Altagas Ltd Company Profile (TSE:ALA)

About Altagas Ltd

Altagas Ltd logoAltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp. The Power segment includes generation assets located across North America with over 2,000 megawatt (MW) of capacity from over five fuel types, with opportunities to expand in California and across the United States, as well as the opportunity to develop new gas-fired and renewable generation in Alberta to replace coal. The Utilities segment serves over 560,000 customers through ownership of regulated natural gas distribution utilities across North America and a regulated natural gas storage utility in the United States, delivering natural gas to homes and businesses.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: ALA
  • CUSIP:
Key Metrics:
  • Previous Close: $31.52
  • 50 Day Moving Average: $31.87
  • 200 Day Moving Average: $33.04
  • 52-Week Range: C$166,199,000.00 - C$28.86
  • Trailing P/E Ratio: 31.25
  • P/E Growth: 40.20
  • Market Cap: $5.14B
  • Outstanding Shares: 166,199,000
Additional Links:

Analyst Ratings

Consensus Ratings for Altagas Ltd (TSE:ALA) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: C$35.90

Analysts' Ratings History for Altagas Ltd (TSE:ALA)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017ScotiabankReiterated RatingOutperformC$36.00View Rating Details
2/10/2017MacquarieUpgradeNeutral -> OutperformView Rating Details
2/3/2017AltaCorp CapitalReiterated RatingSector PerformView Rating Details
2/6/2017CIBCBoost Price TargetC$37.00 -> C$39.00View Rating Details
2/6/2017National Bank FinancialReiterated RatingOutperformC$38.00View Rating Details
2/6/2017Canaccord GenuityLower Price TargetHoldC$35.00 -> C$33.00View Rating Details
2/6/2017Royal Bank of CanadaReiterated RatingSector PerformC$35.00View Rating Details
2/3/2017Raymond James Financial, Inc.Lower Price TargetMarket PerformC$34.00 -> C$33.00View Rating Details
1/4/2017TD SecuritiesBoost Price TargetBuyC$36.00 -> C$37.00View Rating Details
1/4/2017RBC Capital MarketsSet Price TargetSector PerformC$35.00View Rating Details
10/21/2016DesjardinsUpgradeHold -> BuyC$34.00 -> C$38.00View Rating Details
10/21/2016GMP SecuritiesDowngradeBuy -> HoldView Rating Details
7/12/2016FirstEnergy CapitalReiterated RatingOutperformView Rating Details
7/7/2016BMO Capital MarketsBoost Price TargetC$34.00 -> C$35.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Altagas Ltd (TSE:ALA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
7/30/2015Q2$0.09$0.06ViewListenView Earnings Details
8/1/2014$0.22$0.22ViewN/AView Earnings Details
5/2/2014$0.59$0.60ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Altagas Ltd (TSE:ALA)
Current Year EPS Consensus Estimate: $0.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.31$0.31$0.31
Q3 20161$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Altagas Ltd (TSE:ALA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/23/2015MonthlyC$0.165.01%6/23/20157/15/20157/15/2015
5/21/2015MonthlyC$0.164.69%5/21/20156/15/20156/15/2015
4/23/2015MonthlyC$0.154.26%4/23/20155/15/20155/15/2015
3/23/2015MonthlyC$0.154.13%3/23/20154/15/20154/15/2015
2/23/2015MonthlyC$0.153.83%2/23/20153/16/20153/16/2015
1/22/2015MonthlyC$0.154.56%1/22/20152/17/20152/17/2015
12/10/2014dec 14C$0.154.78%12/23/201412/29/20141/15/2015
10/30/2014nov 14C$0.153.79%11/21/201411/25/201412/15/2014
10/10/2014oct 14C$0.153.97%10/23/201410/27/201411/17/2014
9/23/2014MonthlyC$0.153.46%9/23/201410/15/201410/15/2014
8/21/2014MonthlyC$0.153.59%8/21/20149/15/20149/15/2014
7/10/2014jul 14C$0.153.63%7/23/20147/25/20148/15/2014
6/10/2014jun 14C$0.153.61%6/23/20146/25/20147/15/2014
5/1/2014may 14C$0.153.6%5/22/20145/26/20146/16/2014
4/10/2014apr 14C$0.133.29%4/23/20144/25/20145/15/2014
3/21/2014MonthlyC$0.133.49%3/21/20144/15/20144/15/2014
2/10/2014C$0.122/21/20142/25/20143/17/2014
2/10/2014feb 14C$0.133.69%2/21/20142/25/20143/17/2014
1/10/2014C$0.121/23/20141/27/20142/18/2014
1/10/2014jan 14C$0.133.76%1/23/20141/27/20142/18/2014
12/10/2013dec 13C$0.133.87%12/23/201312/27/20131/15/2014
10/10/2013oct 13C$0.1310/23/201310/25/201311/15/2013
9/10/2013sep 13C$0.139/23/20139/25/201310/15/2013
8/1/2013aug 13C$0.138/22/20138/26/20139/16/2013
7/10/2013jul 13C$0.137/23/20137/25/20138/15/2013
6/10/2013jun 13C$0.136/21/20136/25/20137/15/2013
4/10/2013apr 13C$0.124/23/20134/25/20135/15/2013
2/28/2013mar 13C$0.123/21/20133/25/20134/15/2013
2/11/2013feb 13C$0.122/21/20132/25/20133/15/2013
1/10/2013jan 13C$0.121/23/20131/25/20132/15/2013
12/10/2012dec 12C$0.1212/21/201212/27/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Altagas Ltd (TSE:ALA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/17/2016Deborah Susan SteinInsiderSell5,000C$33.65C$168,250.00
3/16/2016Deborah Susan SteinInsiderSell3,100C$14.24C$44,144.00
3/3/2016Deborah Susan SteinInsiderSell7,500C$33.00C$247,500.00
12/16/2015Peter Lauren KarlInsiderSell8,000C$30.40C$243,200.00
12/7/2015Phillip R KnollDirectorBuy1,500C$28.74C$43,110.00
12/4/2015Allan Leslie EdgeworthDirectorSell10,000C$31.11C$311,086.00
11/13/2015Phillip R KnollDirectorBuy1,500C$32.50C$48,750.00
11/4/2015David Wallace CornhillDirectorSell90,100C$34.35C$3,094,935.00
8/12/2015Timothy William WatsonInsiderBuy2,400C$34.35C$82,431.12
3/13/2015Allan Leslie EdgeworthDirectorSell4,600C$40.45C$186,070.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Altagas Ltd (TSE:ALA)
DateHeadline
News IconInvestors are Keeping Tabs on AltaGas Ltd. (TSX:ALA) - Benton Bulletin (TSE:ALA)
bentonbulletin.com - February 25 at 1:31 AM
marketwired.com logoAltaGas Ltd. Files 2016 Year-End Financial Disclosure Documents - Marketwired (press release) (TSE:ALA)
www.marketwired.com - February 25 at 1:31 AM
finance.yahoo.com logoIncome Investors: Should You Buy Altagas Ltd. or Corus Entertainment Inc.? (TSE:ALA)
ca.finance.yahoo.com - February 24 at 10:47 AM
fool.ca logoIncome Investors: Should You Buy Altagas Ltd. or Corus Entertainment Inc.? - The Motley Fool Canada (TSE:ALA)
www.fool.ca - February 24 at 10:47 AM
News IconAltaGas Ltd. Reports 2016 Fourth Quarter and Year End Results - BOE Report (press release) (TSE:ALA)
boereport.com - February 23 at 8:28 PM
finance.yahoo.com logoAltaGas Ltd. Files 2016 Year-End Financial Disclosure Documents (TSE:ALA)
finance.yahoo.com - February 23 at 8:28 PM
marketwired.com logoAltaGas Ltd. Reports 2016 Fourth Quarter and Year End Results - Marketwired (press release) (TSE:ALA)
www.marketwired.com - February 23 at 3:27 PM
News IconStock Update: Levels in Review for AltaGas Ltd (ALA.TO) - Midway Monitor (TSE:ALA)
midwaymonitor.com - February 23 at 3:27 PM
biz.yahoo.com logoQ4 2016 Altagas Ltd Earnings Release - Before Market Open (TSE:ALA)
biz.yahoo.com - February 23 at 3:27 PM
