ALA Stock Overview
Operates as an energy infrastructure company in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Expanding Asian LPG Exports Will Strengthen Future Stability
AltaGas Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$32.57 |
| 52 Week High | CA$35.77 |
| 52 Week Low | CA$26.91 |
| Beta | 1.21 |
| 1 Month Change | -7.52% |
| 3 Month Change | -3.18% |
| 1 Year Change | 18.83% |
| 3 Year Change | 20.27% |
| 5 Year Change | 64.25% |
| Change since IPO | 217.76% |
Recent News & Updates
Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$32.57?
Dec 21
AltaGas' (TSE:ALA) Dividend Will Be CA$0.2975
Dec 03AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit
Nov 07Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects
Nov 05Recent updates
Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$32.57?
Dec 21AltaGas' (TSE:ALA) Dividend Will Be CA$0.2975
Dec 03AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit
Nov 07Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects
Nov 05AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet
Sep 29Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?
Sep 10AltaGas (TSE:ALA) Hasn't Managed To Accelerate Its Returns
Aug 23What AltaGas Ltd.'s (TSE:ALA) P/E Is Not Telling You
Jul 26Here's Why AltaGas (TSE:ALA) Has Caught The Eye Of Investors
Jul 11Is AltaGas (TSE:ALA) A Risky Investment?
May 24AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975
May 07AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit
Apr 19Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Mar 29AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues
Mar 14AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?
Feb 28AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Feb 09AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's
Jan 23Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)
Jan 17AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Dec 27Shareholder Returns
| ALA | CA Gas Utilities | CA Market | |
|---|---|---|---|
| 7D | -0.8% | -2.7% | -2.6% |
| 1Y | 18.8% | 9.7% | 15.2% |
Return vs Industry: ALA exceeded the Canadian Gas Utilities industry which returned 9.7% over the past year.
Return vs Market: ALA exceeded the Canadian Market which returned 15.2% over the past year.
Price Volatility
| ALA volatility | |
|---|---|
| ALA Average Weekly Movement | 2.5% |
| Gas Utilities Industry Average Movement | 3.5% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 3,045 | Vern Yu | www.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
| ALA fundamental statistics | |
|---|---|
| Market cap | CA$9.70b |
| Earnings (TTM) | CA$488.00m |
| Revenue (TTM) | CA$12.48b |
19.9x
P/E Ratio0.8x
P/S RatioIs ALA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALA income statement (TTM) | |
|---|---|
| Revenue | CA$12.48b |
| Cost of Revenue | CA$9.37b |
| Gross Profit | CA$3.11b |
| Other Expenses | CA$2.62b |
| Earnings | CA$488.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.64 |
| Gross Margin | 24.89% |
| Net Profit Margin | 3.91% |
| Debt/Equity Ratio | 124.5% |
How did ALA perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield70%
Payout RatioDoes ALA pay a reliable dividends?
See ALA dividend history and benchmarks| AltaGas dividend dates | |
|---|---|
| Ex Dividend Date | Dec 16 2024 |
| Dividend Pay Date | Dec 31 2024 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 9 days |
Does ALA pay a reliable dividends?
See ALA dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
AltaGas Ltd. is covered by 26 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.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Anthony Linton | Barclays |
| Benjamin Pham | BMO Capital Markets Equity Research |