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AltaGas (ALA) Competitors

C$30.90
-0.21 (-0.68%)
(As of 06/10/2024 ET)

ALA vs. PPL, KEY, GEI, TPZ, KML, TWM, ENB, TRP, CCO, and TOU

Should you be buying AltaGas stock or one of its competitors? The main competitors of AltaGas include Pembina Pipeline (PPL), Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (TWM), Enbridge (ENB), TC Energy (TRP), Cameco (CCO), and Tourmaline Oil (TOU).

AltaGas vs.

Pembina Pipeline (TSE:PPL) and AltaGas (TSE:ALA) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, earnings, profitability, analyst recommendations, risk, community ranking, institutional ownership and dividends.

60.2% of Pembina Pipeline shares are owned by institutional investors. Comparatively, 34.1% of AltaGas shares are owned by institutional investors. 0.0% of Pembina Pipeline shares are owned by insiders. Comparatively, 0.6% of AltaGas shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Pembina Pipeline pays an annual dividend of C$2.76 per share and has a dividend yield of 5.4%. AltaGas pays an annual dividend of C$1.19 per share and has a dividend yield of 3.9%. Pembina Pipeline pays out 88.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. AltaGas pays out 57.8% of its earnings in the form of a dividend.

Pembina Pipeline has a net margin of 20.39% compared to Pembina Pipeline's net margin of 5.03%. AltaGas' return on equity of 11.65% beat Pembina Pipeline's return on equity.

Company Net Margins Return on Equity Return on Assets
Pembina Pipeline20.39% 11.65% 4.06%
AltaGas 5.03%7.93%3.16%

Pembina Pipeline received 107 more outperform votes than AltaGas when rated by MarketBeat users. However, 63.05% of users gave AltaGas an outperform vote while only 62.09% of users gave Pembina Pipeline an outperform vote.

CompanyUnderperformOutperform
Pembina PipelineOutperform Votes
665
62.09%
Underperform Votes
406
37.91%
AltaGasOutperform Votes
558
63.05%
Underperform Votes
327
36.95%

Pembina Pipeline has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500. Comparatively, AltaGas has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500.

In the previous week, AltaGas had 3 more articles in the media than Pembina Pipeline. MarketBeat recorded 7 mentions for AltaGas and 4 mentions for Pembina Pipeline. AltaGas' average media sentiment score of 0.28 beat Pembina Pipeline's score of 0.21 indicating that Pembina Pipeline is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Pembina Pipeline
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AltaGas
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Pembina Pipeline has higher earnings, but lower revenue than AltaGas. AltaGas is trading at a lower price-to-earnings ratio than Pembina Pipeline, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Pembina PipelineC$9.05B3.29C$1.71BC$3.1116.50
AltaGasC$12.60B0.73C$604MC$2.0615.00

Pembina Pipeline presently has a consensus target price of C$54.25, suggesting a potential upside of 5.75%. AltaGas has a consensus target price of C$35.00, suggesting a potential upside of 13.27%. Given Pembina Pipeline's stronger consensus rating and higher possible upside, analysts clearly believe AltaGas is more favorable than Pembina Pipeline.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pembina Pipeline
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
AltaGas
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Pembina Pipeline beats AltaGas on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALA vs. The Competition

MetricAltaGasOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$9.15BC$24.09BC$3.82BC$4.80B
Dividend Yield3.88%5.90%7.18%6.74%
P/E Ratio15.0011.90206.4527.23
Price / Sales0.732.9125,537.331,890.47
Price / Cash52.2497.8666.3782.27
Price / Book1.162.511.513.72
Net IncomeC$604MC$1.35BC$419.26MC$277.48M
7 Day Performance-1.18%-0.02%0.28%0.24%
1 Month Performance1.05%-0.89%-1.10%-0.08%
1 Year Performance24.90%9.93%15.54%27.42%

AltaGas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PPL
Pembina Pipeline
2.1105 of 5 stars
C$50.97
-0.2%
C$54.25
+6.4%
+21.3%C$29.54BC$9.05B16.392,349
KEY
Keyera
1.1703 of 5 stars
C$36.61
-0.3%
C$38.18
+4.3%
+18.3%C$8.39BC$6.78B23.471,005Dividend Announcement
GEI
Gibson Energy
1.8168 of 5 stars
C$22.99
-1.2%
C$25.63
+11.5%
+5.9%C$3.74BC$11.94B21.90460Positive News
TPZ
Topaz Energy
2.4624 of 5 stars
C$22.83
-0.4%
C$26.88
+17.7%
+10.1%C$3.31BC$321.45M71.348Dividend Announcement
News Coverage
Positive News
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.5228 of 5 stars
C$0.61
-1.6%
C$0.96
+57.1%
-34.8%C$261.69MC$2.03B-0.67392
ENB
Enbridge
2.316 of 5 stars
C$49.21
-0.5%
C$53.44
+8.6%
-3.0%C$104.82BC$42.61B18.6411,500
TRP
TC Energy
1.638 of 5 stars
C$54.18
-1.3%
C$54.94
+1.4%
-2.8%C$56.35BC$16.25B20.847,000Insider Selling
News Coverage
CCO
Cameco
0.6878 of 5 stars
C$73.49
-3.1%
C$76.78
+4.5%
+79.7%C$31.94BC$2.53B136.094,800
TOU
Tourmaline Oil
2.8112 of 5 stars
C$66.61
-0.7%
C$78.38
+17.7%
+12.3%C$23.42BC$4.84B13.35389Dividend Announcement

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This page (TSE:ALA) was last updated on 6/11/2024 by MarketBeat.com Staff

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