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

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C$21.11 -0.61 (-2.81 %)
(As of 09/21/2018 04:42 AM ET)
Previous CloseC$21.72
Today's RangeC$21.03 - C$21.89
52-Week RangeC$21.03 - C$30.06
Volume2.46 million shs
Average Volume835,155 shs
Market CapitalizationC$4.29 billion
P/E RatioN/A
Dividend Yield10.08%
Beta0.4
Altagas logoAltaGas 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

Stock Exchange TSE
Industry Oil & Gas Pipelines
Sub-IndustryN/A
SectorBasic Materials
SymbolTSE:ALA
CUSIPN/A
Phone+1-403-6917575

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-3.60%
Return on Equity-5.43%
Return on Assets-1.08%

Miscellaneous

EmployeesN/A
Outstanding Shares180,736,000
Market CapC$4.29 billion

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 declared a monthly dividend on Monday, September 10th. Stockholders of record on Tuesday, September 25th will be paid a dividend of 0.183 per share on Monday, October 15th. This represents a $2.20 annualized dividend and a dividend yield of 10.40%. The ex-dividend date is Monday, September 24th. View Altagas' Dividend History.

How were Altagas' earnings last quarter?

Altagas Ltd (TSE:ALA) announced its quarterly earnings results on Wednesday, August, 1st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.02. The business earned $610 million during the quarter, compared to analyst estimates of $627.43 million. Altagas had a negative return on equity of 5.43% and a negative net margin of 3.60%. View Altagas' Earnings History.

When is Altagas' next earnings date?

Altagas is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Altagas.

What price target have analysts set for ALA?

8 analysts have issued twelve-month target prices for Altagas' stock. Their predictions range from C$23.00 to C$32.00. On average, they expect Altagas' stock price to reach C$27.39 in the next year. This suggests a possible upside of 29.7% from the stock's current price. View Analyst Price Targets for Altagas.

What is the consensus analysts' recommendation for Altagas?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altagas in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altagas.

Who are some of Altagas' key competitors?

Who are Altagas' key executives?

Altagas' management team includes the folowing people:
  • Mr. David Wallace Cornhill B.Sc.(Hons.), MBA, Founder, Chairman & Interim Co-CEO (Age 64)
  • Mr. Phillip R. Knoll P.Eng., ICD.D, Interim Co-CEO & Non-Independent Director (Age 63)
  • Mr. Timothy William Watson CFA, ICD.D, Exec. VP & CFO
  • Ms. Corine Renne Knight Bushfield, Exec. VP & Chief Admin. Officer (Age 43)
  • Mr. Bradley B. Grant Esq., B.Comm, LLB, MBA, Exec. VP & Chief Legal Officer

Has Altagas been receiving favorable news coverage?

News articles about ALA stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altagas earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news articles about the company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Altagas.

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$21.11.

How big of a company is Altagas?

Altagas has a market capitalization of C$4.29 billion.

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:  350 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  773
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 9/21/2018 by MarketBeat.com Staff

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