ALA Stock Overview
About the company
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 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 MW of power in California. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is based in Calgary, Canada.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
AltaGas Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$21.90 |
| 52 Week High | CA$31.16 |
| 52 Week Low | CA$21.25 |
| Beta | 1.31 |
| 1 Month Change | -7.56% |
| 3 Month Change | -7.36% |
| 1 Year Change | -22.23% |
| 3 Year Change | 86.22% |
| 5 Year Change | -7.32% |
| Change since IPO | 113.66% |
Recent News & Updates
These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Mar 02
AltaGas (TSE:ALA) Is Increasing Its Dividend To CA$0.28
Feb 09Recent updates
These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Mar 02AltaGas (TSE:ALA) Is Increasing Its Dividend To CA$0.28
Feb 09Should You Think About Buying AltaGas Ltd. (TSE:ALA) Now?
Jan 10Growth Investors: Industry Analysts Just Upgraded Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts By 11%
Dec 15Industry Analysts Just Made A Substantial Upgrade To Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts
Oct 31AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Oct 08Is There Now An Opportunity In AltaGas Ltd. (TSE:ALA)?
Aug 25AltaGas (TSE:ALA) Use Of Debt Could Be Considered Risky
Jul 09Is It Time To Consider Buying AltaGas Ltd. (TSE:ALA)?
May 27These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt Extensively
Apr 07At CA$27.16, Is AltaGas Ltd. (TSE:ALA) Worth Looking At Closely?
Feb 24Here's Why I Think AltaGas (TSE:ALA) Is An Interesting Stock
Feb 07These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt Extensively
Jan 03Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?
Nov 02AltaGas (TSE:ALA) Is Due To Pay A Dividend Of CA$0.083
Nov 02AltaGas (TSE:ALA) Has Affirmed Its Dividend Of CA$0.083
Oct 15AltaGas (TSE:ALA) Is Due To Pay A Dividend Of CA$0.083
Sep 13Analysts Are Betting On AltaGas Ltd. (TSE:ALA) With A Big Upgrade This Week
Aug 04AltaGas' (TSE:ALA) Dividend Will Be CA$0.083
Aug 03AltaGas' (TSE:ALA) Dividend Will Be CA$0.083
Jul 16At CA$26.46, Is AltaGas Ltd. (TSE:ALA) Worth Looking At Closely?
Jul 09AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.083
Jun 14AltaGas (TSE:ALA) Takes On Some Risk With Its Use Of Debt
Jun 02Growth Investors: Industry Analysts Just Upgraded Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts By 18%
Apr 30Is AltaGas Ltd. (TSE:ALA) A Smart Pick For Income Investors?
Mar 05AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet
Feb 16When Should You Buy AltaGas Ltd. (TSE:ALA)?
Feb 01AltaGas Ltd.'s (TSE:ALA) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 14AltaGas (TSE:ALA) Shareholders Received A Total Return Of Negative 18% In The Last Five Years
Dec 22Shareholder Returns
| ALA | CA Gas Utilities | CA Market | |
|---|---|---|---|
| 7D | -0.4% | 1.7% | 0.8% |
| 1Y | -22.2% | -11.8% | -12.1% |
Return vs Industry: ALA underperformed the Canadian Gas Utilities industry which returned -11.8% over the past year.
Return vs Market: ALA underperformed the Canadian Market which returned -12.1% over the past year.
Price Volatility
| ALA volatility | |
|---|---|
| ALA Average Weekly Movement | 2.9% |
| Gas Utilities Industry Average Movement | 3.2% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in CA Market | 17.8% |
| 10% least volatile stocks in CA Market | 3.5% |
Stable Share Price: ALA is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ALA's weekly volatility (3%) has been stable over the past year.
AltaGas Ltd. Fundamentals Summary
| ALA fundamental statistics | |
|---|---|
| Market Cap | CA$6.17b |
| Earnings (TTM) | CA$399.00m |
| Revenue (TTM) | CA$14.09b |
15.5x
P/E Ratio0.4x
P/S RatioIs ALA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALA income statement (TTM) | |
|---|---|
| Revenue | CA$14.09b |
| Cost of Revenue | CA$11.14b |
| Gross Profit | CA$2.95b |
| Other Expenses | CA$2.55b |
| Earnings | CA$399.00m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.42 |
| Gross Margin | 20.93% |
| Net Profit Margin | 2.83% |
| Debt/Equity Ratio | 129.2% |
How did ALA perform over the long term?
See historical performance and comparison