Altagas Ltd Company Profile (TSE:ALA)

About Altagas Ltd (TSE:ALA)

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
  • Symbol: TSE:ALA
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$5.15 billion
  • Outstanding Shares: 169,565,000
Average Prices:
  • 50 Day Moving Avg: C$30.93
  • 200 Day Moving Avg: C$31.79
  • 52 Week Range: C$29.96 - C$35.55
P/E:
  • Trailing P/E Ratio: 37.99
  • P/E Growth: -19.03
Sales & Book Value:
  • Annual Revenue: C$2.37 billion
  • Price / Sales: 2.17
  • Book Value: C$21.07 per share
  • Price / Book: 1.44
Dividend:
  • Dividend Yield: 6.9%
Profitability:
  • EBIDTA: C$691.9 million
Misc:
  • Average Volume: 543,792 shs.
  • Short Ratio: 5.76
 

Frequently Asked Questions for Altagas Ltd (TSE:ALA)

What is Altagas Ltd's stock symbol?

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

How were Altagas Ltd's earnings last quarter?

Altagas Ltd (TSE:ALA) announced its earnings results on Thursday, July, 30th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.03. The firm earned $416 million during the quarter, compared to analyst estimates of $671 million. View Altagas Ltd's Earnings History.

When will Altagas Ltd make its next earnings announcement?

Altagas Ltd is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Altagas Ltd.

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

12 equities research analysts have issued 1-year price objectives for Altagas Ltd's stock. Their forecasts range from C$32.00 to C$39.00. On average, they anticipate Altagas Ltd's stock price to reach C$35.89 in the next twelve months. View Analyst Ratings for Altagas Ltd.

Who are some of Altagas Ltd's key competitors?

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$30.39.

Analyst Ratings

Consensus Ratings for Altagas Ltd (TSE:ALA) (?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: C$35.89

Analysts' Ratings History for Altagas Ltd (TSE:ALA)
Show:
DateFirmActionRatingPrice TargetDetails
4/27/2017ScotiabankReiterated RatingOutperformC$36.00View Rating Details
4/27/2017Raymond James Financial, Inc.Reiterated RatingMarket PerformC$32.00View Rating Details
3/20/2017Royal Bank of CanadaReiterated RatingSector PerformC$35.00View 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
1/4/2017TD SecuritiesBoost Price TargetBuyC$36.00 -> C$37.00View 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 5/28/2015 forward)

Earnings

Earnings History for Altagas Ltd (TSE:ALA)
Earnings by Quarter for Altagas Ltd (TSE:ALA)
Earnings History by Quarter for Altagas Ltd (TSE:ALA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
7/30/2015Q2$0.09$0.06$671.00 million$416.00 millionViewListenView Earnings Details
7/31/2014$0.22$0.22$215.10 million$219.90 millionViewN/AView Earnings Details
5/1/2014$0.59$0.60$286.20 million$296.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Altagas Ltd (TSE:ALA)
Current Year EPS Consensus Estimate: $0.94 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Altagas Ltd (TSE:ALA)
Insider Trades by Quarter for Altagas Ltd (TSE:ALA)
Insider Trades by Quarter for Altagas Ltd (TSE:ALA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/8/2017Kent Eugene StoutInsiderSell1,000C$31.60C$31,600.00
5/2/2017Kent Eugene StoutInsiderSell1,000C$30.50C$30,500.00
3/17/2017Shaun William ToivanenInsiderBuy500C$29.85C$14,925.00
3/16/2017Peter Lauren KarlInsiderSell2,200C$30.83C$67,826.00
3/9/2017Phillip R KnollDirectorBuy1,000C$29.75C$29,750.00
3/2/2017Allan Leslie EdgeworthDirectorSell1,100C$31.12C$34,232.00
2/27/2017David French MackieDirectorBuy5,000C$30.98C$154,900.00
2/27/2017Shaun William ToivanenInsiderBuy1,550C$29.94C$46,407.00
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