finance.yahoo.com logoAltaGas Ltd. Reports 2016 Fourth Quarter and Year End Results (TSE:ALA)
finance.yahoo.com - February 23 at 3:27 PM
finance.yahoo.com logoResearch Reports Initiated on Energy Stocks Inter Pipeline, AltaGas Keyera, and Gibson Energy (TSE:ALA)
finance.yahoo.com - February 23 at 3:27 PM
News IconAltaGas Ltd. Announces Closing of $300 Million Preferred Share ... - BOE Report (press release) (TSE:ALA)
boereport.com - February 23 at 1:29 AM
News IconTrading Circle: Narrowing in on Shares of AltaGas Ltd. (TSX:ALA) - Piedmont Register (TSE:ALA)
piedmontregister.com - February 22 at 3:27 PM
finance.yahoo.com logoIIROC Trade Resumption - ALA.PR.K (TSE:ALA)
finance.yahoo.com - February 22 at 11:38 AM
finance.yahoo.com logoContrarian Investors: An Unloved High-Yield Income Stock for Your TFSA (TSE:ALA)
ca.finance.yahoo.com - February 22 at 11:38 AM
marketwired.com logoAltaGas Ltd. Announces Closing of $300 Million Preferred Share Offering (TSE:ALA)
www.marketwired.com - February 22 at 11:38 AM
News IconShould income investors buy AltaGas Ltd (TSX:ALA) before its ex-dividend date? - Simply Wall St (TSE:ALA)
simplywall.st - February 19 at 6:49 AM
fool.ca logoAll You Need to Know About Altagas Ltd.'s Subscription Receipts ... - The Motley Fool Canada (TSE:ALA)
www.fool.ca - February 18 at 3:25 PM
finance.yahoo.com logoBurning it up With Altagas Ltd. (TSE:ALA)
ca.finance.yahoo.com - February 16 at 8:29 PM
baystreet.ca logoAltagas Ltd: Is the 6.7% Dividend in Danger? (TSE:ALA)
www.baystreet.ca - February 16 at 8:29 PM
fool.ca logoBurning it up With Altagas Ltd. - The Motley Fool Canada (TSE:ALA)
www.fool.ca - February 16 at 7:37 AM
News IconTechnical Levels in Focus for AltaGas Ltd. (ALA.TO) - Benton Bulletin (TSE:ALA)
bentonbulletin.com - February 14 at 8:44 PM
finance.yahoo.com logoIncome Investors: 2 High-Yield Picks for Your TFSA (TSE:ALA)
ca.finance.yahoo.com - February 13 at 8:56 PM
marketwired.com logoAltaGas Ltd. Increases Size of Preferred Share Offering (TSE:ALA)
www.marketwired.com - February 13 at 8:56 PM
News IconStock in Review: AltaGas Ltd. (TSX:ALA) - Midway Monitor (TSE:ALA)
midwaymonitor.com - February 13 at 3:54 PM
marketwired.com logoAltaGas Ltd. Announces $200 Million Preferred Share Offering - Marketwired (press release) (TSE:ALA)
www.marketwired.com - February 13 at 3:54 PM
fool.ca logoShould You Buy Altagas Ltd. Shares or the Subscription Receipts? - The Motley Fool Canada (TSE:ALA)
www.fool.ca - February 11 at 2:07 AM
News IconMarket Desk: Reviewing the Numbers for AltaGas Ltd. (TSX:ALA) - Baxter Review (TSE:ALA)
baxternewsreview.com - February 10 at 3:55 PM
finance.yahoo.com logoAltaGas Ltd. Announces Monthly Dividend (TSE:ALA)
finance.yahoo.com - February 10 at 3:55 PM
News IconChecking in on the Numbers for AltaGas Ltd. (TSX:ALA) - Davidson Register (TSE:ALA)
davidsonregister.com - February 9 at 3:28 PM
finance.yahoo.com logoAltaGas Ltd. to Issue Fourth Quarter and Full Year 2016 Results (TSE:ALA)
finance.yahoo.com - February 8 at 8:38 PM
News IconTrading Ledger: Keeping an Eye on AltaGas Ltd. (TSX:ALA) - Searcy News (TSE:ALA)
searcysentinel.com - February 8 at 3:38 PM
News IconTrading Ledger: Keeping an Eye on AltaGas Ltd. (TSX:ALA) - Searcy News (TSE:ALA)
searcysentinel.com - February 8 at 3:38 PM
News IconWatching the Levels: AltaGas Ltd. (TSX:ALA) - Sherwood Daily (TSE:ALA)
sherwooddaily.com - February 7 at 3:54 PM
finance.yahoo.com logo5 Top Reasons to Invest in Altagas Ltd. Today (TSE:ALA)
ca.finance.yahoo.com - February 7 at 1:33 AM
News IconIs Momentum Mounting for AltaGas Ltd. (ALA.TO) - Rives Journal (TSE:ALA)
rivesjournal.com - February 6 at 3:30 PM
News IconAltaGas Ltd. Announces Closing of $2.5 Billion Subscription Receipt Offering Comprised of $2.1 Billion Bought Deal and $400 Million Private Placement (TSE:ALA)
www.wallstreet-online.de - February 3 at 9:38 PM
seekingalpha.com logoAltaGas: Gunning For Growth (TSE:ALA)
seekingalpha.com - February 3 at 9:38 PM
News IconTechnical Investor Update on Shares of AltaGas Ltd. (ALA.TO) - Rives Journal (TSE:ALA)
rivesjournal.com - February 3 at 3:33 PM
News IconAltaGas Ltd. Announces Closing of $2.5 Billion Subscription Receipt ... - BOE Report (press release) (TSE:ALA)
boereport.com - February 3 at 3:33 PM
moodys.com logoWGL Holdings, Inc. -- Moody's affirms the ratings of WGL Holdings and Washington Gas Light Company; outlooks changed to negative from stable (TSE:ALA)
www.moodys.com - February 1 at 8:33 PM
fool.ca logoCould Altagas Ltd. Be the Best Contrarian Play for 2017? - The Motley Fool Canada (TSE:ALA)
www.fool.ca - February 1 at 3:32 PM
News IconMarket Scope: F-Score and Volatility Review for AltaGas Ltd. (TSX:ALA) - Gilbert Daily (TSE:ALA)
gilbertdaily.com - February 1 at 3:32 PM
finance.yahoo.com logo2 High-Yield Dividend Stocks for Your RRSP Today (TSE:ALA)
ca.finance.yahoo.com - February 1 at 1:40 AM
News IconAverage Directional Index Review for AltaGas Ltd. (ALA.TO) - Rives Journal (TSE:ALA)
rivesjournal.com - January 31 at 3:37 PM
News IconVC Score In Focus for AltaGas Ltd. (TSX:ALA) - Gilbert Daily (TSE:ALA)
gilbertdaily.com - January 31 at 3:37 PM
finance.yahoo.com logoA Top Dividend-Growth Stock With a 6.7% Yield (TSE:ALA)
ca.finance.yahoo.com - January 31 at 1:39 AM
News IconAltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction (TSE:ALA)
www.oilandgas360.com - January 31 at 1:39 AM
News IconWatching the Charts on Shares of AltaGas Ltd. (ALA.TO) - Rives Journal (TSE:ALA)
rivesjournal.com - January 30 at 3:37 PM
News IconInvestor Monitor: Looking Closer at Shares of AltaGas Ltd. (TSX:ALA) - Gilbert Daily (TSE:ALA)
gilbertdaily.com - January 30 at 3:37 PM

Social

What is Altagas Ltd's stock symbol?

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

Where is Altagas Ltd's stock going? Where will Altagas Ltd's stock price be in 2017?

13 brokers have issued 1-year price objectives for Altagas Ltd's stock. Their forecasts range from C$33.00 to C$39.00. On average, they anticipate Altagas Ltd's stock price to reach C$35.90 in the next twelve months.

When will Altagas Ltd announce their earnings?

Altagas Ltd is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

How do I buy Altagas Ltd stock?

Shares of Altagas Ltd 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.

How much does a share of Altagas Ltd stock cost?

One share of Altagas Ltd stock can currently be purchased for approximately C$30.94.

Altagas Ltd (TSE:ALA) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Altagas Ltd (TSE:ALA)

Earnings History Chart

Earnings by Quarter for Altagas Ltd (TSE:ALA)

Dividend History Chart

Dividend Payments by Quarter for Altagas Ltd (TSE:ALA)

Last Updated on 2/25/2017 by MarketBeat.com Staff