AltaGas Ltd. (TSE:ALA)
TSX:ALA
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ALA Stock Chart & Stats
C$48.89
C$0.41(1.22%)
At close: 4:00 PM EST
C$48.89
C$0.41(1.22%)
Day’s Range― - ―
52-Week RangeC$37.73 - C$56.32
Previous CloseN/A
Volume196.68K
Average Volume (3M)1.19M
Market Cap
C$17.25B
Enterprise ValueC$27.16B
Total Cash (Recent Filing)C$163.00M
Total Debt (Recent Filing)C$10.60B
Price to Earnings (P/E)33.3
Beta0.22
Next Earnings
Jul 23, 2026EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend Yield2.99%
Share Statistics
EPS (TTM)1.64
Shares Outstanding311,560,000
10 Day Avg. Volume1,831,664
30 Day Avg. Volume1,188,493
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)1.41
Price to Sales (P/S)1.00
P/FCF Ratio-36.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$55.71Price Target Upside13.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)2.44
Revenue Forecast (FY)C$13.19B
Bulls Say, Bears Say
Bulls Say
Diversified Fee-based Business ModelAltaGas' mix of midstream, liquids infrastructure and regulated utilities creates diversified, fee-based cash flows. That lowers commodity exposure, improves revenue predictability from contracts and regulation, and supports resilience and cash visibility over the next several months.
Strong Revenue And Operating MarginsImproved gross margins and healthy operating profitability indicate underlying operational strength and cost control. Durable operating margins from infrastructure assets support sustained EBITDA generation even if below‑the‑line items vary, preserving core cash earning capacity.
Regulated Utility Rate‑base ReturnsRegulated natural gas distribution operations provide predictable, allowed returns linked to rate base. That regulatory framework gives long‑term revenue visibility and lower volatility, supporting steady cash flow and capital planning over a 2–6 month horizon.
Bears Say
Negative Free Cash FlowSustained negative FCF reflects heavy capex and working‑capital pressure, reducing internal funding for debt reduction or growth projects. Over months this increases reliance on external financing and constrains strategic flexibility if market or rate conditions tighten.
Elevated LeverageHigh structural leverage limits financial flexibility and raises sensitivity to interest‑rate increases or revenue shocks. With sizable debt outstanding, refinancing and interest costs are key risks that can pressure earnings and credit metrics over the medium term.
Modest Net Margin And Falling Net IncomeBottom‑line compression from higher interest, depreciation or other below‑the‑line items reduces earnings conversion of operating cash flow. This weakens retained earnings and amplifies leverage effects, limiting ability to de‑risk the balance sheet in coming quarters.
AltaGas News
ALA FAQ
What was AltaGas Ltd.’s price range in the past 12 months?
AltaGas Ltd. lowest stock price was C$37.73 and its highest was C$56.32 in the past 12 months.
What is AltaGas Ltd.’s market cap?
AltaGas Ltd.’s market cap is C$17.25B.
When is AltaGas Ltd.’s upcoming earnings report date?
AltaGas Ltd.’s upcoming earnings report date is Jul 23, 2026 which is in 47 days.
How were AltaGas Ltd.’s earnings last quarter?
AltaGas Ltd. released its earnings results on Apr 30, 2026. The company reported C$1.33 earnings per share for the quarter, beating the consensus estimate of C$1.243 by C$0.087.
Is AltaGas Ltd. overvalued?
According to Wall Street analysts AltaGas Ltd.’s price is currently Undervalued.
Does AltaGas Ltd. pay dividends?
AltaGas Ltd. pays a Quarterly dividend of C$0.315 which represents an annual dividend yield of 2.99%. See more information on AltaGas Ltd. dividends here
What is AltaGas Ltd.’s EPS estimate?
AltaGas Ltd.’s EPS estimate is 0.22.
How many shares outstanding does AltaGas Ltd. have?
AltaGas Ltd. has 311,560,000 shares outstanding.
What happened to AltaGas Ltd.’s price movement after its last earnings report?
AltaGas Ltd. reported an EPS of C$1.33 in its last earnings report, beating expectations of C$1.243. Following the earnings report the stock price went up 0.533%.
Which hedge fund is a major shareholder of AltaGas Ltd.?
Currently, no hedge funds are holding shares in TSE:ALA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
AltaGas Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
C$55.71 (13.96% Upside)
C$55.71 (13.96% Upside)
Insider Transactions
Sold Shares
Worth C$113.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.90%
12-Months-Change
Fundamentals
Return on Equity
5.92%
Trailing 12-Months
Asset Growth
7.86%
Trailing 12-Months
Company Description
AltaGas Ltd.
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.
ALA Company Deck
ALA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights strong operational execution, record export volumes, project progress (Pipestone II, REEF Phase 1, Opti-1 uplift), solid quarterly and full-year financial results, improved credit outlook and disciplined capital plans. Notable challenges include a 28-day labor disruption, an active Indigenous/commercial dispute on Ridley Island, higher O&M and retail contributions weakness, plus regulatory and project execution dependencies. On balance, the positive operational and financial momentum, strengthened balance sheet and hedging positions outweigh the listed challenges.View all TSE:ALA earnings summariesALA Stock 12 Month Forecast
Average Price Target
C$55.71
▲(13.96% Upside)
Technical Analysis
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Options Prices
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