Bullboard - Stock Discussion Forum TransAlta Corp T.TA.PR.E

Primary Symbol: T.TA Alternate Symbol(s): T.TA.PR.F | TACPF | T.TA.PR.G | TSLTF | T.TA.PR.H | T.TA.PR.J | TAC | T.TA.PR.D

Utilities Utilities - Independent Power Producers

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar... see more

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TransAlta Corp > TransAlta Reports First Quarter 2023 Results

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Post by Betteryear2 on May 05, 2023 8:14am

TransAlta Reports First Quarter 2023 Results

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 period in 2022
Earnings before income taxes of $383 million, an improvement of $141 million from the same period in 2022
Net earnings attributable to common shareholders of $294 million, an increase of $108 million from the same period in 2022
Cash flow from operating activities of $462 million, an increase of 2% from the same period in 2022