AltaGas（AQ3）株式概要AltaGas Ltd.は北米でエネルギー・インフラストラクチャー企業として事業を展開している。 詳細AQ3 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績2/6財務の健全性0/6配当金2/6報酬当社が推定した公正価値より39.5%で取引されている 収益は年間25.89%増加すると予測されています リスク分析利払いは収益で十分にカバーされない 2.52%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るAQ3 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€33.0015.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1m17b2016201920222025202620282031Revenue CA$17.4bEarnings CA$686.0mAdvancedSet Fair ValueView all narrativesAltaGas Ltd. 競合他社UniperSymbol: XTRA:UN0Market cap: €22.1bMVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bE.ONSymbol: XTRA:EOANMarket cap: €47.9bOsaka GasSymbol: TSE:9532Market cap: JP¥2.2t価格と性能株価の高値、安値、推移の概要AltaGas過去の株価現在の株価CA$33.0052週高値CA$33.0052週安値CA$23.20ベータ0.491ヶ月の変化9.27%3ヶ月変化21.32%1年変化37.50%3年間の変化110.19%5年間の変化109.32%IPOからの変化164.00%最新ニュースDeclared Dividend • 4hFirst quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02AltaGas Ltd. announces Quarterly dividend, payable on June 30, 2026AltaGas Ltd. announced Quarterly dividend of CAD 0.3340 per share payable on June 30, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.お知らせ • Apr 02AltaGas Ltd. to Report Q1, 2026 Results on Apr 30, 2026AltaGas Ltd. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026お知らせ • Mar 07Altagas Ltd. Reiterates Earnings Guidance for the Full Year 2026Altagas Ltd. reiterated Earnings Guidance for the full year 2026. For the period, the company reiterated its guidance normalized net income per share of $2.20 to $2.45.お知らせ • Mar 06Altagas Ltd. Announces Board Changes, Effective May 1, 2026AltaGas Ltd. announced that its Board of Directors has approved a planned transition of the Board Chair role, effective May 1, 2026, following the Company's 2026 Annual Meeting of Shareholders. Derek Evans has been appointed as the next Board Chair. Pentti Karkkainen will continue to serve as Chair until May 1, 2026, and will remain on the Board as an active Director thereafter to support continuity and ongoing Board leadership. Derek Evans is a distinguished energy industry leader with more than four decades of experience. Most recently, he served as President and Chief Executive Officer of MEG Energy, where he led a successful turnaround and delivered significant shareholder value over his six-year tenure, prior to his retirement in 2024. Previously, Mr. Evans served as President and Chief Executive Officer of Pengrowth Energy and Focus Energy Trust, and earlier in his career held senior operational and leadership roles at Renaissance Energy. Mr. Evans also serves as a Director of Franco-Nevada Corporation, where he is Chair of the Compensation and ESG Committee. He is actively involved with several not-for-profit organizations.お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, Apr 30, 2026AltaGas Ltd., Annual General Meeting, Apr 30, 2026.最新情報をもっと見るRecent updatesDeclared Dividend • 4hFirst quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02AltaGas Ltd. announces Quarterly dividend, payable on June 30, 2026AltaGas Ltd. announced Quarterly dividend of CAD 0.3340 per share payable on June 30, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.お知らせ • Apr 02AltaGas Ltd. to Report Q1, 2026 Results on Apr 30, 2026AltaGas Ltd. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026お知らせ • Mar 07Altagas Ltd. Reiterates Earnings Guidance for the Full Year 2026Altagas Ltd. reiterated Earnings Guidance for the full year 2026. For the period, the company reiterated its guidance normalized net income per share of $2.20 to $2.45.お知らせ • Mar 06Altagas Ltd. Announces Board Changes, Effective May 1, 2026AltaGas Ltd. announced that its Board of Directors has approved a planned transition of the Board Chair role, effective May 1, 2026, following the Company's 2026 Annual Meeting of Shareholders. Derek Evans has been appointed as the next Board Chair. Pentti Karkkainen will continue to serve as Chair until May 1, 2026, and will remain on the Board as an active Director thereafter to support continuity and ongoing Board leadership. Derek Evans is a distinguished energy industry leader with more than four decades of experience. Most recently, he served as President and Chief Executive Officer of MEG Energy, where he led a successful turnaround and delivered significant shareholder value over his six-year tenure, prior to his retirement in 2024. Previously, Mr. Evans served as President and Chief Executive Officer of Pengrowth Energy and Focus Energy Trust, and earlier in his career held senior operational and leadership roles at Renaissance Energy. Mr. Evans also serves as a Director of Franco-Nevada Corporation, where he is Chair of the Compensation and ESG Committee. He is actively involved with several not-for-profit organizations.お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, Apr 30, 2026AltaGas Ltd., Annual General Meeting, Apr 30, 2026.お知らせ • Feb 06AltaGas Ltd. to Report Q4, 2025 Results on Mar 06, 2026AltaGas Ltd. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 06, 2026お知らせ • Jan 07+ 1 more updateAltaGas Ltd. Announces Retirement of James Harbilas, Altagas as Executive Vice President on April 1, 2026AltaGas Ltd. announced that James Harbilas, AltaGas' Executive Vice President will retire on April 1, 2026. James will assume the role of Strategic Advisor until his retirement.お知らせ • Dec 02AltaGas Ltd. Proposes Dividend for the First Quarter of 2026, Payable on March 31, 2026The Board of Directors of AltaGas Ltd. approved a 6% increase to the annual common share dividend to $1.34 per share for the 2026 calendar year, which equates to a rate of $0.334 per common share on a quarterly basis. Subject To Approve the Board of Directors, the first quarterly dividend of $0.334 per common share is expected to be effective for the March 2026 dividend and will be paid on March 31, 2026, to common shareholders of record on March 16, 2026. These dividends are eligible dividends for Canadian income tax purposes.お知らせ • Nov 07AltaGas Ltd. has completed a Follow-on Equity Offering in the amount of CAD 400.465 million.AltaGas Ltd. has completed a Follow-on Equity Offering in the amount of CAD 400.465 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 10,100,000 Price\Range: CAD 39.65 Discount Per Security: CAD 1.586 Transaction Features: Regulation S; Rule 144Aお知らせ • Nov 04AltaGas Ltd. has filed a Follow-on Equity Offering in the amount of CAD 400.465 million.AltaGas Ltd. has filed a Follow-on Equity Offering in the amount of CAD 400.465 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 10,100,000 Price\Range: CAD 39.65お知らせ • Oct 30Altagas Ltd. Declares Quarterly Dividend, Payable on December 31, 2025AltaGas Ltd. declared a quarterly dividend of $0.315 per common share, payable on December 31, 2025, to shareholders of record on December 16, 2025.お知らせ • Oct 10AltaGas Ltd. to Report Q3, 2025 Results on Oct 30, 2025AltaGas Ltd. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025お知らせ • Sep 30AltaGas Ltd. Appoints Bill Bullock to Its Board of Directors, Effective October 1, 2025AltaGas Ltd. announced the appointment of William ("Bill") Bullock as a new Independent Director, effective October 1, 2025. Mr. Bullock will serve as a member of AltaGas' Audit Committee. Including Mr. Bullock's appointment, AltaGas' Board of Directors ("Board") will be comprised of 11 members. Mr. Bullock is an industry veteran and distinguished leader in the energy sector with nearly four decades of experience. Most recently, he served as Executive Vice President and Chief Financial Officer of ConocoPhillips until his retirement in May 2025. Prior thereto Bill had an extensive career working throughout ConocoPhillips, including as President of Asia Pacific & Middle East operations, Vice President of Corporate Planning & Development, and in a variety of senior roles spanning engineering, operations, commercial and business development. Mr. Bullock brings extensive experience working across complex global operations, throughout different regulatory jurisdictions, and across the upstream, midstream and downstream energy markets. Mr. Bullock currently serves on the Board of Kodiak Gas Services, a leading natural gas contract compression service provider in the U.S. He also serves as chair of the Engineering Advisory Council at Texas A&M University, the Joint Advisory Council for Texas A&M University at Qatar, and is an active member in his community, including serving as a Director of the Boy Scouts of America - Sam Houston Area Council.お知らせ • Aug 01AltaGas Ltd. Declares Quarterly Dividend, Payable on September 29, 2025AltaGas Ltd. declared a quarterly dividend of $0.315 per common share, payable on September 29, 2025, to shareholders of record on September 16, 2025.お知らせ • Jul 06AltaGas Ltd. to Report Q2, 2025 Results on Aug 01, 2025AltaGas Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025お知らせ • May 02+ 1 more updateAltaGas Ltd. Reiterates Dividend Guidance for 2025 to 2029AltaGas Ltd. Reiterated Dividend Guidance for 2025 to 2029. For the period, the company reiterated its expectation of 5% to 7% compounded annual growth rate ("CAGR") guidance on dividends to 2029.お知らせ • Apr 04AltaGas Ltd. to Report Q1, 2025 Results on May 01, 2025AltaGas Ltd. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025お知らせ • Feb 10AltaGas Ltd., Annual General Meeting, May 01, 2025AltaGas Ltd., Annual General Meeting, May 01, 2025.お知らせ • Feb 07AltaGas Ltd. to Report Q4, 2024 Results on Mar 07, 2025AltaGas Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 07, 2025お知らせ • Jan 07AltaGas Ltd. Appoints Derek Evans as Independent Director and Committee'sAltaGas Ltd. announced the appointment of Derek Evans as a new Independent Director, effective January 7, 2025. Mr. Evans will serve as a member of AltaGas' Audit Committee and its Environment, Health and Safety Committee. With Mr. Evans' appointment, AltaGas increased the size of the Board of Directors (‘Board’) to 11 members. Mr. Evans is an industry veteran and distinguished leader in the energy sector with more than four decades of experience. Most recently, Mr. Evans served as President and CEO of MEG Energy, where he played a critical role in turning around the company and driving substantial shareholder value over his six-year tenure, until his retirement in 2024. Previously Mr. Evans was President and CEO of Pengrowth Energy and Focus Energy Trust, and he spent his formative years in senior operational and leadership roles at Renaissance Energy. Mr. Evans is a strong advocate for the energy industry and the important role it plays in keeping society moving. This includes currently serving as Executive Chair of the Pathways Alliance, a partnership between Canada's largest energy producers, which is focused on advancing environmental innovation and project development, including carbon capture and storage. Mr. Evans is also a Director of Franco-Nevada, a leading gold-focused royalty and streaming company, where he serves as Chair of the Compensation and ESG Committee. He also volunteers and has been active with several not-for-profit organizations.お知らせ • Dec 03Altagas Ltd. Increases Annual Dividend for the Calendar Year 2025 and Proposes First Quarterly Dividend, Payable on March 31, 2025AltaGas Ltd.’s board of directors approved a 6% increase to the annual common share dividend to CAD 1.26 per share for the 2025 calendar year, which equates to a rate of CAD 0.315 per common share on a quarterly basis. Subject To Approve the board of directors, the first quarterly dividend of CAD 0.315 per common share is expected to be effective for the March 2025 dividend and will be paid on March 31, 2025, to common shareholders of record on March 17, 2025. These dividends are eligible dividends for Canadian income tax purposes.Declared Dividend • Nov 04Third quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 02+ 1 more updateAltaGas Ltd. Reiterates Financial Guidance for the Year 2024AltaGas Ltd. reiterated financial guidance for the year 2024. The company reiterating 2024 normalized EPS guidance of CAD 2.05 to CAD 2.25, compared to normalized EPS of CAD 1.90 and GAAP EPS of CAD 2.27 in 2023.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: CA$0.03 (vs CA$0.18 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$0.03 (up from CA$0.18 loss in 3Q 2023). Revenue: CA$2.76b (down 8.9% from 3Q 2023). Net income: CA$9.00m (up CA$59.0m from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 05AltaGas Ltd. to Report Q3, 2024 Results on Oct 31, 2024AltaGas Ltd. announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024Upcoming Dividend • Sep 09Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 27 September 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.7%).New Risk • Aug 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €554k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (485% cash payout ratio). Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Significant insider selling over the past 3 months (€554k sold).Declared Dividend • Aug 05Second quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 16th September 2024 Payment date: 27th September 2024 Dividend yield will be 4.1%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (485% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 106% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Dividend is not well covered by cash flows (485% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Reported Earnings • Aug 02Second quarter 2024 earnings released: CA$0.14 loss per share (vs CA$0.47 profit in 2Q 2023)Second quarter 2024 results: CA$0.14 loss per share (down from CA$0.47 profit in 2Q 2023). Revenue: CA$2.78b (up 5.5% from 2Q 2023). Net loss: CA$42.0m (down 132% from profit in 2Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 01AltaGas Ltd. Maintains Earnings Guidance for the Year 2024AltaGas Ltd. maintains earnings guidance for the year 2024. For the period, the company normalized EPS guidance of CAD 2.05 - CAD 2.25, compared to normalized EPS of CAD 1.90 and GAAP EPS of CAD 2.27 in 2023.お知らせ • Jul 12AltaGas Ltd. to Report Q2, 2024 Results on Aug 01, 2024AltaGas Ltd. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 01, 2024Recent Insider Transactions • Jun 27Executive VP & President of Midstream recently sold €407k worth of stockOn the 21st of June, Randy Toone sold around 20k shares on-market at roughly €20.37 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €796k. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.4%).Declared Dividend • May 06First quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 03+ 1 more updateAltaGas Ltd. Approves Dividend, Payable on June 28, 2024AltaGas Ltd. approves a dividend of $0.2975 per share Payment Date June 28, 2024 and Record June 14, 2024.Reported Earnings • May 03First quarter 2024 earnings released: EPS: CA$1.38 (vs CA$1.58 in 1Q 2023)First quarter 2024 results: EPS: CA$1.38 (down from CA$1.58 in 1Q 2023). Revenue: CA$3.66b (down 9.7% from 1Q 2023). Net income: CA$408.0m (down 8.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 12AltaGas Ltd. to Report Q1, 2024 Results on May 02, 2024AltaGas Ltd. announced that they will report Q1, 2024 results Pre-Market on May 02, 2024New Risk • Apr 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €893k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (197% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Significant insider selling over the past 3 months (€893k sold).Recent Insider Transactions • Apr 08Executive VP & President of Midstream recently sold €796k worth of stockOn the 4th of April, Randy Toone sold around 40k shares on-market at roughly €19.91 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CA$2.27 (vs CA$1.42 in FY 2022)Full year 2023 results: EPS: CA$2.27 (up from CA$1.42 in FY 2022). Revenue: CA$13.0b (down 7.7% from FY 2022). Net income: CA$641.0m (up 61% from FY 2022). Profit margin: 4.9% (up from 2.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.お知らせ • Mar 08Altagas Ltd. Reaffirms Earnings Guidance for the Year of 2024AltaGas Ltd. reaffirmed earnings guidance for the year of 2024. For the year, company expected normalized EPS guidance of $2.05 - $2.25, compared to normalized EPS of $1.90 and GAAP EPS of $2.27 in 2023.Upcoming Dividend • Mar 07Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.9%).お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, May 02, 2024AltaGas Ltd., Annual General Meeting, May 02, 2024.お知らせ • Feb 06AltaGas Ltd. to Report Q4, 2023 Results on Mar 08, 2024AltaGas Ltd. announced that they will report Q4, 2023 results Pre-Market on Mar 08, 2024New Risk • Jan 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Significant insider selling over the past 3 months (€1.8m sold).Upcoming Dividend • Dec 07Upcoming dividend of CA$0.28 per share at 4.0% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.2%).お知らせ • Dec 05+ 1 more updateAltaGas Ltd. Increases Annual Dividend for the Calendar Year 2024 and Proposes First Quarterly Dividend, Payable on March 29, 2024AltaGas Ltd. announced that its board of directors approved a 6% increase to the annual common share dividend to $1.19 per share annually for the 2024 calendar year, which equates to a rate of $0.2975 per common share on a quarterly basis. Subject To Approve the Board of Directors, the first quarterly dividend of $0.2975 per common share is expected to be effective for the March 2024 dividend and will be paid on March 29, 2024, to common shareholders of record on March 15, 2024. These dividends are eligible dividends for Canadian income tax purposes.New Risk • Nov 18New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.9m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.9m sold).Recent Insider Transactions • Nov 12President recently bought €900k worth of stockOn the 8th of November, Vern Yu bought around 50k shares on-market at roughly €17.99 per share. This transaction increased Vern's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Vern has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 63% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Nov 04+ 1 more updateAltaGas Ltd. Provides Earnings Guidance for the Year 2023AltaGas Ltd. provided earnings guidance for the year 2023. 2023 Normalized EPS guidance of $1.85 - $2.05, compared to normalized EPS of $1.89 and GAAP EPS of $1.42 in 2022.Reported Earnings • Nov 04Third quarter 2023 earnings released: CA$0.18 loss per share (vs CA$0.17 loss in 3Q 2022)Third quarter 2023 results: CA$0.18 loss per share (further deteriorated from CA$0.17 loss in 3Q 2022). Revenue: CA$3.03b (flat on 3Q 2022). Net loss: CA$50.0m (loss widened 4.2% from 3Q 2022). Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Oct 14AltaGas Ltd. to Report Q3, 2023 Results on Nov 03, 2023AltaGas Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023Upcoming Dividend • Sep 07Upcoming dividend of CA$0.28 per share at 4.2% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%).お知らせ • Sep 01AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million.AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million on August 30, 2023. Total consideration of CAD 650 million is comprised of CAD 325 million in cash and the issuance of 12.5 million AltaGas common shares to Tidewater, priced at $26.07, based on AltaGas’ The transaction is expected to be five percent EPS accretive in 2025 forward while being 0.1x net debt to normalized EBITDA credit accretive in 2025 forward. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close prior to 2023 year-end. RBC Capital Markets are acting as financial advisors and Burnet Duckworth & Palmer LLP are acting as legal advisors to AltaGas on the transaction.