Capital Power (CPX.TO)

It has been a victim of merciless interest rates. Have many operations in Alberta and doing well. Today, two companies including Blackrock, have announced a deal to buy two US gas-powered plants. He still likes it.

We consider it an OK stock: not the best, but certainly priced well to reflect this, at barely 7X earnings. EPS is expected to fall nearly 30% next year which tempers our enthusiasm. Lower rates (if and when) should help the stock and the overall sector. 
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The market now likes growth as opposed to dividend stocks but dividend stocks are still good for the longer term.

In renewables, but more on the utilities side. So while he's offloaded some renewables, he's held onto this one. Has renewable assets through the States. Recent cost overrun of about 23%, but they can still absorb the cost with what's happening with power prices in Alberta.

It is at a reasonable valuation and beat in Q1. Its assets in Alberta are good and its dividend is safe. Growth is falling.

Has since sold shares.
Strong dividend yield. 
Excellent long term prospects.
Large business across North America.

Great dividend yield of about 5.7%. Issues with solar subsidiaries. Weaker guidance for 2023. Alberta power prices should be weaker this quarter. Great company, should continue to do well. Pick it up here, stock should do better.

He targets $45.87 and pays a good 5.75% yield. It earns more than its dividend. Shocking. It has pulled back. If it breaks $42.25, shares will go lower. What will happen to interest rates? Buy a little, but exit at $42.25.

They successfully transitioned from coal to gas and other green energy. An excellent long-term performer, but 27% over 3 years. Was up last year in a down year.

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Good dividend yield of 4.5%. Recent acquisition of Mid-land Cogen Facility. Management increased FY2022 guidance. Long-term strategy to shift towards renewable energy. Unlock Premium - Try 5i Free