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AltaGas TSX:ALA.PRE Stock Report

Last Price

CA$24.98

Market Cap

CA$8.7b

7D

0%

1Y

22.5%

Updated

27 Mar, 2024

Data

Company Financials +

This company listing is no longer active

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AltaGas Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for AltaGas
Historical stock prices
Current Share PriceCA$24.98
52 Week HighCA$25.28
52 Week LowCA$19.47
Beta1.22
1 Month Change0%
3 Month Change0%
1 Year Change22.45%
3 Year Change13.03%
5 Year Change34.74%
Change since IPO-0.08%

Recent News & Updates

Recent updates

Shareholder Returns

ALA.PRECA Gas UtilitiesCA Market
7D0%0.01%-1.4%
1Y22.5%18.3%8.6%

Return vs Industry: ALA.PRE exceeded the Canadian Gas Utilities industry which returned -6.4% over the past year.

Return vs Market: ALA.PRE exceeded the Canadian Market which returned 9% over the past year.

Price Volatility

Is ALA.PRE's price volatile compared to industry and market?
ALA.PRE volatility
ALA.PRE Average Weekly Movementn/a
Gas Utilities Industry Average Movement3.2%
Market Average Movement8.5%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.2%

Stable Share Price: ALA.PRE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine ALA.PRE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,045Vern Yuwww.altagas.ca

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.

AltaGas Ltd. Fundamentals Summary

How do AltaGas's earnings and revenue compare to its market cap?
ALA.PRE fundamental statistics
Market capCA$8.68b
Earnings (TTM)CA$641.00m
Revenue (TTM)CA$13.00b

13.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALA.PRE income statement (TTM)
RevenueCA$13.00b
Cost of RevenueCA$10.11b
Gross ProfitCA$2.89b
Other ExpensesCA$2.24b
EarningsCA$641.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.17
Gross Margin22.20%
Net Profit Margin4.93%
Debt/Equity Ratio119.5%

How did ALA.PRE perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/27 19:35
End of Day Share Price 2023/12/29 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AltaGas Ltd. is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Anthony LintonBarclays
Benjamin PhamBMO Capital Markets Equity Research