Michael Novelli - TransAlta Corp Executive Vice President - Generation

TAC Stock  USD 10.79  0.04  0.37%   

President

Michael Novelli is Executive Vice President - Generation of TransAlta Corp since 2020.
Tenure 4 years
Address TransAlta Place, Calgary, AB, Canada, T2G 1B1
Phone403-267-7110
Webhttps://www.transalta.com

TransAlta Corp Management Efficiency

The company has Return on Asset of 0.042 % which means that on every $100 spent on assets, it made $0.042 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0995 %, implying that it generated $0.0995 on every 100 dollars invested. TransAlta Corp's management efficiency ratios could be used to measure how well TransAlta Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09. The current year's Return On Capital Employed is expected to grow to 0.17. At present, TransAlta Corp's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 308.8 M, whereas Other Current Assets are forecasted to decline to about 263.9 M.
TransAlta Corp has 4.21 B in debt with debt to equity (D/E) ratio of 1.58, which is OK given its current industry classification. TransAlta Corp has a current ratio of 1.1, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for TransAlta to invest in growth at high rates of return.

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TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. The company was founded in 1909 and is headquartered in Calgary, Canada. Transalta Corp operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 1282 people. TransAlta Corp (TAC) is traded on New York Stock Exchange in USA. It is located in TransAlta Place, Calgary, AB, Canada, T2G 1B1 and employs 1,257 people. TransAlta Corp is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification.

Management Performance

TransAlta Corp Leadership Team

Elected by the shareholders, the TransAlta Corp's board of directors comprises two types of representatives: TransAlta Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TransAlta. The board's role is to monitor TransAlta Corp's management team and ensure that shareholders' interests are well served. TransAlta Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TransAlta Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dawn Farrell, CEO and President and Non-Independent Director
James Klager, Executive Vice President - Coal and Mining Operations
John Dielwart, Independent Chairman of the Board
Shasta Kadonaga, Senior Vice President - Shared Services
Alan Fohrer, Independent Director
Kerry OReilly, Chief Compliance Officer, Chief Legal Officer
David Little, Senior Growth
Sandra Sharman, Independent Director
Joel Hunter, Executive CFO
Yakout Mansour, Independent Director
Stacey Hatcher, Manager Communications
John Kousinioris, Chief Legal and Compliance Officer and Corporate Secretary
Robert Flexon, Independent Director
Brett Gellner, Chief Strategy and Investment Officer
Blain Melle, Executive Vice President Alberta Business
Maria Perry, MD Talent
Gary Woods, Managing Renewables
Michelle Cameron, VP Controller
Kerry Wilks, Executive Vice President - Legal, Commercial & External Affairs
Jennifer Pierce, Senior Vice President - Trading and Marketing
Aron Willis, Senior Vice President - Gas and Renewables
Bryan Pinney, Independent Director
Chris Fralick, Executive Generation
Brent Ward, Senior Vice President - M&A, Strategy & Treasurer
Chiara Valentini, Manager Relations
Jane Fedoretz, Executive Vice President - People, Talent and Transformation
Todd Stack, Chief Financial Officer, Executive Vice President - Finance
Beverlee Park, Independent Director
Laura Folse, Independent Director
James Reid, Independent Director
Thomas OFlynn, Independent Director
Scott Jeffers, Acting Secretary
Michael Novelli, Executive Vice President - Generation
Sarah Slusser, Independent Director
Ronalee Ambrose, Independent Director
Nancy Brennan, Executive Legal
Georgia Nelson, Independent Director
Wayne Collins, Executive Vice President - Coal and Mining Operations
Dawn Lima, Chief Human Resources and Communications Officer
Harry Goldgut, Independent Director
Richard Legault, Independent Director

TransAlta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TransAlta Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether TransAlta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TransAlta Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transalta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transalta Corp Stock:
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Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAlta Corp. If investors know TransAlta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAlta Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.235
Earnings Share
0.27
Revenue Per Share
9.166
Quarterly Revenue Growth
(0.37)
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.