お知らせ • Aug 17Altagas Ltd. Announces Appointment of A New Independent Director, Angela LekatsasAltaGas Ltd. announced the appointment of a new Independent Director, Angela Lekatsas, effective September 1, 2023, which will increase the board of directors (the "Board") size to 11 directors. Ms. Lekatsas will also serve as a member of AltaGas' Audit Committee. Ms. Lekatsas is a recently retired executive with over two decades of broad industry and corporate finance experience. Most recently, she served as President and CEO of Cervus Equipment Corporation ("Cervus") until its acquisition in late 2021, providing agriculture, transportation and industrial equipment solutions across Canada, Australia and New Zealand. Prior to her appointment as President and CEO, Ms. Lekatsas served as an Independent Director of Cervus, including Chair of its Audit Committee. Previously, Angela was a senior executive with Nutrien Ltd. ("Nutrien"), and its predecessor company Agrium Inc., for 15 years, where she held various roles spanning Corporate Development, Operations, Finance and Risk. Prior to Nutrien, Ms. Lekatsas worked in public practice accounting with a focus on financial institutions, large transactions and cross border listed companies. Ms. Lekatsas currently serves on the Board of Directors of Baytex Energy Corp., where she is a member of its Audit Committee and Nominating and Governance Committee. Ms. Lekatsas has a Bachelor of Commerce Degree from the University of Saskatchewan, is a Chartered Professional Accountant, and holds the ICD.D designation from the Institute of Corporate Directors.New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Jul 29+ 1 more updateAltaGas Ltd. Reiterates Earnings Guidance for the Year 2023AltaGas Ltd. reiterated earnings guidance for the year 2023. The company expects 2023 Normalized EPS guidance of $1.85 - $2.05 per share, compared to actual normalized EPS of $1.89 and GAAP EPS of $1.42 in 2022.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CA$0.47 (vs CA$0.13 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.47 (up from CA$0.13 in 2Q 2022). Revenue: CA$2.63b (down 19% from 2Q 2022). Net income: CA$133.0m (up 280% from 2Q 2022). Profit margin: 5.1% (up from 1.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 12AltaGas Ltd. to Report Q2, 2023 Results on Jul 28, 2023AltaGas Ltd. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023Upcoming Dividend • Jun 09Upcoming dividend of CA$0.28 per share at 4.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.6%).お知らせ • May 09+ 1 more updateAltaGas Ltd. Announces the Appointment of Vern Yu as the Company's Next Chief Executive Officer, Effective July 1, 2023AltaGas Ltd. announced the appointment of Vern Yu as the company's next Chief Executive Officer, effective July 1, 2023. Mr. Yu will also join AltaGas' Board of Directors at the same time. The announcement follows an extensive global search process conducted by the Transition Committee of the Board, which included the evaluation of highly qualified internal and external candidates and was aided with the support of a global executive search firm. Mr. Yu joins AltaGas after a successful three-decade career at Enbridge Inc. where he most recently served as Executive Vice President, Corporate Development, Chief Financial Officer and President, New Energy Technologies. During his three decades at Enbridge, Vern held various roles of increasing responsibility across the company, including its Utilities and Midstream segments with strong experience across Canadian and U.S. operations. This includes Mr. Yu previously serving as Executive Vice President and President, Liquids Pipelines and prior to that as Executive Vice President and Chief Development Officer. Over the past decade, Vern played a leading role in securing more than $30 billion in new growth projects, completion of the Line 3 replacement project, leading Enbridge's entry into European offshore wind market, and leading various acquisitions that were aligned with advancing Enbridge's corporate strategy.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: CA$1.58 (vs CA$1.27 in 1Q 2022)First quarter 2023 results: EPS: CA$1.58 (up from CA$1.27 in 1Q 2022). Revenue: CA$4.05b (up 4.0% from 1Q 2022). Net income: CA$445.0m (up 25% from 1Q 2022). Profit margin: 11% (up from 9.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 08Upcoming dividend of CA$0.28 per share at 4.7% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (4.7%).Reported Earnings • Mar 03Full year 2022 earnings released: EPS: CA$1.42 (vs CA$0.82 in FY 2021)Full year 2022 results: EPS: CA$1.42 (up from CA$0.82 in FY 2021). Revenue: CA$14.1b (up 33% from FY 2021). Net income: CA$399.0m (up 74% from FY 2021). Profit margin: 2.8% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 13% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Feb 15AltaGas Ltd. to Report Q4, 2022 Results on Mar 02, 2023AltaGas Ltd. announced that they will report Q4, 2022 results Pre-Market on Mar 02, 2023Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Independent Director Jon-Al Duplantier was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Dec 21Independent Director recently bought €322k worth of stockOn the 16th of December, David Cornhill bought around 20k shares on-market at roughly €16.09 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €650k more in shares than they bought in the last 12 months.Upcoming Dividend • Dec 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.5%).Recent Insider Transactions • Nov 30Executive VP & President of Midstream recently sold €875k worth of stockOn the 23rd of November, Randy Toone sold around 54k shares on-market at roughly €16.20 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €972k more than they bought in the last 12 months.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.089 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.13 (up from CA$0.089 in 3Q 2021). Revenue: CA$3.06b (up 31% from 3Q 2021). Net income: CA$36.0m (up 44% from 3Q 2021). Profit margin: 1.2% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 10% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 29 September 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%).Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.086 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.13 (up from CA$0.086 in 2Q 2021). Revenue: CA$3.24b (up 61% from 2Q 2021). Net income: CA$35.0m (up 46% from 2Q 2021). Profit margin: 1.1% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 25% compared to a 12% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CA$1.27 (vs CA$1.21 in 1Q 2021)First quarter 2022 results: EPS: CA$1.27 (up from CA$1.21 in 1Q 2021). Revenue: CA$3.89b (up 26% from 1Q 2021). Net income: CA$357.0m (up 5.9% from 1Q 2021). Profit margin: 9.2% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 24% compared to a 6.4% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Recent Insider Transactions • Apr 10Insider recently sold €97k worth of stockOn the 7th of April, Deborah Stein sold around 5k shares on-market at roughly €21.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €156k more than they bought in the last 12 months.Upcoming Dividend • Mar 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 31 March 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.6%).Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CA$0.82 (down from CA$1.74 in FY 2020). Revenue: CA$10.6b (up 89% from FY 2020). Net income: CA$230.0m (down 53% from FY 2020). Profit margin: 2.2% (down from 8.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Over the next year, revenue is expected to shrink by 28% compared to a 6.2% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.株主還元AQ3DE Gas UtilitiesDE 市場7D2.5%0.5%2.0%1Y37.5%20.1%-0.1%株主還元を見る業界別リターン: AQ3過去 1 年間で19.4 % の収益を上げたGerman Gas Utilities業界を上回りました。リターン対市場: AQ3過去 1 年間で-1.3 % の収益を上げたGerman市場を上回りました。価格変動Is AQ3's price volatile compared to industry and market?AQ3 volatilityAQ3 Average Weekly Movement4.3%Gas Utilities Industry Average Movement3.3%Market Average Movement6.2%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: AQ3 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: AQ3の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19942,853Vern Yuwww.altagas.caAltaGas Ltd.は北米でエネルギー・インフラストラクチャー企業として事業を展開している。ユーティリティ部門とミッドストリーム部門がある。公益事業部門は、メリーランド州、バージニア州、デラウェア州、ペンシルベニア州、オハイオ州、コロンビア特別区で、約160万人の顧客に天然ガスの配給と貯蔵を行う、フランチャイズ方式、サービス料金制の公益事業会社を所有・運営している。また、州間の天然ガス輸送・貯蔵サービスも提供している。中流部門は、天然ガスの収集、加工、抽出を行い、日量12億立方フィート(Bcf/d)の抽出処理能力、日量約12億立方フィート(Bcf/d)の未加工ガス処理能力、分留・液体処理事業、天然ガス・天然ガス液体の販売事業を行っている。また、LPGの輸出・販売、物流、トラック・鉄道ターミナル、液体貯蔵事業も行っている。さらに、カリフォルニア州で508メガワットの発電能力を持つガス火力発電および配電資産を運営している。家庭用、商業用、工業用の顧客にサービスを提供している。アルタガス社は1994年に設立され、カナダのカルガリーに本社を置いている。もっと見るAltaGas Ltd. 基礎のまとめAltaGas の収益と売上を時価総額と比較するとどうか。AQ3 基礎統計学時価総額€10.50b収益（TTM）€314.10m売上高(TTM)€7.95b32.9xPER（株価収益率1.3xP/SレシオAQ3 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計AQ3 損益計算書（TTM）収益CA$12.71b売上原価CA$9.33b売上総利益CA$3.38bその他の費用CA$2.88b収益CA$502.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.61グロス・マージン26.59%純利益率3.95%有利子負債／自己資本比率100.7%AQ3 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.5%現在の配当利回り77%配当性向AQ3 配当は確実ですか？AQ3 配当履歴とベンチマークを見るAQ3 、いつまでに購入すれば配当金を受け取れますか？AltaGas 配当日配当落ち日Jun 16 2026配当支払日Jun 30 2026配当落ちまでの日数26 days配当支払日までの日数40 daysAQ3 配当は確実ですか？AQ3 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 02:40終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋AltaGas Ltd. 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Nathan HeywoodATB CormarkBrent WatsonATB Cormark Historical (Cormark Securities)Anthony LintonBarclays21 その他のアナリストを表示
Declared Dividend • 4hFirst quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02AltaGas Ltd. announces Quarterly dividend, payable on June 30, 2026AltaGas Ltd. announced Quarterly dividend of CAD 0.3340 per share payable on June 30, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.
お知らせ • Apr 02AltaGas Ltd. to Report Q1, 2026 Results on Apr 30, 2026AltaGas Ltd. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026
お知らせ • Mar 07Altagas Ltd. Reiterates Earnings Guidance for the Full Year 2026Altagas Ltd. reiterated Earnings Guidance for the full year 2026. For the period, the company reiterated its guidance normalized net income per share of $2.20 to $2.45.
お知らせ • Mar 06Altagas Ltd. Announces Board Changes, Effective May 1, 2026AltaGas Ltd. announced that its Board of Directors has approved a planned transition of the Board Chair role, effective May 1, 2026, following the Company's 2026 Annual Meeting of Shareholders. Derek Evans has been appointed as the next Board Chair. Pentti Karkkainen will continue to serve as Chair until May 1, 2026, and will remain on the Board as an active Director thereafter to support continuity and ongoing Board leadership. Derek Evans is a distinguished energy industry leader with more than four decades of experience. Most recently, he served as President and Chief Executive Officer of MEG Energy, where he led a successful turnaround and delivered significant shareholder value over his six-year tenure, prior to his retirement in 2024. Previously, Mr. Evans served as President and Chief Executive Officer of Pengrowth Energy and Focus Energy Trust, and earlier in his career held senior operational and leadership roles at Renaissance Energy. Mr. Evans also serves as a Director of Franco-Nevada Corporation, where he is Chair of the Compensation and ESG Committee. He is actively involved with several not-for-profit organizations.
お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, Apr 30, 2026AltaGas Ltd., Annual General Meeting, Apr 30, 2026.
Declared Dividend • 4hFirst quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02AltaGas Ltd. announces Quarterly dividend, payable on June 30, 2026AltaGas Ltd. announced Quarterly dividend of CAD 0.3340 per share payable on June 30, 2026, ex-date on June 16, 2026 and record date on June 16, 2026.
お知らせ • Apr 02AltaGas Ltd. to Report Q1, 2026 Results on Apr 30, 2026AltaGas Ltd. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026
お知らせ • Mar 07Altagas Ltd. Reiterates Earnings Guidance for the Full Year 2026Altagas Ltd. reiterated Earnings Guidance for the full year 2026. For the period, the company reiterated its guidance normalized net income per share of $2.20 to $2.45.
お知らせ • Mar 06Altagas Ltd. Announces Board Changes, Effective May 1, 2026AltaGas Ltd. announced that its Board of Directors has approved a planned transition of the Board Chair role, effective May 1, 2026, following the Company's 2026 Annual Meeting of Shareholders. Derek Evans has been appointed as the next Board Chair. Pentti Karkkainen will continue to serve as Chair until May 1, 2026, and will remain on the Board as an active Director thereafter to support continuity and ongoing Board leadership. Derek Evans is a distinguished energy industry leader with more than four decades of experience. Most recently, he served as President and Chief Executive Officer of MEG Energy, where he led a successful turnaround and delivered significant shareholder value over his six-year tenure, prior to his retirement in 2024. Previously, Mr. Evans served as President and Chief Executive Officer of Pengrowth Energy and Focus Energy Trust, and earlier in his career held senior operational and leadership roles at Renaissance Energy. Mr. Evans also serves as a Director of Franco-Nevada Corporation, where he is Chair of the Compensation and ESG Committee. He is actively involved with several not-for-profit organizations.
お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, Apr 30, 2026AltaGas Ltd., Annual General Meeting, Apr 30, 2026.
お知らせ • Feb 06AltaGas Ltd. to Report Q4, 2025 Results on Mar 06, 2026AltaGas Ltd. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 06, 2026
お知らせ • Jan 07+ 1 more updateAltaGas Ltd. Announces Retirement of James Harbilas, Altagas as Executive Vice President on April 1, 2026AltaGas Ltd. announced that James Harbilas, AltaGas' Executive Vice President will retire on April 1, 2026. James will assume the role of Strategic Advisor until his retirement.
