AltaGas Ltd.

TSX:ALA Stock Report

Market Cap: CA$10.3b

AltaGas Management

Management criteria checks 2/4

AltaGas' CEO is Vern Yu, appointed in Jul 2023, has a tenure of 1.58 years. total yearly compensation is CA$12.85M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth CA$4.33M. The average tenure of the management team and the board of directors is 6.9 years and 6.6 years respectively.

Key information

Vern Yu

Chief executive officer

CA$12.8m

Total compensation

CEO salary percentage4.1%
CEO tenure1.6yrs
CEO ownership0.04%
Management average tenure6.9yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

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

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?

CEO Compensation Analysis

How has Vern Yu's remuneration changed compared to AltaGas's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$488m

Jun 30 2024n/an/a

CA$429m

Mar 31 2024n/an/a

CA$604m

Dec 31 2023CA$13mCA$529k

CA$641m

Compensation vs Market: Vern's total compensation ($USD9.07M) is above average for companies of similar size in the Canadian market ($USD4.05M).

Compensation vs Earnings: Insufficient data to compare Vern's compensation with company performance.

CEO

Vern Yu (57 yo)

1.6yrs

Tenure

CA$12,847,701

Compensation

Mr. Vernon D. Yu, also known as Vern, serves as President, Chief Executive Officer and Non-Independent Director at AltaGas Ltd. since July 01, 2023. He serves as Chairman of Board Washington Gas Light Comp...

Leadership Team

NamePositionTenureCompensationOwnership
Vernon Yu
President1.6yrsCA$12.85m0.042%
CA$ 4.3m
D. Harbilas
Executive VP & CFO5.7yrsCA$4.39m0.018%
CA$ 1.8m
Corine Renne Bushfield
Executive VP & Chief Administrative Officer8.2yrsCA$3.37m0.0085%
CA$ 871.7k
Randy Toone
Executive VP & President of Midstream12.2yrsCA$2.89m0.10%
CA$ 10.6m
Donald Jenkins
Executive VP5.2yrsCA$5.35m0.0084%
CA$ 862.4k
Jon Morrison
Senior Vice President of Investor Relations & Corporate Developmentno datano datano data
Karen Uehara
Executive VP & Chief Legal Officerno datano datano data
Kent Stout
Senior Vice President of Organizational Development8.2yrsCA$991.41kno data
Bradley Grant
Executive VP & Strategic Advisorno dataCA$2.05m0.0061%
CA$ 631.1k
David Anderson
Senior Vice President of Corporate Environmental Health & Safetyno datano datano data
Hejdi Carlsen
Senior VP of Chief Safetyno datano datano data
Jimmi Duce
Corporate Secretaryno datano datano data

6.9yrs

Average Tenure

52.5yo

Average Age

Experienced Management: ALA's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vernon Yu
President1.6yrsCA$12.85m0.042%
CA$ 4.3m
Robert Hodgins
Independent Director19.9yrsCA$311.93k0.0057%
CA$ 584.9k
Derek Evans
Independent Directorless than a yearno datano data
David Cornhill
Independent Director30.8yrsCA$276.95k0.54%
CA$ 55.7m
Nancy Tower
Independent Director5.1yrsCA$322.02k0.0022%
CA$ 225.1k
Pentti Karkkainen
Independent Chairman of the Board6.6yrsCA$466.93k0.0057%
CA$ 586.9k
Phillip Knoll
Independent Director9.3yrsCA$321.93k0.0076%
CA$ 786.3k
Cynthia Johnston
Independent Director6.6yrsCA$292.35k0.0020%
CA$ 206.6k
Angela Lekatsas
Independent Director1.4yrsCA$90.86k0.0024%
CA$ 241.6k
Jon-Al Duplantier
Independent Director4yrsCA$280.00kno data
Victoria Calvert
Independent Director9.3yrsCA$284.85k0.0026%
CA$ 263.1k

6.6yrs

Average Tenure

67yo

Average Age

Experienced Board: ALA's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 02:39
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
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

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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. 5 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