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

Download Report

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

Enbridge Inc. (ENB $75.83)
- $75.83 P/E (TTM): 28.43X Cap: $165.48B
- View ENB Profile
- View Questions on ENB
- View Reports on ENB
Capital Power Corporation (CPX $65.55)
- $65.55 P/E (TTM): 79.09X Cap: $10.25B
- View CPX Profile
- View Questions on CPX
- View Reports on CPX
Brookfield Infrastructure Partners L.P. (BIP.UN $48.49)
- $48.49 P/E (TTM): 96.84X Cap: $22.32B
- View BIP.UN Profile
- View Questions on BIP.UN

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

Fortis Inc. (FTS $77.29)
- $77.29 P/E (TTM): 21.69X Cap: $39.21B
- View FTS Profile
- View Questions on FTS
Capital Power Corporation (CPX $65.55)
- $65.55 P/E (TTM): 79.09X Cap: $10.25B
- View CPX Profile
- View Questions on CPX
- View Reports on CPX
Hydro One Limited (H $56.77)
- $56.77 P/E (TTM): 26.09X Cap: $34.28B
- View H Profile
- View Questions on H
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $54.68)
- $54.68 Cap: $7.94B
- View BEPC Profile
- View Questions on BEPC
Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $59.93)
- $59.93 P/E (TTM): 29.17X Cap: $98.17B
- View BAM Profile
- View Questions on BAM

Q: I am deficient in utilities. I would like to purchase one Canadian company in the sector. Could you rank these 5 companies (you can add to the list if I missed a good company) with a brief explanation for your choice. I am looking at total return (gains + dividends).

Read Answer Asked by jacques on March 25, 2026

Bank of Nova Scotia (The) (BNS $94.09)
- $94.09 P/E (TTM): 23.34X Cap: $115.96B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Enbridge Inc. (ENB $75.83)
- $75.83 P/E (TTM): 28.43X Cap: $165.48B
- View ENB Profile
- View Questions on ENB
- View Reports on ENB
Sun Life Financial Inc. (SLF $85.26)
- $85.26 P/E (TTM): 14.08X Cap: $47.23B
- View SLF Profile
- View Questions on SLF
- View Reports on SLF
WSP Global Inc. (WSP $212.73)
- $212.73 P/E (TTM): 29.55X Cap: $28.67B
- View WSP Profile
- View Questions on WSP
- View Reports on WSP
Capital Power Corporation (CPX $65.55)
- $65.55 P/E (TTM): 79.09X Cap: $10.25B
- View CPX Profile
- View Questions on CPX
- View Reports on CPX
Badger Infrastructure Solutions Ltd. (BDGI $62.31)
- $62.31 P/E (TTM): 25.41X Cap: $2.10B
- View BDGI Profile
- View Questions on BDGI
- View Reports on BDGI
Exchange Income Corporation (EIF $102.26)
- $102.26 P/E (TTM): 34.48X Cap: $5.73B
- View EIF Profile
- View Questions on EIF

Q: What are your three best midcaps and large caps with reasonable dividends? Am i too late to the parade?

Read Answer Asked by Geoff on March 24, 2026