“Our business delivered strong operational performance across the fleet during the first quarter. While the Company’s merchant portfolio in Alberta was partially impacted by softer power prices, our hedging strategy and active asset optimization continued to generate realized prices well above spot prices,” said John Kousinioris, President and Chief Executive Officer of TransAlta (TAC).
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TAC:
- TAC Upcoming Earnings Report: What to Expect?
- TransAlta Announces Shareholder Meeting Results and Director Elections
- TransAlta Declares Quarterly Dividends on Preferred Shares
- Richardson Electronics announces supply agreement with TransAlta
- TransAlta price target lowered to C$17 from C$21 at Scotiabank
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue