Substation Relay Protection Training
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 12 hours Instructor-led
- Group Training Available
TransAlta, which operates coal- and gas-fired electricity plants in Canada, the United States and Mexico, said earnings from continuing operations fell to C$33.2 million or 19 Canadian cents per share, down from C$37.3 million or 22 Canadian cents per share in the year-ago period.
Net earnings were C$46.5 million ($29 million), or 27 Canadian cents a share, up from year-earlier losses of C$180.1 million, or C$1.06 per share. The year-earlier figures included an extraordinary loss of C$209.7 million.
Analysts polled by Thomson Financial/First Call expected earnings of 30 Canadian cents a share on average.
Revenues were C$958.7 million, down 19 percent from C$1.19 billion in the corresponding quarter of 2000.
TransAlta shares closed off 10 Canadian cents at C$20.85 in Toronto on Thursday. Since the start of the fourth quarter, the stock is off about 4 percent, underperforming a rise of more than 3 percent in the Toronto Stock Exchange's utilities subindex.
Related News
Is Ontario's Power Cost-Effective?
4 ways the energy crisis hits U.S. electricity, gas, EVs
N.S. approves new attempt to harness Bay of Fundy's powerful tides
Rio Tinto seeking solutions that transform heat from underground mines into electricity
Electric vehicles to transform the aftermarket … eventually
A tidal project in Scottish waters just generated enough electricity to power nearly 4,000 homes
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue