TAC vs. WES, DTM, WTRG, ELPC, KNTK, BEP, TXNM, CIG, CWEN, and ELP
Should you be buying TransAlta stock or one of its competitors? The main competitors of TransAlta include Western Midstream Partners (WES), DT Midstream (DTM), Essential Utilities (WTRG), Companhia Paranaense de Energia - Copel (ELPC), Kinetik (KNTK), Brookfield Renewable Partners (BEP), TXNM Energy (TXNM), Comp En De Mn Cemig ADS (CIG), Clearway Energy (CWEN), and Companhia Paranaense de Energia (COPEL) (ELP). These companies are all part of the "utilities" industry.
TransAlta vs. Its Competitors
TransAlta (NYSE:TAC) and Western Midstream Partners (NYSE:WES) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, institutional ownership, valuation, dividends, earnings, profitability and media sentiment.
TransAlta pays an annual dividend of $0.18 per share and has a dividend yield of 1.2%. Western Midstream Partners pays an annual dividend of $3.64 per share and has a dividend yield of 9.5%. TransAlta pays out -42.9% of its earnings in the form of a dividend. Western Midstream Partners pays out 112.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TransAlta has increased its dividend for 2 consecutive years and Western Midstream Partners has increased its dividend for 5 consecutive years. Western Midstream Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
TransAlta has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, Western Midstream Partners has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500.
Western Midstream Partners has a net margin of 34.45% compared to TransAlta's net margin of -6.79%. Western Midstream Partners' return on equity of 37.70% beat TransAlta's return on equity.
In the previous week, Western Midstream Partners had 1 more articles in the media than TransAlta. MarketBeat recorded 3 mentions for Western Midstream Partners and 2 mentions for TransAlta. TransAlta's average media sentiment score of 0.67 beat Western Midstream Partners' score of 0.63 indicating that TransAlta is being referred to more favorably in the media.
TransAlta presently has a consensus target price of $19.88, indicating a potential upside of 34.70%. Western Midstream Partners has a consensus target price of $39.60, indicating a potential upside of 3.87%. Given TransAlta's stronger consensus rating and higher possible upside, equities analysts clearly believe TransAlta is more favorable than Western Midstream Partners.
59.0% of TransAlta shares are held by institutional investors. Comparatively, 84.8% of Western Midstream Partners shares are held by institutional investors. 13.1% of TransAlta shares are held by insiders. Comparatively, 0.0% of Western Midstream Partners shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Western Midstream Partners has higher revenue and earnings than TransAlta. TransAlta is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.
Summary
Western Midstream Partners beats TransAlta on 13 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding TAC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
TransAlta Competitors List
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This page (NYSE:TAC) was last updated on 10/6/2025 by MarketBeat.com Staff
