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

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

Utilities Utilities - Independent Power Producers

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas... 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