お知らせ • Dec 02AltaGas Ltd. Proposes Dividend for the First Quarter of 2026, Payable on March 31, 2026The Board of Directors of AltaGas Ltd. approved a 6% increase to the annual common share dividend to $1.34 per share for the 2026 calendar year, which equates to a rate of $0.334 per common share on a quarterly basis. Subject To Approve the Board of Directors, the first quarterly dividend of $0.334 per common share is expected to be effective for the March 2026 dividend and will be paid on March 31, 2026, to common shareholders of record on March 16, 2026. These dividends are eligible dividends for Canadian income tax purposes.
お知らせ • Nov 07AltaGas Ltd. has completed a Follow-on Equity Offering in the amount of CAD 400.465 million.AltaGas Ltd. has completed a Follow-on Equity Offering in the amount of CAD 400.465 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 10,100,000 Price\Range: CAD 39.65 Discount Per Security: CAD 1.586 Transaction Features: Regulation S; Rule 144A
お知らせ • Nov 04AltaGas Ltd. has filed a Follow-on Equity Offering in the amount of CAD 400.465 million.AltaGas Ltd. has filed a Follow-on Equity Offering in the amount of CAD 400.465 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 10,100,000 Price\Range: CAD 39.65
お知らせ • Oct 30Altagas Ltd. Declares Quarterly Dividend, Payable on December 31, 2025AltaGas Ltd. declared a quarterly dividend of $0.315 per common share, payable on December 31, 2025, to shareholders of record on December 16, 2025.
お知らせ • Oct 10AltaGas Ltd. to Report Q3, 2025 Results on Oct 30, 2025AltaGas Ltd. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025
お知らせ • Sep 30AltaGas Ltd. Appoints Bill Bullock to Its Board of Directors, Effective October 1, 2025AltaGas Ltd. announced the appointment of William ("Bill") Bullock as a new Independent Director, effective October 1, 2025. Mr. Bullock will serve as a member of AltaGas' Audit Committee. Including Mr. Bullock's appointment, AltaGas' Board of Directors ("Board") will be comprised of 11 members. Mr. Bullock is an industry veteran and distinguished leader in the energy sector with nearly four decades of experience. Most recently, he served as Executive Vice President and Chief Financial Officer of ConocoPhillips until his retirement in May 2025. Prior thereto Bill had an extensive career working throughout ConocoPhillips, including as President of Asia Pacific & Middle East operations, Vice President of Corporate Planning & Development, and in a variety of senior roles spanning engineering, operations, commercial and business development. Mr. Bullock brings extensive experience working across complex global operations, throughout different regulatory jurisdictions, and across the upstream, midstream and downstream energy markets. Mr. Bullock currently serves on the Board of Kodiak Gas Services, a leading natural gas contract compression service provider in the U.S. He also serves as chair of the Engineering Advisory Council at Texas A&M University, the Joint Advisory Council for Texas A&M University at Qatar, and is an active member in his community, including serving as a Director of the Boy Scouts of America - Sam Houston Area Council.
お知らせ • Aug 01AltaGas Ltd. Declares Quarterly Dividend, Payable on September 29, 2025AltaGas Ltd. declared a quarterly dividend of $0.315 per common share, payable on September 29, 2025, to shareholders of record on September 16, 2025.
お知らせ • Jul 06AltaGas Ltd. to Report Q2, 2025 Results on Aug 01, 2025AltaGas Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025
お知らせ • May 02+ 1 more updateAltaGas Ltd. Reiterates Dividend Guidance for 2025 to 2029AltaGas Ltd. Reiterated Dividend Guidance for 2025 to 2029. For the period, the company reiterated its expectation of 5% to 7% compounded annual growth rate ("CAGR") guidance on dividends to 2029.
お知らせ • Apr 04AltaGas Ltd. to Report Q1, 2025 Results on May 01, 2025AltaGas Ltd. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025
お知らせ • Feb 10AltaGas Ltd., Annual General Meeting, May 01, 2025AltaGas Ltd., Annual General Meeting, May 01, 2025.
お知らせ • Feb 07AltaGas Ltd. to Report Q4, 2024 Results on Mar 07, 2025AltaGas Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 07, 2025
お知らせ • Jan 07AltaGas Ltd. Appoints Derek Evans as Independent Director and Committee'sAltaGas Ltd. announced the appointment of Derek Evans as a new Independent Director, effective January 7, 2025. Mr. Evans will serve as a member of AltaGas' Audit Committee and its Environment, Health and Safety Committee. With Mr. Evans' appointment, AltaGas increased the size of the Board of Directors (‘Board’) to 11 members. Mr. Evans is an industry veteran and distinguished leader in the energy sector with more than four decades of experience. Most recently, Mr. Evans served as President and CEO of MEG Energy, where he played a critical role in turning around the company and driving substantial shareholder value over his six-year tenure, until his retirement in 2024. Previously Mr. Evans was President and CEO of Pengrowth Energy and Focus Energy Trust, and he spent his formative years in senior operational and leadership roles at Renaissance Energy. Mr. Evans is a strong advocate for the energy industry and the important role it plays in keeping society moving. This includes currently serving as Executive Chair of the Pathways Alliance, a partnership between Canada's largest energy producers, which is focused on advancing environmental innovation and project development, including carbon capture and storage. Mr. Evans is also a Director of Franco-Nevada, a leading gold-focused royalty and streaming company, where he serves as Chair of the Compensation and ESG Committee. He also volunteers and has been active with several not-for-profit organizations.
お知らせ • Dec 03Altagas Ltd. Increases Annual Dividend for the Calendar Year 2025 and Proposes First Quarterly Dividend, Payable on March 31, 2025AltaGas Ltd.’s board of directors approved a 6% increase to the annual common share dividend to CAD 1.26 per share for the 2025 calendar year, which equates to a rate of CAD 0.315 per common share on a quarterly basis. Subject To Approve the board of directors, the first quarterly dividend of CAD 0.315 per common share is expected to be effective for the March 2025 dividend and will be paid on March 31, 2025, to common shareholders of record on March 17, 2025. These dividends are eligible dividends for Canadian income tax purposes.
Declared Dividend • Nov 04Third quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 02+ 1 more updateAltaGas Ltd. Reiterates Financial Guidance for the Year 2024AltaGas Ltd. reiterated financial guidance for the year 2024. The company reiterating 2024 normalized EPS guidance of CAD 2.05 to CAD 2.25, compared to normalized EPS of CAD 1.90 and GAAP EPS of CAD 2.27 in 2023.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: CA$0.03 (vs CA$0.18 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$0.03 (up from CA$0.18 loss in 3Q 2023). Revenue: CA$2.76b (down 8.9% from 3Q 2023). Net income: CA$9.00m (up CA$59.0m from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 05AltaGas Ltd. to Report Q3, 2024 Results on Oct 31, 2024AltaGas Ltd. announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024
Upcoming Dividend • Sep 09Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 27 September 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.7%).
New Risk • Aug 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €554k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (485% cash payout ratio). Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Significant insider selling over the past 3 months (€554k sold).
Declared Dividend • Aug 05Second quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 16th September 2024 Payment date: 27th September 2024 Dividend yield will be 4.1%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (485% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 106% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Dividend is not well covered by cash flows (485% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Reported Earnings • Aug 02Second quarter 2024 earnings released: CA$0.14 loss per share (vs CA$0.47 profit in 2Q 2023)Second quarter 2024 results: CA$0.14 loss per share (down from CA$0.47 profit in 2Q 2023). Revenue: CA$2.78b (up 5.5% from 2Q 2023). Net loss: CA$42.0m (down 132% from profit in 2Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 01AltaGas Ltd. Maintains Earnings Guidance for the Year 2024AltaGas Ltd. maintains earnings guidance for the year 2024. For the period, the company normalized EPS guidance of CAD 2.05 - CAD 2.25, compared to normalized EPS of CAD 1.90 and GAAP EPS of CAD 2.27 in 2023.
お知らせ • Jul 12AltaGas Ltd. to Report Q2, 2024 Results on Aug 01, 2024AltaGas Ltd. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 01, 2024
Recent Insider Transactions • Jun 27Executive VP & President of Midstream recently sold €407k worth of stockOn the 21st of June, Randy Toone sold around 20k shares on-market at roughly €20.37 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €796k. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.4%).
Declared Dividend • May 06First quarter dividend of CA$0.30 announcedShareholders will receive a dividend of CA$0.30. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 03+ 1 more updateAltaGas Ltd. Approves Dividend, Payable on June 28, 2024AltaGas Ltd. approves a dividend of $0.2975 per share Payment Date June 28, 2024 and Record June 14, 2024.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: CA$1.38 (vs CA$1.58 in 1Q 2023)First quarter 2024 results: EPS: CA$1.38 (down from CA$1.58 in 1Q 2023). Revenue: CA$3.66b (down 9.7% from 1Q 2023). Net income: CA$408.0m (down 8.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 12AltaGas Ltd. to Report Q1, 2024 Results on May 02, 2024AltaGas Ltd. announced that they will report Q1, 2024 results Pre-Market on May 02, 2024
New Risk • Apr 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €893k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (197% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Significant insider selling over the past 3 months (€893k sold).
Recent Insider Transactions • Apr 08Executive VP & President of Midstream recently sold €796k worth of stockOn the 4th of April, Randy Toone sold around 40k shares on-market at roughly €19.91 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CA$2.27 (vs CA$1.42 in FY 2022)Full year 2023 results: EPS: CA$2.27 (up from CA$1.42 in FY 2022). Revenue: CA$13.0b (down 7.7% from FY 2022). Net income: CA$641.0m (up 61% from FY 2022). Profit margin: 4.9% (up from 2.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Mar 08Altagas Ltd. Reaffirms Earnings Guidance for the Year of 2024AltaGas Ltd. reaffirmed earnings guidance for the year of 2024. For the year, company expected normalized EPS guidance of $2.05 - $2.25, compared to normalized EPS of $1.90 and GAAP EPS of $2.27 in 2023.
Upcoming Dividend • Mar 07Upcoming dividend of CA$0.30 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.9%).
お知らせ • Feb 09AltaGas Ltd., Annual General Meeting, May 02, 2024AltaGas Ltd., Annual General Meeting, May 02, 2024.
お知らせ • Feb 06AltaGas Ltd. to Report Q4, 2023 Results on Mar 08, 2024AltaGas Ltd. announced that they will report Q4, 2023 results Pre-Market on Mar 08, 2024
New Risk • Jan 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Significant insider selling over the past 3 months (€1.8m sold).
Upcoming Dividend • Dec 07Upcoming dividend of CA$0.28 per share at 4.0% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.2%).
お知らせ • Dec 05+ 1 more updateAltaGas Ltd. Increases Annual Dividend for the Calendar Year 2024 and Proposes First Quarterly Dividend, Payable on March 29, 2024AltaGas Ltd. announced that its board of directors approved a 6% increase to the annual common share dividend to $1.19 per share annually for the 2024 calendar year, which equates to a rate of $0.2975 per common share on a quarterly basis. Subject To Approve the Board of Directors, the first quarterly dividend of $0.2975 per common share is expected to be effective for the March 2024 dividend and will be paid on March 29, 2024, to common shareholders of record on March 15, 2024. These dividends are eligible dividends for Canadian income tax purposes.
New Risk • Nov 18New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.9m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.9m sold).
Recent Insider Transactions • Nov 12President recently bought €900k worth of stockOn the 8th of November, Vern Yu bought around 50k shares on-market at roughly €17.99 per share. This transaction increased Vern's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Vern has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.
New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 63% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Nov 04+ 1 more updateAltaGas Ltd. Provides Earnings Guidance for the Year 2023AltaGas Ltd. provided earnings guidance for the year 2023. 2023 Normalized EPS guidance of $1.85 - $2.05, compared to normalized EPS of $1.89 and GAAP EPS of $1.42 in 2022.
Reported Earnings • Nov 04Third quarter 2023 earnings released: CA$0.18 loss per share (vs CA$0.17 loss in 3Q 2022)Third quarter 2023 results: CA$0.18 loss per share (further deteriorated from CA$0.17 loss in 3Q 2022). Revenue: CA$3.03b (flat on 3Q 2022). Net loss: CA$50.0m (loss widened 4.2% from 3Q 2022). Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Oct 14AltaGas Ltd. to Report Q3, 2023 Results on Nov 03, 2023AltaGas Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.28 per share at 4.2% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%).
お知らせ • Sep 01AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million.AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million on August 30, 2023. Total consideration of CAD 650 million is comprised of CAD 325 million in cash and the issuance of 12.5 million AltaGas common shares to Tidewater, priced at $26.07, based on AltaGas’ The transaction is expected to be five percent EPS accretive in 2025 forward while being 0.1x net debt to normalized EBITDA credit accretive in 2025 forward. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close prior to 2023 year-end. RBC Capital Markets are acting as financial advisors and Burnet Duckworth & Palmer LLP are acting as legal advisors to AltaGas on the transaction.
