Latest news with #TransAltaCorp
Toronto Star
07-05-2025
- Business
- Toronto Star
Power utility TransAlta reports first-quarter profit down from year ago
CALGARY - TransAlta Corp. reported its first-quarter profit fell compared with a year ago. The power utility says it earned a profit attributable to common shareholders of $46 million or 15 cents per share for the quarter ended March 31. The result compared with a profit of $222 million or 72 cents per share for the same period in 2024. ARTICLE CONTINUES BELOW On an adjusted basis, TransAlta says it earned 10 cents per share in its latest quarter, down from an adjusted profit of 41 cents per share a year ago. Revenue totalled $758 million, down from $947 million in the same quarter last year. TransAlta chief executive John Kousinioris says the company's portfolio in Alberta was partially impacted by softer power prices, while its hedging strategy and active asset optimization continued to generate realized prices well above spot prices. This report by The Canadian Press was first published May 7, 2025. Companies in this story: (TSX:TA)
Hamilton Spectator
07-05-2025
- Business
- Hamilton Spectator
Power utility TransAlta reports first-quarter profit down from year ago
CALGARY - TransAlta Corp. reported its first-quarter profit fell compared with a year ago. The power utility says it earned a profit attributable to common shareholders of $46 million or 15 cents per share for the quarter ended March 31. The result compared with a profit of $222 million or 72 cents per share for the same period in 2024. On an adjusted basis, TransAlta says it earned 10 cents per share in its latest quarter, down from an adjusted profit of 41 cents per share a year ago. Revenue totalled $758 million, down from $947 million in the same quarter last year. TransAlta chief executive John Kousinioris says the company's portfolio in Alberta was partially impacted by softer power prices, while its hedging strategy and active asset optimization continued to generate realized prices well above spot prices. This report by The Canadian Press was first published May 7, 2025. Companies in this story: (TSX:TA)
Winnipeg Free Press
07-05-2025
- Business
- Winnipeg Free Press
Power utility TransAlta reports first-quarter profit down from year ago
CALGARY – TransAlta Corp. reported its first-quarter profit fell compared with a year ago. The power utility says it earned a profit attributable to common shareholders of $46 million or 15 cents per share for the quarter ended March 31. The result compared with a profit of $222 million or 72 cents per share for the same period in 2024. A TransAlta wind farm near Pincher Creek, Alta., Wednesday, March 9, CANADIAN PRESS/Jeff McIntosh On an adjusted basis, TransAlta says it earned 10 cents per share in its latest quarter, down from an adjusted profit of 41 cents per share a year ago. Revenue totalled $758 million, down from $947 million in the same quarter last year. TransAlta chief executive John Kousinioris says the company's portfolio in Alberta was partially impacted by softer power prices, while its hedging strategy and active asset optimization continued to generate realized prices well above spot prices. Winnipeg Free Press | Newsletter Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Sign up for The Warm-Up This report by The Canadian Press was first published May 7, 2025. Companies in this story: (TSX:TA)