Headline Trends for Altagas Ltd (TSE:ALA)
Latest Headlines for Altagas Ltd (TSE:ALA)
Source:
DateHeadline
finance.yahoo.com logoAltaGas Ltd. : ALA-CA: Dividend Analysis : May 25th, 2017 (record date) : By the numbers : May 24, 2017
finance.yahoo.com - May 24 at 3:26 PM
finance.yahoo.com logoAltaGas Ltd. breached its 50 day moving average in a Bullish Manner : ALA-CA : May 16, 2017
finance.yahoo.com - May 16 at 3:28 PM
fool.ca logo2 Value Stocks With Enormous Dividends to Buy Now
www.fool.ca - May 15 at 3:27 PM
businesswire.com logoWGL Holdings, Inc. Receives Shareholder Approval to Merge Operations with AltaGas Ltd. - Business Wire (press release)
www.businesswire.com - May 10 at 8:38 PM
americanbankingnews.com logoKent Eugene Stout Sells 1,000 Shares of Altagas Ltd (ALA) Stock
www.americanbankingnews.com - May 9 at 1:14 PM
americanbankingnews.com logoAltagas Ltd (ALA) Insider Kent Eugene Stout Sells 1,000 Shares of Stock
www.americanbankingnews.com - May 6 at 12:58 AM
finance.yahoo.com logoVopak and AltaGas to jointly invest in Propane Export Terminal in Canada
finance.yahoo.com - May 5 at 8:29 PM
finance.yahoo.com logoResearch Reports Initiated on Energy Stocks: Inter Pipeline, AltaGas, Keyera, and Gibson Energy
finance.yahoo.com - May 5 at 3:27 PM
americanbankingnews.com logoAltagas Ltd (ALA) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 5 at 10:28 AM
americanbankingnews.com logoAltagas Ltd (ALA) Insider Kent Eugene Stout Sells 1,000 Shares
www.americanbankingnews.com - May 4 at 7:06 PM
finance.yahoo.com logoAltaGas Ltd. breached its 50 day moving average in a Bullish Manner : ALA-CA : May 3, 2017
finance.yahoo.com - May 3 at 3:29 PM
seekingalpha.com logoIs Altagas's Big Yield Actually Safe? - Seeking Alpha
seekingalpha.com - May 1 at 3:31 PM
americanbankingnews.com logoAltagas Ltd (ALA) Receives Outperform Rating from Scotiabank
www.americanbankingnews.com - April 27 at 9:20 PM
americanbankingnews.com logoRaymond James Financial, Inc. Reiterates "Market Perform" Rating for Altagas Ltd (ALA)
www.americanbankingnews.com - April 27 at 9:20 PM
fool.ca logoBuy This High-Yield Stock While it’s Cheap
www.fool.ca - April 27 at 8:53 PM
seekingalpha.com logoAltaGas - Record Quarter - Seeking Alpha
seekingalpha.com - April 27 at 8:53 PM
finance.yahoo.com logoEdited Transcript of ALA.TO earnings conference call or presentation 26-Apr-17 3:00pm GMT
finance.yahoo.com - April 27 at 3:49 PM
finance.yahoo.com logoAltaGas Ltd. Announces Election of Directors
finance.yahoo.com - April 27 at 3:49 PM
finance.yahoo.com logoAltaGas Ltd. Reports Record 2017 First Quarter Results
finance.yahoo.com - April 26 at 3:39 PM
americanbankingnews.com logoAltagas Ltd (ALA) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 24 at 8:02 AM
fool.ca logoWhy Altagas Ltd. Stock Could Easily Jump 25% From Here - The Motley Fool Canada
www.fool.ca - April 21 at 3:29 PM
finance.yahoo.com logoAltaGas Ltd. breached its 50 day moving average in a Bullish Manner : ALA-CA : April 21, 2017
finance.yahoo.com - April 21 at 3:29 PM
finance.yahoo.com logoAltaGas Ltd. : ALA-CA: Dividend Analysis : April 25th, 2017 (record date) : By the numbers : April 21, 2017
finance.yahoo.com - April 21 at 3:29 PM
nasdaq.com logoAltaGas Named Top 25 Dividend Stock With 6.76% Yield (ALA) - Nasdaq
www.nasdaq.com - April 13 at 3:40 PM
