TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.
General Outlook
In simple terms, TransAlta Corporation has 309.9 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.626% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.307%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.187%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.071% return, is a testament to TransAlta Corporation's adeptness in optimizing resource deployment. TransAlta Corporation's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.458%. Furthermore, the proficiency of TransAlta Corporation in capital utilization is underscored by a remarkable 0.139% return on capital employed.
Stock Prices
TransAlta Corporation's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $8.28, while its low point bottomed out at $8.11. This variance in figures offers investors a lucid insight into the roller-coaster ride that is TransAlta Corporation's stock market.
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