お知らせ • Aug 17Altagas Ltd. Announces Appointment of A New Independent Director, Angela LekatsasAltaGas Ltd. announced the appointment of a new Independent Director, Angela Lekatsas, effective September 1, 2023, which will increase the board of directors (the "Board") size to 11 directors. Ms. Lekatsas will also serve as a member of AltaGas' Audit Committee. Ms. Lekatsas is a recently retired executive with over two decades of broad industry and corporate finance experience. Most recently, she served as President and CEO of Cervus Equipment Corporation ("Cervus") until its acquisition in late 2021, providing agriculture, transportation and industrial equipment solutions across Canada, Australia and New Zealand. Prior to her appointment as President and CEO, Ms. Lekatsas served as an Independent Director of Cervus, including Chair of its Audit Committee. Previously, Angela was a senior executive with Nutrien Ltd. ("Nutrien"), and its predecessor company Agrium Inc., for 15 years, where she held various roles spanning Corporate Development, Operations, Finance and Risk. Prior to Nutrien, Ms. Lekatsas worked in public practice accounting with a focus on financial institutions, large transactions and cross border listed companies. Ms. Lekatsas currently serves on the Board of Directors of Baytex Energy Corp., where she is a member of its Audit Committee and Nominating and Governance Committee. Ms. Lekatsas has a Bachelor of Commerce Degree from the University of Saskatchewan, is a Chartered Professional Accountant, and holds the ICD.D designation from the Institute of Corporate Directors.
New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Jul 29+ 1 more updateAltaGas Ltd. Reiterates Earnings Guidance for the Year 2023AltaGas Ltd. reiterated earnings guidance for the year 2023. The company expects 2023 Normalized EPS guidance of $1.85 - $2.05 per share, compared to actual normalized EPS of $1.89 and GAAP EPS of $1.42 in 2022.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CA$0.47 (vs CA$0.13 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.47 (up from CA$0.13 in 2Q 2022). Revenue: CA$2.63b (down 19% from 2Q 2022). Net income: CA$133.0m (up 280% from 2Q 2022). Profit margin: 5.1% (up from 1.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 12AltaGas Ltd. to Report Q2, 2023 Results on Jul 28, 2023AltaGas Ltd. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023
Upcoming Dividend • Jun 09Upcoming dividend of CA$0.28 per share at 4.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.6%).
お知らせ • May 09+ 1 more updateAltaGas Ltd. Announces the Appointment of Vern Yu as the Company's Next Chief Executive Officer, Effective July 1, 2023AltaGas Ltd. announced the appointment of Vern Yu as the company's next Chief Executive Officer, effective July 1, 2023. Mr. Yu will also join AltaGas' Board of Directors at the same time. The announcement follows an extensive global search process conducted by the Transition Committee of the Board, which included the evaluation of highly qualified internal and external candidates and was aided with the support of a global executive search firm. Mr. Yu joins AltaGas after a successful three-decade career at Enbridge Inc. where he most recently served as Executive Vice President, Corporate Development, Chief Financial Officer and President, New Energy Technologies. During his three decades at Enbridge, Vern held various roles of increasing responsibility across the company, including its Utilities and Midstream segments with strong experience across Canadian and U.S. operations. This includes Mr. Yu previously serving as Executive Vice President and President, Liquids Pipelines and prior to that as Executive Vice President and Chief Development Officer. Over the past decade, Vern played a leading role in securing more than $30 billion in new growth projects, completion of the Line 3 replacement project, leading Enbridge's entry into European offshore wind market, and leading various acquisitions that were aligned with advancing Enbridge's corporate strategy.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: CA$1.58 (vs CA$1.27 in 1Q 2022)First quarter 2023 results: EPS: CA$1.58 (up from CA$1.27 in 1Q 2022). Revenue: CA$4.05b (up 4.0% from 1Q 2022). Net income: CA$445.0m (up 25% from 1Q 2022). Profit margin: 11% (up from 9.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 08Upcoming dividend of CA$0.28 per share at 4.7% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (4.7%).
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: CA$1.42 (vs CA$0.82 in FY 2021)Full year 2022 results: EPS: CA$1.42 (up from CA$0.82 in FY 2021). Revenue: CA$14.1b (up 33% from FY 2021). Net income: CA$399.0m (up 74% from FY 2021). Profit margin: 2.8% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 13% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Feb 15AltaGas Ltd. to Report Q4, 2022 Results on Mar 02, 2023AltaGas Ltd. announced that they will report Q4, 2022 results Pre-Market on Mar 02, 2023
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Independent Director Jon-Al Duplantier was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Dec 21Independent Director recently bought €322k worth of stockOn the 16th of December, David Cornhill bought around 20k shares on-market at roughly €16.09 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €650k more in shares than they bought in the last 12 months.
Upcoming Dividend • Dec 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.5%).
Recent Insider Transactions • Nov 30Executive VP & President of Midstream recently sold €875k worth of stockOn the 23rd of November, Randy Toone sold around 54k shares on-market at roughly €16.20 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €972k more than they bought in the last 12 months.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.089 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.13 (up from CA$0.089 in 3Q 2021). Revenue: CA$3.06b (up 31% from 3Q 2021). Net income: CA$36.0m (up 44% from 3Q 2021). Profit margin: 1.2% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 10% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 29 September 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%).
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.086 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.13 (up from CA$0.086 in 2Q 2021). Revenue: CA$3.24b (up 61% from 2Q 2021). Net income: CA$35.0m (up 46% from 2Q 2021). Profit margin: 1.1% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 25% compared to a 12% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CA$1.27 (vs CA$1.21 in 1Q 2021)First quarter 2022 results: EPS: CA$1.27 (up from CA$1.21 in 1Q 2021). Revenue: CA$3.89b (up 26% from 1Q 2021). Net income: CA$357.0m (up 5.9% from 1Q 2021). Profit margin: 9.2% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 24% compared to a 6.4% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Apr 10Insider recently sold €97k worth of stockOn the 7th of April, Deborah Stein sold around 5k shares on-market at roughly €21.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €156k more than they bought in the last 12 months.
Upcoming Dividend • Mar 08Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 31 March 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.6%).
Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CA$0.82 (down from CA$1.74 in FY 2020). Revenue: CA$10.6b (up 89% from FY 2020). Net income: CA$230.0m (down 53% from FY 2020). Profit margin: 2.2% (down from 8.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Over the next year, revenue is expected to shrink by 28% compared to a 6.2% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
