CAPITAL POWER (CPX) Stocks

ABOUT CAPITAL POWER

Capital Power Corporation is a power generation company. Its portfolio includes the development, purchase, owning and operating of several power generating facilities. These facilities generate power by using several energy sources.

The company operates 25 facilities throughout North America, with the capacity to generate more than 5 100 megawatts of power.

Capital Power Corporation employs nearly 1 000 people and is headquartered in Edmonton, Alberta, Canada.

OVERVIEW OF CAPITAL POWER

• Capital Power Corporation is founded in 1891 as Edmonton Electric Lighting and Power Company. The company is split into two businesses in 2009 and Capital Power L.P. is formed. It has a 49 percent voting interest and 100 percent economic interest in a holding company, CPI Investments.

• The company has its initial public offering the same year. It develops and operates Clover Bar Centre in these years and adds three natural gas turbines to its portfolio.

• In 2010 Capital Power Corporation buys a gas-fired cycle power plant at Campbell River, British Columbia, named Island Generation Facility. Atlantic Power Corporation buys Capital Power Corporation in 2011.

• The company’s Brown Lake and Miller Creek hydro facilities are purchased in October 2012 by Innergex Renewable Energy Inc.

• During 2017 the company buys Veresen Inc., a thermal power business. This adds two gas-fired generation facilities as well as two waste heat assets to the company’s portfolio.

VISION AND VALUES OF CAPITAL POWER

• Capital Power Corporation is well known for its value-added services, competitive prices and shareholder returns. It has received numerous awards and recognitions through the years. Some of these include:
  • World’s Most Ethical Companies from the Ethisphere Institute (one of only six in the energy and utilities industry and one of only three in Canada for 2019).
  • Corporate Knights’ 2019 Best 50 Corporate Citizens in Canada for nine consecutive years.
  • Alberta’s Top Employers 2019 for four consecutive years.
  • Canadian Electricity Association Innovation Award from Centre of Excellence for the second time.
  • Finance and Sustainability Initiative’s Best Sustainability Report Award.
  • Nielsen Norman World’s 10 Best-Designed Intranets Award.
  • Canadian Electricity Association Occupational Health and Safety Award for the sixth time.
  • North American Wind Deal of the Year.
  • Alberta’s Top 70 Employers for the third time.
  • Corporate Contributions to the Enrichment of the Hole School of Construction and Engineering Award.
  • Alberta Venture’s Award for Alberta’s Best Workplaces for Training and Development.
  • Propellus Volunteer Awards for Outstanding Employee Volunteer programs.

MARKET PERFORMANCE OF CAPITAL POWER

• Capital Power Corporation trades on the Toronto Stock Exchange under the TSX stock symbol CPX.

• Data analysis for Capital Power Corporation’s third quarter results for the period ending September 30, 2019 reports revenues and other income of US Dollar 517 million. Adjusted EBITDA is US Dollar 284 million. Adjusted funds from operations are US Dollar 225 million and adjusted funds from operations per share is US Dollar 2.11.

Buy CAPITAL POWER stocks / shares – A Step by Step Guide how to Buy / Purchase CAPITAL POWER Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CAPITAL POWER Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CAPITAL POWER STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CAPITAL POWER STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CAPITAL POWER stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy CAPITAL POWER stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?