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AltaGas TSX:ALA Stock Report

Last Price

CA$34.66

Market Cap

CA$10.3b

7D

3.4%

1Y

24.6%

Updated

20 Nov, 2024

Data

Company Financials +

AltaGas Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AltaGas
Historical stock prices
Current Share PriceCA$34.66
52 Week HighCA$35.77
52 Week LowCA$26.58
Beta1.23
11 Month Change-2.28%
3 Month Change2.88%
1 Year Change24.59%
33 Year Change36.30%
5 Year Change73.30%
Change since IPO238.15%

Recent News & Updates

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

Recent updates

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

AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit

Apr 19
AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit

Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?

Mar 29
Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?

AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues

Mar 14
AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues

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

Mar 08
AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?

Feb 28
Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?

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

Feb 09
AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975

AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's

Jan 23
AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's

Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)

Jan 17
Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)

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

Dec 27
AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975

AltaGas (TSE:ALA) Will Pay A Dividend Of CA$0.28

Dec 13
AltaGas (TSE:ALA) Will Pay A Dividend Of CA$0.28

Need To Know: Analysts Are Much More Bullish On AltaGas Ltd. (TSE:ALA) Revenues

Dec 07
Need To Know: Analysts Are Much More Bullish On AltaGas Ltd. (TSE:ALA) Revenues

Here's Why We Think AltaGas (TSE:ALA) Might Deserve Your Attention Today

Nov 27
Here's Why We Think AltaGas (TSE:ALA) Might Deserve Your Attention Today

Is AltaGas Ltd. (TSE:ALA) Potentially Undervalued?

Nov 09
Is AltaGas Ltd. (TSE:ALA) Potentially Undervalued?

AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt

Sep 13
AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt

Should You Be Adding AltaGas (TSE:ALA) To Your Watchlist Today?

Aug 23
Should You Be Adding AltaGas (TSE:ALA) To Your Watchlist Today?

The AltaGas Ltd. (TSE:ALA) Analysts Have Been Trimming Their Sales Forecasts

Aug 01
The AltaGas Ltd. (TSE:ALA) Analysts Have Been Trimming Their Sales Forecasts

Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?

Jul 20
Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?

These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way

Jun 14
These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way

Is AltaGas Ltd. (TSE:ALA) Trading At A 46% Discount?

May 27
Is AltaGas Ltd. (TSE:ALA) Trading At A 46% Discount?

AltaGas (TSE:ALA) Has Announced That It Will Be Increasing Its Dividend To CA$0.28

May 09
AltaGas (TSE:ALA) Has Announced That It Will Be Increasing Its Dividend To CA$0.28

Shareholder Returns

ALACA Gas UtilitiesCA Market
7D3.4%1.5%0.7%
1Y24.6%20.4%21.7%

Return vs Industry: ALA exceeded the Canadian Gas Utilities industry which returned 20.4% over the past year.

Return vs Market: ALA exceeded the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is ALA's price volatile compared to industry and market?
ALA volatility
ALA Average Weekly Movement2.6%
Gas Utilities Industry Average Movement3.0%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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
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 fundamental statistics
Market capCA$10.31b
Earnings (TTM)CA$488.00m
Revenue (TTM)CA$12.48b

21.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALA income statement (TTM)
RevenueCA$12.48b
Cost of RevenueCA$9.37b
Gross ProfitCA$3.11b
Other ExpensesCA$2.62b
EarningsCA$488.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.64
Gross Margin24.89%
Net Profit Margin3.91%
Debt/Equity Ratio124.5%

How did ALA perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

70%

Payout Ratio

Does ALA pay a reliable dividends?

See ALA dividend history and benchmarks
When do you need to buy ALA by to receive an upcoming dividend?
AltaGas dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend24 days
Days until Dividend pay date39 days

Does ALA pay a reliable dividends?

See ALA dividend history and benchmarks