Bullboard - Stock Discussion Forum Capital Power Corp T.CPX.PR.A

Primary Symbol: T.CPX Alternate Symbol(s): CPWPF | T.CPX.PR.C | CPRHF | T.CPX.PR.E | T.CPX.PR.K | CPXWF

Utilities Utilities - Independent Power Producers

Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of... see more

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TSX:CPX - Post Discussion

Capital Power Corp > Up 1% on an ugly day........

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Post by darb on Jun 11, 2024 3:59pm

Up 1% on an ugly day........

..........something must be brewing!

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Comment by cajansurfer on Jun 14, 2024 5:27pm

Up another 2.80% on more than twice the average volume, on another ugly day for other stocks in this space.

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Comment by 555rookie555 on Jun 15, 2024 12:02am

SP Nov 20th CPX announced acquision of 2 gas fired plants in the U.S. SP dropped from $39 to $36-$37 range by Nov 24th. The market questioned the additional debt based on the risk of interest rates continuing to rise but now I think the market views the recent IR drop as a confirmation that rates have peaked, thus derisking CPX and raising it's value IMO. I'm not sure what P/E CPX should ...more

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