TransAlta Corp T.TA

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

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, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others.

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TransAlta Corp > Seems there is a divergence here

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Comment by houbahopon Feb 23, 2024 7:27pm

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Post# 35896703

RE:RE:Seems there is a divergence here

There is a possibility, players following this stock correctly anticipated a large decline in profitability for 2024. There was over 3m shares shorted on Feb. 15.

Short covering?

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