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

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C$17.66 -0.16 (-0.90 %)
(As of 03/21/2019 03:38 AM ET)
Previous CloseC$17.82
Today's RangeC$17.54 - C$17.89
52-Week RangeC$11.87 - C$28.45
Volume923,181 shs
Average Volume1.28 million shs
Market CapitalizationC$4.75 billion
P/E Ratio-7.83
Dividend Yield5.39%
BetaN/A
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. It operates through three segments: Gas, Power, and Utilities. The Gas segment engages in natural gas gathering and processing; natural gas liquids (NGL) extraction and separation, transmission, and storage; and natural gas and NGL marketing activities, as well as buying and selling natural gas. It serves customers in the Western Canada Sedimentary Basin. This segment operates 1.7 billion cubic feet per day (Bcf/d) of extraction processing capacity; approximately 1.1 Bcf/d of raw field gas processing capacity; and 30 gathering and processing facilities in Western Canada, as well as a network of approximately 5,000 kilometers of gathering and sales lines. The Power segment is involved in the generation and sale of electricity and ancillary services in Western Canada and the United States. As of December 31, 2017, it had 1,708 megawatts of gross power generation capacity from gas-fired, hydro, wind, and biomass plants. The Utilities segment operates regulated natural gas distribution utilities across North America, as well as a regulated natural gas storage utility in the United States serving approximately 580,000 customers. The company offers retail energy marketing services to residential, commercial, and industrial customers. AltaGas Ltd. was founded in 1993 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$4.26 billion
Cash FlowC$0.37 per share
Book ValueC$20.71 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$4.75 billion
Next Earnings Date4/25/2019 (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 Monday, February 11th. Stockholders of record on Monday, February 25th will be paid a dividend of 0.08 per share on Friday, March 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date is Friday, February 22nd. View Altagas' Dividend History.

How were Altagas' earnings last quarter?

Altagas Ltd (TSE:ALA) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company earned $539 million during the quarter, compared to analysts' expectations of $633.11 million. View Altagas' Earnings History.

When is Altagas' next earnings date?

Altagas is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Altagas.

What price target have analysts set for ALA?

9 Wall Street analysts have issued 1 year target prices for Altagas' shares. Their predictions range from C$16.00 to C$27.00. On average, they anticipate Altagas' share price to reach C$19.59 in the next twelve months. This suggests a possible upside of 10.9% 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 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altagas.

Has Altagas been receiving favorable news coverage?

News stories about ALA stock have trended very negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news 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 media sentiment score of -3.6 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

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. David Wallace Cornhill B.Sc.(Hons.), MBA, Founder & Chairman (Age 65)
  • Mr. Timothy William Watson CFA, ICD.D, Exec. VP & CFO
  • Ms. Corine Renne Knight Bushfield, Exec. VP & Chief Admin. Officer (Age 44)
  • Mr. Bradley B. Grant Esq., B.Comm, LLB, MBA, Exec. VP & Chief Legal Officer
  • Mr. Randall L. Crawford, Pres, CEO & Non-Independent Director (Age 56)

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$17.66.

How big of a company is Altagas?

Altagas has a market capitalization of C$4.75 billion and generates C$4.26 billion in revenue each year.

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:  384 (Vote Outperform)
Underperform Votes:  462 (Vote Underperform)
Total Votes:  846
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 3/21/2019 by MarketBeat.com Staff

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