Highlights Adjusted EBITDA(1),(2) of $503 million, an increase of 94% over the same period in 2022 Free Cash Flow ("FCF")(1) of $263 million, or $0.98 per share, an increase of 145% on a per-share basis from the same…
TransAlta enters into automatic share purchase plan 2023/03/28 09:28:54 Seeking Alpha
TransAlta (TAC) entered into an automatic share purchase plan with a broker for facilitating repurchases of its shares under its earlier announced normal course issuer bid.It had…
The 7 Best Clean Energy Stocks to Buy in 2023 2023/03/26 17:49:48 InvestorPlace
Clean energy stocks are expected to see continued growth. According to the U.S. Energy Information Administration, U.S. power generation from new renewables (primarily wind and solar) is expected to reduce coal and natural gas-fired energy production through 2024 at least . This pivot away from fossil fuel energy is a strong signal to investors that clean energy will continue to be a focal point for capital inflows. Wind and solar alone are expected to account for 16% of total energy production in 2023. Solar, of course, has grown at a tremendous pace. The good news for investors is that growth is expected to continue, with clean energy capacity expected to increase 84% through 2024. In short, these metrics continue to send a strong, clear message to investors – clean energy stocks represent an excellent investment opportunity moving forward. Here are seven such clean energy stocks I think are worth buying right now. AMSC American Superconductor $4.11 CWEN Clearway Energy $30.17 TAC Transalta Corp. $7.84 MTZ MasTec $91.48 ARRY Array Technologies $18.47 SOL Emeren Group $4.08 ALB Albermarle $217.79 American Superconductor (AMSC) Source: Khanthachai C / Shutterstock.com American Superconductor (NASDAQ: AMSC ) stock, with its $4.11 share price, is going to be an appealing pick for budget-conscious investors.
Stocks Stub Toes Monday in Toronto 2023/03/06 21:21:00 Baystreet Canada
Resource and health-care stocks led the way down in Toronto Monday, as the TSX had trouble maintaining its upward readings of the week before. The TSX subsided 66.78 points to conclude Monday at 20,514.80 The Canadian dollar let go of 0.05 cents to 73.44 cents U.S. Among health-care plays, Bausch dropped 43 cents, or 3.5%, to $12.03, while Tilray gave back 12 cents, or 3.2%, to $3.67. Metal firms also took their lumps, as Algoma Steel docked 60 cents, or 4.9%, to $11.74, while Capstone Mining lost 33 cents, or 4.8%, to $6.62. Gold also had its troubles, as Iamgold fell 11 cents, or 3.4%, to $3.11, while B2Gold ailed 10 cents, or 2.1%, to $4.75. Utilities tried to right the ship, with Brookfield Infrastructure Partners rising 87 cents, or 1.9%, to $46.65, while Transalta squeezed out gains of 19 cents, or 1.7%, to $1.767. In communications, TELUS hiked 14 cents to $27.45, while BCE gained 19 cents to $60.69. Consumer staples moved doggedly ahead, with George Weston taking on $2.15, or 1.3%, to $169.21, while Loblaw Companies forged ahead 78 cents to $117.58.
Dow Jumps Over 300 Points; Best Buy Profit Beats Views 2023/03/02 19:31:41 Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 300 points on Thursday. The Dow traded up 0.97% to 32,978.95 while the NASDAQ rose 0.59% to 11,446.55. The S&P 500 also rose, gaining, 0.61% to 3,975.37. Check This Out: Top 5 Materials Stocks That Could Lead To Your Biggest Gains In March Leading and Lagging Sectors Utilities shares rose 1.2% on Thursday. Meanwhile, top gainers in the sector included Enel Chile S.A. (NYSE: ENIC ), up 2%, and TransAlta Corporation (NYSE: TAC ), up 2%. In trading on Thursday, financial shares fell by 1.3%. Top Headline Best Buy Co Inc (NYSE: BBY ) reported better-than-expected Q4 results and issued guidance. Best Buy reported a revenue decline of 10% year-on-year to $14.735 billion, beating the consensus of $14.720 billion. Adjusted EPS of $2.61 beat the consensus of $2.11. Best Buy expects adjusted diluted EPS of $5.70 - $6.50, below the consensus of $6.71. Equities Trading UP BioRestorative Therapies, Inc. (NASDAQ: BRTX ) shares shot up 33% to $3.72 after the company announced the United States Patent and Trademark Office has issued a notice of allowance for a patent application related to the Company''s metabolic ThermoStem program.
A closer look at TransAlta Corporation (TAC) is warranted 2022/12/26 16:08:00 US Post News
TransAlta Corporation (NYSE:TAC) closed Friday at $8.78 per share, up from $8.71 a day earlier. While TransAlta Corporation has overperformed by 0.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TAC fell by -20.90%, with highs and lows ranging from $12.13 to $7.55, whereas the simple […]
Losing Streak Rolls on for TSX 2022/12/19 21:29:00 Baystreet Canada
Equities in Canada’s largest market continued their downward trend, with health-care the main negative culprit. The TSX Composite cratered 242.52 points, or 1.3%, to conclude Monday at 19,200.76. The Canadian dollar gained 0.2 cents at 73.25 cents U.S. The benchmark Canadian index has outperformed the U.S. S&P 500 index so far this year, losing 8.6% versus a 19.5% drop in the U.S. benchmark. Cannabis took the biggest hits on the day, with Tilray losing 37 cents, of 8.3%, to $4.09, while Canopy Growth lost 28 cents, or 7.9%, to $3.27. Utilities were also downward, with Transalta shedding 76 cents, or 6%, to $11.96, while Transalta Renewables ditched 52 cents, or 4.6%, to $10.75. Among materials, MAG Silver dumped $2.62, or 11.5%, to $20.08, while Silvercrest Metals handed back 61 cents, or 7.1%, to $7.95. On the economic calendar, Statistics Canada said its raw materials price index for November fell 0.8% on a monthly basis and increased 8.0% year over year, while the agency’s industrial product price index declined 0.4% month over month and increased 9.7% on a year-over-year basis.
TransAlta updates on 2023 results outlook 2022/12/15 12:47:51 Seeking Alpha
TransAlta (TAC) said its 2023 adjusted EBITDA is expected to be in the range of $1.20B to $1.32B.
TransAlta prices $400M senior green bond offering (NYSE:TAC) 2022/11/15 11:43:53 Seeking Alpha
TransAlta (TAC) has priced a public offering of $400M of its 7.750% senior notes due November 15, 2029.The notes are issued at a price equal to 100% of the principal amount of the notes
TransAlta Announces Pricing of US$400 Million Senior Green Bond Offering 2022/11/14 22:32:00 Benzinga
CALGARY, AB , Nov. 14, 2022 /CNW/ - TransAlta Corporation ("TransAlta") (TSX: TA ) (NYSE: TAC ) is pleased to announce that it priced a public offering ("the Offering") of US$400 million aggregate principal amount of its 7.750% senior notes due November 15, 2029 , at an issue price equal to 100% of the principal amount of the notes, in an underwritten U.S. public offering. Including the gain on the corresponding interest rate hedges, the issuance equates to an effective yield of approximately 5.982%. Closing of the Offering is expected to occur on or about November 17, 2022 . TransAlta intends to use the net proceeds from the sale of the notes to repay C$100 million drawn on its credit facility and replace balance sheet cash used to fund the repayment in full of TransAlta''s 4.500% unsecured senior notes on November 15, 2022 and pay any related fees and expenses. We intend to allocate an amount equal to the net proceeds from this offering to finance or refinance, in part or in full, new and/or existing eligible green projects in accordance with our Green Bond Framework.