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Company ProfileAltaGas Ltd.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
ALA.TO
AltaGas Ltd. Stock AnalysisComprehensive stock analysis for AltaGas Ltd. (ALA.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisALA.TO
ALA.TO
AltaGas Ltd.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
ALA.TO
Home🔹Stocks🔹AltaGas Ltd.

AltaGas Ltd.

🇨🇦ALA.TO•TSX

AltaGas Ltd.

🇨🇦ALA.TO•TSX
Market cap
$16.73B
Sentiment

Your view on ALA.TO

Mkt Cap
$16.73B
Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

About AltaGas Ltd.

Industry
Regulated Gas
Sector
Utilities
CEO
Vernon D. Yu
Headquarters
355 - 4th Avenue SW, Calgary, AB, CA
Industry
Regulated Gas
Sector
Utilities
CEO
Vernon D. Yu
Headquarters
355 - 4th Avenue SW, Calgary, AB, CA
Description

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 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 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for AltaGas Ltd., and the rating behind it. ALA.TO last traded at C$53.63, 27.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for AltaGas Ltd.. Starting points for AltaGas Ltd.: P/E 27.2, EPS C$2.03, beta 0.47 — an Regulated Gas name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for AltaGas Ltd.. AltaGas Ltd. paid C$1.32 per share over the last year — a 2.5% yield at the current C$53.63 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for AltaGas Ltd.. Trailing twelve-month EPS for AltaGas Ltd. stands at C$2.03. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for AltaGas Ltd.. AltaGas Ltd. has reported as a listed company since 2004. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

AltaGas Ltd. valued side by side against its closest peers. AltaGas Ltd. is measured against Regulated Gas peers within the Utilities sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold AltaGas Ltd., and how their positions are changing. At a C$16.73B market value, institutional positions materially move AltaGas Ltd.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by AltaGas Ltd. executives and directors. Shares of AltaGas Ltd. have traded between C$32.02 and C$44.15 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming AltaGas Ltd.. AltaGas Ltd. is a C$16.73B Utilities company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming AltaGas Ltd.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for AltaGas Ltd.. Coverage tracks AltaGas Ltd. within Regulated Gas (Utilities). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • ACO-X.TOATCO Ltd.
  • BEPC.TOBrookfield Renewable Corporation
  • BEP-UN.TOBrookfield Renewable Partners L.P.
  • BIPC.TOBrookfield Infrastructure Corporation
  • BIP-PE.TOBrookfield Infrastructure Partners L.P.
  • CPX.TOCapital Power Corporation
  • CU.TOCanadian Utilities Limited
  • EMA.TOEmera Incorporated

More Regulated Gas companies

  • GASNYNaturgy Energy Group, S.A.
  • HOKCFThe Hong Kong and China Gas Company Limited
  • HOKCYThe Hong Kong and China Gas Company Limited
  • ITGGFItalgas S.p.A.
  • MDUMDU Resources Group, Inc.
  • NINiSource Inc.
  • NJRNew Jersey Resources Corporation
  • NWNNorthwest Natural Holding Company
  • OGSONE Gas, Inc.
  • OPALOPAL Fuels Inc.
  • OSGSFOsaka Gas Co., Ltd.
  • OSGSYOsaka Gas Co., Ltd.

ETFs holding AltaGas Ltd.

Largest holders, then the funds most concentrated in ALA.TO · % = share of the fund

  • VXUSVanguard Total International Stock ETF0.03%
  • VEAVanguard FTSE Developed Markets ETF0.04%
  • XIC.TOiShares Core S&P/TSX Capped Composite Index ETF0.33%
  • ZUT.TOBMO Equal Weight Utilities Index ETF8.47%
  • UMVP.TOHAMILTON CHAMPIONS Utilities Index ETF9.00%
  • ZFC.TOBMO SIA Focused Canadian Equity Fund (ETF Series)6.07%
  • EINCVanEck Energy Income ETF4.61%
  • FXM.TOCI Morningstar Canada Value Index ETF3.45%

News

Latest Market News