TSE:ALA - Altagas Stock Price, News, & Analysis

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C$19.25 +0.07 (+0.36 %)
(As of 05/19/2019 04:00 PM ET)
Previous CloseC$19.25
Today's RangeC$19.12 - C$19.32
52-Week RangeC$11.87 - C$28.45
Volume516,600 shs
Average Volume1.05 million shs
Market CapitalizationC$5.31 billion
P/E Ratio18.51
Dividend Yield5.01%
BetaN/A
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. The company operates through three segments: Utilities, Midstream, and Power. The Utilities segment owns and operates regulated natural gas distribution utilities in Michigan, Alaska, the District of Columbia, Maryland, and Virginia; and 2 regulated natural gas storage utilities in the United States serving approximately 1.6 million customers. This segment also provides interstate natural gas transportation and storage services. It serves homes and businesses. The Midstream segment engages in the natural gas gathering and processing; natural gas liquids (NGL) extraction and fractionation, transmission, and storage; natural gas and NGL marketing; and gas retail marketing activities. This segment owns approximately 1.5 billion cubic feet per day (Bcf/d) of natural gas extraction processing capacity and approximately 0.7 Bcf/d of raw field gas processing capacity; and holds interest in 4 regulated pipelines in the Marcellus/Utica gas formation in the northeastern United States. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. The Power segment is involved in the generation and sale of electricity; and energy storage and retail power marketing activities. It has 1,105 megawatt of operational gross capacity from natural gas-fired, biomass, solar, and distributed energy. This segment also provides ancillary services. It serves residential, commercial, and industrial users. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Industry Oil & Gas Pipelines
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIKN/A
Phone+1-403-6917575

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$5.28 billion
Cash FlowC$0.40 per share
Book ValueC$22.89 per share

Profitability

Miscellaneous

Employees2,881
Market CapC$5.31 billion
Next Earnings Date8/7/2019 (Estimated)
OptionableNot Optionable

Altagas (TSE:ALA) Frequently Asked Questions

What is Altagas' stock symbol?

Altagas trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ALA."

How often does Altagas pay dividends? What is the dividend yield for Altagas?

Altagas announced a monthly dividend on Wednesday, April 10th. Stockholders of record on Thursday, April 25th will be paid a dividend of 0.08 per share on Wednesday, May 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend is Wednesday, April 24th. View Altagas' Dividend History.

How were Altagas' earnings last quarter?

Altagas Ltd (TSE:ALA) posted its quarterly earnings results on Thursday, February, 28th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.52 by $0.08. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.41 billion. View Altagas' Earnings History.

When is Altagas' next earnings date?

Altagas is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Altagas.

What price target have analysts set for ALA?

9 equities research analysts have issued 12-month price targets for Altagas' stock. Their predictions range from C$16.50 to C$27.00. On average, they expect Altagas' stock price to reach C$20.05 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Altagas.

What is the consensus analysts' recommendation for Altagas?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altagas in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altagas.

Has Altagas been receiving favorable news coverage?

Headlines about ALA stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Altagas earned a news impact score of 1.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are some of Altagas' key competitors?

What other stocks do shareholders of Altagas own?

Who are Altagas' key executives?

Altagas' management team includes the folowing people:
  • Mr. Randall L. Crawford, Pres, CEO & Non-Independent Director (Age 56)
  • Mr. David Wallace Cornhill B.Sc.(Hons.), MBA, Founder & Director (Age 65)
  • Mr. Timothy William Watson CFA, ICD.D, Exec. VP & CFO
  • Mr. John D. O'Brien Jr., Exec. VP of Gov. & Regulatory Affairs - ASUS and EVP of Strategy & Public Affairs - WG (Age 59)
  • Mr. Adrian P. Chapman, Pres & CEO of Washington Gas Light and Pres U.S. Utilities - ASUS (Age 62)

How do I buy shares of Altagas?

Shares of ALA and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Altagas' stock price today?

One share of ALA stock can currently be purchased for approximately C$19.25.

How big of a company is Altagas?

Altagas has a market capitalization of C$5.31 billion and generates C$5.28 billion in revenue each year. Altagas employs 2,881 workers across the globe.

What is Altagas' official website?

The official website for Altagas is http://www.altagas.ca.

How can I contact Altagas?

Altagas' mailing address is 1700-355 4 Ave SW, CALGARY, AB T2P 0J1, Canada. The company can be reached via phone at +1-403-6917575.


MarketBeat Community Rating for Altagas (TSE ALA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  393 (Vote Outperform)
Underperform Votes:  475 (Vote Underperform)
Total Votes:  868
MarketBeat's community ratings are surveys of what our community members think about Altagas and other stocks. Vote "Outperform" if you believe ALA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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