Analyst Notes Capital Power's Utility-Like Cash Flow Profile After Earnings Beat
1 report, 1 independent
Updated Nov 3
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What happened
Capital Power Corp. reported quarterly adjusted EBITDA of $553 million, exceeding analyst estimates. National Bank Financial analyst Patrick Kenny noted the company possesses a "utility-like cash flow quality profile." The company also reiterated its full-year financial guidance.
From theglobeandmail.com
Why it matters
The company maintained a 75-per-cent contracted EBITDA profile with a weighted average contract duration of nine to 11 years. Capital Power has contracted 2 GW through 2025/2026 and has 3 GW of capacity available to contract prior to 2029, including upside opportunities in the AESO and PJM markets.
From theglobeandmail.com
Who's involved
- KennyAnalyst who emphasized Capital Power Corp.'s utility-like cash flow profile
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The entities involved
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Kenny
Indonesian politician (born 1992 in Baturaja)
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