TransAlta Corporation (TNSSF)
TransAlta Corporation operates in the Independent Power Producers industry of the Utilities sector, headquartered in Calgary, AB, CA. The stock last traded at $9.51, up 0.00% on the session, giving a market capitalisation of $2.54B. On trailing twelve-month figures it carries a trailing P/E of -67.41, a net margin of -1.0%. Its beta of 0.92 implies it has historically moved less than the broad market.
TransAlta Corporation is dedicated to the ownership, operation, and progressive development of a wide-ranging portfolio of electrical power generation assets. These facilities are strategically situated across Canada, the United States, and Australia. The company's diverse infrastructure encompasses power plants utilizing hydroelectric, wind, solar, natural gas, and, historically, coal as primary energy sources. Beyond electricity generation, TransAlta actively participates in the wholesale trading of power and related energy commodities and derivatives. Its business scope also extends to managing associated mining operations and natural gas pipeline infrastructure. TransAlta delivers its energy solutions to a varied client base, including municipalities, mid-to-large-scale industrial enterprises, commercial businesses, and utility partners. Established in 1909, the corporation maintains its principal office in Calgary, Canada.
TransAlta Corporation is most often compared with the following Utilities names: