Transalta/$TAC

TransAlta shares rise after the U.S. Department of Energy ordered its Centralia Unit 2 coal plant to remain available for another 90 days, extending operations through 12 December.
3 hours agoLightyear AI
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About Transalta

TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse electrical power generation assets in Canada, the United States, and Western Australia. The company has reportable segments namely, Hydro, Wind & Solar, Gas, Energy Transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
Ticker
$TAC
Sector
Energy
Primary listing
NYSE
Employees
1,350
Headquarters
Calgary, Canada

Transalta Metrics

BasicAdvanced
$3.6B
-
-$0.18
0.48
$0.19
1.77%

What the Analysts think about Transalta

Analyst ratings (Buy, Hold, Sell) for Transalta stock.
Analyst projections of the future price of Transalta stock.

Bulls say / Bears say

TransAlta’s hedging and dispatch optimisation protected cash flow despite weak Alberta spot prices. It realised prices well above spot in its gas fleet and reaffirmed 2026 adjusted EBITDA of $950 million–$1.05 billion and free cash flow of $350 million–$450 million. (TransAlta)
The planned Colorado acquisition would add 318 MW of fully contracted gas peaking capacity, with long-term tolling agreements and investment-grade customers. TransAlta expects roughly $110 million of annual adjusted EBITDA, making the deal a potential shift towards more predictable cash flows. (Reuters, TransAlta)
TransAlta has a credible growth option in Alberta if data-centre demand materialises. Its March investor update described an MOU with CPP Investments and Brookfield and argued that rising load and reliability needs could tighten the power market and improve returns from its existing fleet. (TransAlta, TransAlta)
Underlying earnings momentum weakened materially in the first half. Second-quarter adjusted EBITDA fell 17% and free cash flow fell 19%, while first-half EBITDA and free cash flow dropped 20% and 22%, respectively, as Alberta prices softened and Centralia produced no power. (TransAlta, StockTitan)
The Colorado purchase increases financial pressure before its benefits are proven. TransAlta reported adjusted net debt of $4.2 billion, or 4.3 times adjusted EBITDA, while S&P changed its BB+ outlook to negative; the deal also required a substantial equity issue and the assumption of project debt. (StockTitan, Reuters)
Several parts of the recovery case still depend on execution and approvals. Centralia’s 700 MW unit generated nothing in the first half and remains subject to temporary government orders, while the Colorado acquisition depends on Canyon Peak reaching commercial operation and receiving regulatory approval. (TransAlta, Yahoo Finance)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

Transalta Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Transalta Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Transalta

Funds
Fund name
Fund size
$TAC weighting
SPDR MSCI All Country World IM€SPYI
€7.5B0.00%
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