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"). As a result, the holders of the Series G Shares will have the right to convert all or any of their Series G Shares into cu ...

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 longterm debt in Q2 2024 NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd ...

stuckreed/iStock via Getty Images For 2024 Investment case TransAlta Corponation (TSX:TA.CA) (NYSE:TAC) continus: its strong performance. Since my last publication on May 1, TimasAlta: Prefereds, Offer Lucative Yields, Common Share TA:CA - TransAlta Corporation $11.42 -0.055 (-0.48%) 11.27 AM 08/20/24 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|-------|----------|-------|-------|------------------------|-----------|---------------- ...

TransAlta Corporation (TAC) is committed to being a leader in clean electricity by delivering customercentered power solutions. The company benefits from its focus on sustainable energy projects. Given its growth opportunities, TAC makes for a solid investment option in the utility sector. The company currently carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. Growth Projections & Surprise History The Zacks Consensus Estimate for 2024 earnings per share (EPS) has increased ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

TransAlta Corporation (TAC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TAC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages ...

TransAlta (TAC) closed the last trading session at $8.05, gaining 9.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.12 indicates a 63% upside potential. The average comprises seven short-term price targets ranging from a low of $10.08 to a high of $19.18, with a standard deviation of $3.64. While the lowest estimate indicates an increase of 25.2% from the current price level ...

Q2 2024 and FY 2024 Key Highlights Q2 Financials - Beat on Revenues, ex-TAC and Adj. EBITDA; Growth rates accelerate (dollars in millions, except per share data) Three months ended June 30, 2024 2023 Unaudited Revenues $ 428.2 $ 332.0 Gross profit $ 114.8 $ 97.1 Net loss $ (4.3 ) $ (31.3 ) Q2 2024 Results: Revenues $428M, Gross profit $115M, ex-TAC Gross Profit $150M, Net loss $4M, Non-GAAP Net Income $23M, Adj. EBITDA $37M, Free Cash Flow $26M Strong YoY growth: Revenues +29%, ex-TAC +21%, Adj. EBITDA +138 ...

Patient enrollment has accelerated, now with 13 patients enrolled in trial TFF TAC at ~20% of the oral tacrolimus dose prevented acute rejection and achieved >80% of the previous oral trough blood levels -- leading to diminished drug burden 9 out of 9 (100%) patients who completed the 12-week treatment chose to remain on TFF TAC by proceeding to the long-term extension Phase; 2 patients have been treated for over a year and 6 patients have been treated for more than 6 months Observed a 6.5-fold reduction in ...

财务数据和关键指标变化 - 公司在第二季度实现了优秀的经营和财务业绩,调整后EBITDA为3.12亿加元,自由现金流为1.72亿加元或每股0.57加元,归属于普通股东的净收益为5,600万加元或每股0.18加元 [7] - 公司维持了强劲的资产负债表,拥有超过17亿加元的可用流动性,包括3.5亿加元的现金,这为公司实现2024年的优先事项奠定了良好基础 [7] 各条业务线数据和关键指标变化 - 天然气业务在第二季度实现了1.46亿加元的调整后EBITDA,主要得益于高可用性、强劲的产量和从套期保值活动中获得的更高实现价格 [22] - 水电业务在第二季度实现了8,300万加元的调整后EBITDA,与预期基本一致,主要受到亚伯达省电价下降的影响,但部分被出售环境属性和有利套期保值所抵消 [23] - 风电和太阳能业务在第二季度实现了8,800万加元的调整后EBITDA,同比增长76%,主要得益于Northern Goldfields Solar、White Rock East和West、Horizon Hill以及肯特山项目重新投运 [24] - 能源转型业务在第二季度实现了300万加元的调整后EBITDA,同比下降,主要由于塞特拉利亚电厂计划检修延长以及中哥伦比亚河流域电价下降导致的经济调度增加 [25] - 能源营销业务在第二季度实现了3,000万加元的调整后EBITDA,主要得益于套期保值活动 [25] 各个市场数据和关键指标变化 - 亚伯达省第二季度电价平均为每兆瓦时45加元,大幅低于2023年同期的每兆瓦时160加元,主要由于新增天然气、风电和太阳能供给的增加以及天然气价格下降 [26] - 公司通过积极部署套期保值策略,有效降低了较低电价对业绩的影响,第二季度实现的平均电价为每兆瓦时97加元 [27] - 公司在2024年剩余时间内以及2025年和2026年分别锁定了约4,500吉瓦时和平均每兆瓦时80加元的电力产量,远高于当前的远期曲线水平 [28] - 水电业务持续获得电网电价的溢价,过去3年平均溢价约28%,辅助服务收益平均占现货价格的51% [29] 公司战略和发展方向及行业竞争 - 公司正在积极推进Heartland发电资产的监管审批,但审批进程比预期更加复杂和缓慢,公司正在努力解决监管机构的担忧 [10] - 公司正在加快开发亚伯达和华盛顿州的传统热电资产,探讨通过升级改造、再开发和再利用等方式延长运营寿命,满足未来客户需求 [17-21] - 亚伯达省政府近期宣布了电力市场重组的相关政策,公司支持这些改革措施,认为将有利于提高电网可靠性和促进各类发电技术的长期投资 [11-14] 管理层对经营环境和未来前景的评论 - 公司对2024年的调整后EBITDA和自由现金流指引保持信心,有望达到指引区间的上限 [31] - 公司的套期保值策略和优化能力将有效降低电价下跌对业绩的影响,2025年和2026年的套期头寸价格也远高于当前的远期曲线水平 [32] - 公司不预期电力市场重组会对其业务产生不利影响,反而看到了从传统资产中获取新的机会 [33-34] 其他重要信息 - 公司已完成白石东和地平线山风电项目的商业运营,这些新增资产将每年为公司贡献超过1亿加元的调整后EBITDA [9] - 公司将继续积极回购股票,认为目前股价被低估,已完成2024年回购计划的约59% [34] - 公司的发展目标是谨慎和有纪律的,将专注于高质量和高回报的项目,同时保持财务实力和弹性 [37-38] 问答环节重要的提问和回答 问题1 **Patrick Kenny 提问** 询问Heartland交易的进展以及公司是否考虑其他资产收购或出售机会 [45-51] **John Kousinioris 回答** 公司仍在努力推进Heartland交易,但监管审批进程复杂,公司将保持谨慎和纪律。同时公司也在积极探索其他机会,包括利用自身的传统资产以及在美国市场的并购机会 [46-51] 问题2 **Mark Jarvi 提问** 询问公司资本再循环的考虑因素以及未来是否会增加股票回购规模 [59-62] **John Kousinioris 和 Joel Hunter 回答** 公司会考虑通过资产出售来为潜在收购或加强资产负债表筹集资金,但同时也会评估股票回购对股东价值的贡献。目前公司维持1.5亿加元的回购计划,未来会根据情况进行调整 [60-62] 问题3 **John Mould 提问** 询问公司对传统热电资产的改造和再利用计划,包括技术路径和监管因素的考虑 [83-93] **John Kousinioris 回答** 公司正在积极探讨利用传统热电资产满足客户需求的机会,包括为数据中心提供可靠电力,以及利用这些资产的优势为电网提供支撑。公司正在评估不同的技术路径,如气电、储能和可再生能源的组合,并密切关注监管环境的变化 [84-93]