AltaGas Reports Strong Q1 2025 Results and Exceeds Export Targets

AltaGas ( (TSE:ALA) ) just unveiled an update.

AltaGas Ltd. reported strong financial results for the first quarter of 2025, with a notable increase in normalized EBITDA driven by robust performance in its Utilities segment. The company achieved record global export volumes of LPGs to Asia and continued to secure long-term contracts, surpassing its 2027 tolling target. Despite a decrease in Midstream segment earnings due to lower export margins and the absence of one-time items from the previous year, AltaGas maintained a positive outlook for long-term growth.

Spark’s Take on TSE:ALA Stock

According to Spark, TipRanks’ AI Analyst, TSE:ALA is a Outperform.

AltaGas demonstrates strong financial performance and technical momentum, supported by strategic investments and robust earnings growth. While the valuation is fair, regulatory challenges and potential overbought technical indicators suggest cautious optimism for future performance.

To see Spark’s full report on TSE:ALA stock, click here.

More about AltaGas

AltaGas Ltd. operates in the energy sector, focusing on utilities and midstream services. The company is involved in the distribution and storage of natural gas and the export of liquefied petroleum gases (LPGs) to global markets, with a strong presence in North America.

YTD Price Performance: 27.87%

Average Trading Volume: 73,739

Technical Sentiment Signal: Sell

Current Market Cap: $8.81B

Learn more about ALA stock on TipRanks’ Stock Analysis page.