Capital Power Corporation (TSX: CPX)
Canada
· Delayed Price · Currency is CAD | Market Cap | 4.83B |
| Revenue (ttm) | 3.98B |
| Net Income (ttm) | 663.00M |
| Shares Out | 129.63M |
| EPS (ttm) | 5.24 |
| PE Ratio | 7.31 |
| Forward PE | 11.55 |
| Dividend | 2.46 (6.44%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 599,381 |
| Open | 38.18 |
| Previous Close | 38.22 |
| Day's Range | 37.99 - 38.26 |
| 52-Week Range | 33.90 - 46.47 |
| Beta | 0.58 |
| Analysts | n/a |
| Price Target | 41.55 (+8.74%) |
| Earnings Date | Jul 31, 2024 |
About Capital Power
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company engages in the development of projects, which i... [Read more]
Financial Performance
In 2023, Capital Power's revenue was 4.00 billion, an increase of 43.02% compared to the previous year's 2.80 billion. Earnings were 744.00 million, an increase of 439.13%.
Financial StatementsNews
Capital Power provides redemption notice on Preferred Shares, Series 11
EDMONTON, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it intends to redeem all of its 6,000,000 issued and out...
Capital Power announces Board appointments and retirement
EDMONTON, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX), is pleased to announce the appointmen...
Capital Power announces a C$450 million Subordinated Notes offering
EDMONTON, Alberta, May 14, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it has priced a public offering in Canada of C$450M 8.12...
Capital Power considers Hybrid Subordinated Notes offering
EDMONTON, Alberta, May 13, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it is considering an offering of hybrid subordinated deb...
Enbridge says carbon storage project still alive despite Capital Power decision
Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, despite Capital Power's recent decision to shelve its own $2.4-billion project as...
Enbridge’s carbon storage project still alive after partner backs out
Capital Power said last week it believes its Genesee carbon capture project is viable, but the economics don't work
Capital Power Selects Black & Veatch to Remotely Monitor Power Generation Facilities
Innovative Technology uses artificial intelligence algorithms to monitor, alert OVERLAND PARK, Kansas — Black & Veatch, a global leader in critical infrastructure solutions, has been selected by Capit...
Capital Power Selects Black & Veatch to Remotely Monitor Power Generation Facilities
OVERLAND PARK, Kansas--(BUSINESS WIRE)--Black & Veatch, a global leader in critical infrastructure solutions, has been selected by Capital Power to remotely monitor seven of the Canada-based wholesale...
Capital Power’s carbon capture plan beset by financial and tech risks: analysts
Genesee would have stored three million tonnes of carbon dioxide a year — about three times that of Shell's project
Financial risks of novel technology likely derailed Alberta carbon capture project, analysts say
Capital Power's decision not to pursue its $2.4-billion Genesee project is unlikely to be the first of other such cancellations, cautions one expert.
Capital Power reports voting results from the 2024 annual meeting of shareholders
EDMONTON, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- The annual meeting of shareholders (“annual meeting”) for Capital Power Corporation (TSX: CPX) (“Capital Power” or “the Company”) was held on April ...
Plans for $2.4B carbon capture and storage project near Edmonton have been cancelled
Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant.
Capital Power: Leveraging Acquisitions For Sustainable Expansion
Capital Power Corporation 2024 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Capital Power Corporation in conjunction with their 2024 Q1 earnings call.
Capital Power Corporation (CPXWF) Q1 2024 Earnings Call Transcript
Capital Power announces first quarter 2024 results
EDMONTON, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2024. Financial highlights Generated adjusted ...
Capital Power declares CAD 0.615 dividend
Capital Power (CPXWF) declares CAD 0.615/share quarterly dividend, in line with previous. Forward yield 6.95% Payable July 31; for shareholders of record June 28; ex-div June 28.
Capital Power declares dividends for its Common and Preference shares
EDMONTON, Alberta, April 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.615 per share on the outstanding commo...
Capital Power to release first quarter 2024 results on May 1 and host 2024 Investor Day webcast on May 8
EDMONTON, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its first quarter results before the markets open on May 1, 2024. A conference call and webcast ...
Capital Power signs large-scale virtual power purchase agreement with Saputo Inc.
EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP). The long-term commitment,...
Capital Power Corporation (CPXWF) Q4 2023 Earnings Call Transcript
Capital Power GAAP EPS of C$0.74, revenue of C$984M
Capital Power announces fourth quarter and year-end 2023 results
EDMONTON, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter and year ended December 31, 2023. Financial highlights In the...
Capital Power declares dividends for its Common and Preference shares
EDMONTON, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.615 per share on the outstanding common...