Review of Capital Power Corporation

DEC 10, 2024 - CPX builds, owns and operates power generation facilities with a focus on renewables and thermal energy sources. CPX has had a very strong performance thus far in 2024 as the company continues to execute its growth project, integrate acquisitions, and grow its US operations. The stock has seen its multiples expand from trading under 10x forward earnings at the beginning of the year to now trading at 19x. While we see a path for CPX to become a prominent player in the Canadian renewables space, we do not think that this year’s performance is a basis for the future

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BCE Inc. (BCE $33.01)
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Capital Power Corporation (CPX $66.47)
- $66.47 P/E (TTM): 85.99X Cap: $10.39B
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Celestica Inc. (CLS $542.89)
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HIVE Digital Technologies Ltd. (HIVE $3.39)
- $3.39 Cap: $844M
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Q: The Canadian sovereign-computing initiative is meant to ensure that advanced computing power and sensitive data remain under Canadian legal control. Which companies will be obvious winners? Can you suggest entry prices ?

Read Answer Asked by v on April 06, 2026

Enbridge Inc. (ENB $72.09)
- $72.09 P/E (TTM): 22.04X Cap: $157.32B
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Fortis Inc. (FTS $77.93)
- $77.93 P/E (TTM): 22.39X Cap: $39.67B
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Capital Power Corporation (CPX $66.47)
- $66.47 P/E (TTM): 85.99X Cap: $10.39B
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Q: I do not own any utilities. Which are your 2 best managed, solid blue chip dividend paying utilities?

Read Answer Asked by Brad on March 31, 2026

Enbridge Inc. (ENB $72.09)
- $72.09 P/E (TTM): 22.04X Cap: $157.32B
- View ENB Profile
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Capital Power Corporation (CPX $66.47)
- $66.47 P/E (TTM): 85.99X Cap: $10.39B
- View CPX Profile
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- View Reports on CPX
Brookfield Infrastructure Partners L.P. (BIP.UN $50.07)
- $50.07 Cap: $22.90B
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Q: Can you suggest utility stocks to hold for the long term? I currently own capital power, Enbridge and Brookefield infrastructure.

I noted TA is a best stock recommendation but is it too much overlap with CPX?

Read Answer Asked by Simon on March 25, 2026