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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Emera Incorporated (EMA $64.79)
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Capital Power Corporation (CPX $59.73)
- $59.73 P/E (TTM): 18.44X Cap: $9.23B
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Brookfield Infrastructure Partners L.P. (BIP.UN $42.42)
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Hydro One Limited (H $49.28)
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Q: Hi Guys;

I own FTS in my non registered account and I am looking for a complimentary holding in my TFSA. Which of the companies listed above would you prefer and why?

DON

Read Answer Asked by Donald on August 22, 2025

Fortis Inc. (FTS $68.37)
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Brookfield Renewable Partners L.P. (BEP.UN $35.03)
- $35.03 Cap: $23.04B
- View BEP.UN Profile
- View Questions on BEP.UN
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Capital Power Corporation (CPX $59.73)
- $59.73 P/E (TTM): 18.44X Cap: $9.23B
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TransAlta Corporation (TA $17.51)
- $17.51 Cap: $5.18B
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Q: Brookfield was a significant beneficiary of large investments in clean power from the tech giants. Do you see other utilities in Canada or US benefiting similarly in the future? It seems that the utilities space offers a potentially stable growth space going forward with power demand going up. Is this worth the effort, for example, compared to chips or software as a growth investment avenue.

Read Answer Asked by Peter on August 05, 2025

Brookfield Renewable Partners L.P. (BEP.UN $35.03)
- $35.03 Cap: $23.04B
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Capital Power Corporation (CPX $59.73)
- $59.73 P/E (TTM): 18.44X Cap: $9.23B
- View CPX Profile
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Q: This week was the stock was weak. What is your analysis about the company? Its a good holding for income but it is not doing well price wise when compared to CPX:T.
Thanks
Piyush

Read Answer Asked by Piyush on August 05, 2025