finance.yahoo.com logoAltaGas Ltd. – Value Analysis (TORONTO:ALA) : April 12, 2017
finance.yahoo.com - April 12 at 3:25 PM
finance.yahoo.com logoAltaGas Ltd. breached its 50 day moving average in a Bullish Manner : ALA-CA : April 11, 2017
finance.yahoo.com - April 11 at 3:27 PM
americanbankingnews.com logoAltagas Ltd (ALA) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - April 10 at 10:46 AM
finance.yahoo.com logoETFs with exposure to AltaGas Ltd. : April 7, 2017
finance.yahoo.com - April 7 at 8:57 PM
finance.yahoo.com logoAltaGas Ltd. to Hold Annual Meeting of Shareholders and Issue First Quarter 2017 Results
finance.yahoo.com - April 7 at 8:57 PM
fool.ca logoEnbridge Inc. vs. Altagas Ltd.: Which Is a Better Dividend Bet? - The Motley Fool Canada
www.fool.ca - April 7 at 3:28 PM
reuters.com logoRBC, JPMorgan lead Canadian equity advisory in first quarter
www.reuters.com - April 7 at 7:49 AM
finance.yahoo.com logoAltaGas Ltd. Announces Simplified Sale Program
finance.yahoo.com - April 3 at 3:44 PM
fool.ca logoThese +6% Yielders Pay You Every Month
www.fool.ca - March 30 at 3:51 PM
finance.yahoo.com logoResearch Reports Initiated on Energy Stocks Inter Pipeline, Keyera, Gibson Energy, and AltaGas
finance.yahoo.com - March 29 at 10:15 AM
americanbankingnews.com logoAltagas Ltd (ALA) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - March 24 at 7:01 AM
fool.ca logo2 Must-Have Traits of a Retirement Dividend Portfolio
www.fool.ca - March 22 at 3:28 PM
americanbankingnews.com logoShaun William Toivanen Purchases 500 Shares of Altagas Ltd (ALA) Stock
www.americanbankingnews.com - March 20 at 4:55 PM
americanbankingnews.com logoRoyal Bank of Canada Reiterates "Sector Perform" Rating for Altagas Ltd (ALA)
www.americanbankingnews.com - March 20 at 12:58 PM
nasdaq.com logoEx-Div Reminder for AltaGas Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A
www.nasdaq.com - March 13 at 8:30 PM
americanbankingnews.com logoAltagas Ltd (ALA) Director Phillip R. Knoll Buys 1,000 Shares
www.americanbankingnews.com - March 10 at 1:00 AM
fool.ca logoCan You Trust Altagas Ltd.'s Big Dividend? - The Motley Fool Canada
www.fool.ca - March 9 at 3:30 PM
fool.ca logoCollect $500 a Month From These 5 Monthly Dividend Studs
www.fool.ca - March 6 at 11:19 AM
theglobeandmail.com logoAltaGas Ltd. Announces Closing of $118 Million Subscription Receipt Over-Allotment Option
www.theglobeandmail.com - March 3 at 8:42 PM
fool.ca logoIncome Investors: Should You Buy Altagas Ltd. or Corus Entertainment Inc.? - The Motley Fool Canada
www.fool.ca - February 24 at 10:47 AM
finance.yahoo.com logoAltaGas Ltd. Files 2016 Year-End Financial Disclosure Documents
finance.yahoo.com - February 23 at 8:28 PM
biz.yahoo.com logoQ4 2016 Altagas Ltd Earnings Release - Before Market Open
biz.yahoo.com - February 23 at 3:27 PM
finance.yahoo.com logoAltaGas Ltd. Reports 2016 Fourth Quarter and Year End Results
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
finance.yahoo.com - February 23 at 3:27 PM
finance.yahoo.com logoIIROC Trade Resumption - ALA.PR.K
finance.yahoo.com - February 22 at 11:38 AM
fool.ca logoAll You Need to Know About Altagas Ltd.'s Subscription Receipts ... - The Motley Fool Canada
www.fool.ca - February 18 at 3:25 PM

Social

Chart

Altagas Ltd (ALA) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff