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AltaGas TSX:ALA Stock Report

Last Price

CA$39.67

Market Cap

CA$11.8b

7D

0.2%

1Y

32.5%

Updated

22 Apr, 2025

Data

Company Financials +

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

AltaGas Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for AltaGas
Historical stock prices
Current Share PriceCA$39.67
52 Week HighCA$40.35
52 Week LowCA$29.51
Beta0.81
1 Month Change3.01%
3 Month Change15.05%
1 Year Change32.50%
3 Year Change35.16%
5 Year Change144.42%
Change since IPO287.02%

Recent News & Updates

Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$38.99?

Mar 30
Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$38.99?

Recent updates

Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$38.99?

Mar 30
Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$38.99?

AltaGas (TSE:ALA) Will Pay A Larger Dividend Than Last Year At CA$0.315

Mar 11
AltaGas (TSE:ALA) Will Pay A Larger Dividend Than Last Year At CA$0.315

There's Been No Shortage Of Growth Recently For AltaGas' (TSE:ALA) Returns On Capital

Mar 01
There's Been No Shortage Of Growth Recently For AltaGas' (TSE:ALA) Returns On Capital

AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 10
AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year

AltaGas Ltd.'s (TSE:ALA) Price In Tune With Earnings

Feb 07
AltaGas Ltd.'s (TSE:ALA) Price In Tune With Earnings

AltaGas (TSE:ALA) Will Pay A Larger Dividend Than Last Year At CA$0.315

Jan 02
AltaGas (TSE:ALA) Will Pay A Larger Dividend Than Last Year At CA$0.315

Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$32.57?

Dec 21
Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$32.57?

AltaGas' (TSE:ALA) Dividend Will Be CA$0.2975

Dec 03
AltaGas' (TSE:ALA) Dividend Will Be CA$0.2975
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Rising LPG Demand And Strategic Utilities Expansion Power Revenue Growth Potential

Nov 28 Capitalizing on Asian LPG demand and long-term contracts could enhance revenue stability and potential growth for AltaGas.

AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit

Nov 07
AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit

Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects

Nov 05
Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects

AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet

Sep 29
AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet

Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?

Sep 10
Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?

AltaGas (TSE:ALA) Hasn't Managed To Accelerate Its Returns

Aug 23
AltaGas (TSE:ALA) Hasn't Managed To Accelerate Its Returns

What AltaGas Ltd.'s (TSE:ALA) P/E Is Not Telling You

Jul 26
What AltaGas Ltd.'s (TSE:ALA) P/E Is Not Telling You

Here's Why AltaGas (TSE:ALA) Has Caught The Eye Of Investors

Jul 11
Here's Why AltaGas (TSE:ALA) Has Caught The Eye Of Investors

Is AltaGas (TSE:ALA) A Risky Investment?

May 24
Is AltaGas (TSE:ALA) A Risky Investment?

AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975

May 07
AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975

Shareholder Returns

ALACA Gas UtilitiesCA Market
7D0.2%1.5%1.1%
1Y32.5%21.0%8.7%

Return vs Industry: ALA exceeded the Canadian Gas Utilities industry which returned 19% over the past year.

Return vs Market: ALA exceeded the Canadian Market which returned 7.8% over the past year.

Price Volatility

Is ALA's price volatile compared to industry and market?
ALA volatility
ALA Average Weekly Movement3.1%
Gas Utilities Industry Average Movement3.4%
Market Average Movement9.6%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.1%

Stable Share Price: ALA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ALA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aVern 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 fundamental statistics
Market capCA$11.80b
Earnings (TTM)CA$578.00m
Revenue (TTM)CA$12.45b

20.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALA income statement (TTM)
RevenueCA$12.45b
Cost of RevenueCA$9.20b
Gross ProfitCA$3.25b
Other ExpensesCA$2.67b
EarningsCA$578.00m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 01, 2025

Earnings per share (EPS)1.93
Gross Margin26.08%
Net Profit Margin4.64%
Debt/Equity Ratio109.2%

How did ALA perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/22 11:14
End of Day Share Price 2025/04/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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. 7 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