Q3 earnings rebound, 2026 guidance held as portfolio reshaping advances
Q3 adjusted EBITDA rose and common-share earnings returned to profit, while 2026 guidance was reaffirmed amid lower Alberta spot prices.
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what happened
Adjusted EBITDA for the third quarter increased, and earnings attributable to common shares returned to profit. However, nine-month EBITDA and free cash flow remained below last year's levels.
The 2026 guidance was reaffirmed despite lower spot prices in Alberta. The company is also reshaping its portfolio, with a gas acquisition in Colorado and the divestment of a wind asset in Oklahoma.
The information comes from TradingView, which published an automated summary and notes that it may contain inaccuracies.
why it matters
For markets, the quarterly profit recovery is positive, but cumulative nine-month results still trail last year. A reaffirmed outlook reduces the risk of expectation cuts, and the portfolio changes alter the generation mix that investors will weigh when valuing the business.
market impact
Alberta power: weaker spot prices pressure revenue for generators in the region
- Alberta spot power prices pressure down — lower spot prices in Alberta reduce generators' revenue from power sales
tags
instruments
sources
- TA: Q3 earnings rebounded; 2026 guidance held as portfolio reshaping advanced — TradingView, 3 November 2026 at 13:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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