Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on CAPITAL POWER CORP. We currently have 6 research reports from 1 professional analysts.
|21Feb17 13:00||MKW||Capital Power reports fourth quarter and year-end 2016 results|
|17Feb17 21:00||MKW||Capital Power declares dividends for its Common and Preference shares|
|24Mar16 13:00||MKW||Capital Power Terminates Sundance C Power Purchase Arrangement|
|18Feb16 21:57||MKW||Capital Power Reports Fourth Quarter and Year-End 2015 Results|
|18Feb16 21:00||MKW||Capital Power Declares Dividends for Its Common and Cumulative Rate Reset Preference Shares|
|27Nov15 14:00||MKW||Capital Power Announces Approval of Amended Normal Course Issuer Bid for Purchase of up to 8.37 Million of Its Common Shares|
|23Nov15 14:00||MKW||Capital Power Responds to Alberta's Climate Leadership Plan|
Frequency of research reports
Research reports on
CAPITAL POWER CORP
CAPITAL POWER CORP
ANNOUNCES $150 MM PREF OFFERING
22 Sep 16
Impact: Neutral, as the Company looks to refinance and reduce its outstanding credit facility. Including this bought deal, preferred equity will be valued at $675 mm - $725 mm; we would assume that the impact to CFPS and EPS will be net neutral as preferred share dividends will offset interest costs.
ISSUES 10-YEAR NOTE AT 3.85%
13 Sep 16
Impact: Neutral Capital Power has issued a C$160 mm 10-year unsecured note that carries an interest rate of 3.85%. The purchaser is Prudential Capital Group, who also holds a US$75 mm note issued by a wholly owned subsidiary of Capital Power. This new note ranks pari-passu with Capital Power's other senior unsecured borrowings.
Reports Positive 2Q16 and 6.8% Dividend Increase
26 Jul 16
Capital Power’s 2Q16 results were positive: adjusted EPS was $0.30/share (FCC/ Street $0.18/share); FFO was $106 mm (FCC $88 mm). The Company increased its quarterly dividend by 6% to an annualized $1.56/share. We have increased our 12-month target price to $19.00/share and forecast a 12-month total return of 2% from the July 25, 2016 closing price of $20.06/share.
1Q16 RESULTS: ADJ. EPS $0.33 ("STREET": $0.34, FCC $0.33)
25 Apr 16
Capital Power's reported adjusted EPS of $0.33/sh was in line with FirstEnergy's estimated $0.33/sh and the street's $0.34/share. The adjustment does not include the $46 mm post-tax charge for Capital Power's termination of the Sundance PPA, effective March 24, 2016; with this charge, actual EPS was a loss of $0.11/sh.
20 Feb 17
Hayward Tyler Group* (HAYT): Trading update and financial position (CORP) | Petra Diamonds (PDL): Interim results (BUY) | Gemfields* (GEM): Interim results (CORP) | Premaitha Health* (NIPT): Middle East momentum (CORP) | Sound Energy (SOU): Acquisition update and TE-8 well spud (HOLD) | Proactis* (PHD): Interim trading on track (CORP) | 7digital* (7DIG): Automotive contract win (CORP)
21 Feb 17
Lighthouse Group* (LGT): Middle Britain growth (CORP) | Utilitywise* (UTW): Double-digit sales growth (CORP) | Trakm8* (TRAK): Earnings expectations cut again (CORP) | dotDigital* (DOTC): Myriad growth opportunities (CORP) | Artilium* (ARTA): Five-year Telenet deal secured and prepaid (CORP) | Netcall* (NET): Cloud investment pays off (CORP)
N+1 Singer - Small-cap quantitative research - New quality style screen + 11 quality focus stocks
09 Feb 17
We introduce our fourth and final style screen representing “quality”. This screens for stocks with the best combination of high returns on capital/equity, EBIT margins and operating cash-flow conversion rates. These criteria should help us monitor how strong underlying returns translate into share price performance over time and under varying market conditions. The screen selects the “best” 25 stocks from our universe of just over 500 stocks and, as usual, we focus on a shorter list of stocks we cover or otherwise know and believe to be particularly interesting. We provide brief investment summaries on these focus stocks on pages 4 – 9. We will monitor performance and refresh the screen in approximately 3-4 months time.
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
Time to go over weight
24 Feb 17
We believe equity investors are taking an unnecessarily cautious stance on the construction sector. Forward looking indicators (e.g. consumer confidence, construction PMIs and housing starts) point to a stable market and recent sales LFL are particularly encouraging (e.g. Marshalls). Near term margins may suffer temporary distortions as inflationary pressures build. However, history has shown that modest input cost inflation is actually a positive for earnings growth in the sector. Therefore, as we move into 2018, margin trends are likely to surprise on the upside.
N+1 Singer - Morning Song 22-02-2017
22 Feb 17
CORETX (COR LN) Contract wins and new Lifestyle facility | Gooch & Housego (GHH LN) Solid Q1 trading plus earnings enhancing acquisition of StingRay Optics | NCC Group (NCC LN) Further issues in Assurance | PCI-PAL (PCIP LN) Strong H1 underpins positive outlook | UBM (UBM LN) Results | Verona Pharma (VRP LN) Phase IIa RPL554 add-on trial to tiotropium commenced