AltaGas (ALA) Competitors

C$29.99
-0.23 (-0.76%)
(As of 02:33 PM ET)

ALA vs. KEY, GEI, TPZ, PPL, MEG, PKI, CPG, SCR, PSK, and WCP

Should you be buying AltaGas stock or one of its competitors? The main competitors of AltaGas include Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Pembina Pipeline (PPL), MEG Energy (MEG), Parkland (PKI), Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), and Whitecap Resources (WCP). These companies are all part of the "energy" sector.

AltaGas vs.

Keyera (TSE:KEY) and AltaGas (TSE:ALA) are both mid-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends, earnings, media sentiment and community ranking.

Keyera has a net margin of 6.01% compared to Keyera's net margin of 5.18%. AltaGas' return on equity of 15.15% beat Keyera's return on equity.

Company Net Margins Return on Equity Return on Assets
Keyera6.01% 15.15% 6.78%
AltaGas 5.18%8.90%2.46%

Keyera has a beta of 2.12, indicating that its stock price is 112% more volatile than the S&P 500. Comparatively, AltaGas has a beta of 1.22, indicating that its stock price is 22% more volatile than the S&P 500.

43.4% of Keyera shares are owned by institutional investors. Comparatively, 34.6% of AltaGas shares are owned by institutional investors. 0.4% of Keyera shares are owned by company insiders. Comparatively, 0.6% of AltaGas shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Keyera presently has a consensus price target of C$36.67, suggesting a potential upside of 3.46%. AltaGas has a consensus price target of C$33.75, suggesting a potential upside of 11.68%. Given Keyera's stronger consensus rating and higher probable upside, analysts clearly believe AltaGas is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Keyera
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
AltaGas
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
3.00

AltaGas has higher revenue and earnings than Keyera. AltaGas is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$7.05B1.15C$424.03MC$1.8519.16
AltaGasC$13B0.69C$641MC$2.2613.37

Keyera pays an annual dividend of C$2.00 per share and has a dividend yield of 5.6%. AltaGas pays an annual dividend of C$1.19 per share and has a dividend yield of 3.9%. Keyera pays out 108.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. AltaGas pays out 52.7% of its earnings in the form of a dividend.

AltaGas received 27 more outperform votes than Keyera when rated by MarketBeat users. Likewise, 62.87% of users gave AltaGas an outperform vote while only 55.97% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
KeyeraOutperform Votes
525
55.97%
Underperform Votes
413
44.03%
AltaGasOutperform Votes
552
62.87%
Underperform Votes
326
37.13%

In the previous week, Keyera had 1 more articles in the media than AltaGas. MarketBeat recorded 13 mentions for Keyera and 12 mentions for AltaGas. Keyera's average media sentiment score of 0.41 beat AltaGas' score of 0.37 indicating that AltaGas is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Keyera
3 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AltaGas
1 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

AltaGas beats Keyera on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALA vs. The Competition

MetricAltaGasOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$8.92BC$25.98BC$4.09BC$5.30B
Dividend Yield4.04%6.01%7.43%5.51%
P/E Ratio13.379.7484.8123.92
Price / Sales0.692.6320,728.951,420.89
Price / Cash52.24109.0965.9279.34
Price / Book1.222.201.433.11
Net IncomeC$641MC$1.41BC$497.71MC$296.70M
7 Day Performance1.10%1.11%0.57%0.36%
1 Month Performance2.82%0.42%3.18%14.23%
1 Year Performance26.81%8.38%23.49%21.66%

AltaGas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KEY
Keyera
2.068 of 5 stars
C$35.74
+1.4%
C$36.72
+2.7%
+11.1%C$8.19BC$7.05B19.321,005Analyst Report
Analyst Revision
News Coverage
GEI
Gibson Energy
2.3916 of 5 stars
C$22.77
+0.3%
C$25.46
+11.8%
+2.3%C$3.68BC$11.01B16.15460Upcoming Earnings
Analyst Revision
News Coverage
Positive News
TPZ
Topaz Energy
3.6224 of 5 stars
C$22.40
+0.2%
C$26.73
+19.3%
+17.4%C$3.24BC$321.42M67.888Analyst Report
Positive News
PPL
Pembina Pipeline
2.6962 of 5 stars
C$48.50
+0.9%
C$53.08
+9.5%
+10.2%C$26.65BC$9.13B16.222,349Analyst Revision
MEG
MEG Energy
2.1993 of 5 stars
C$31.70
+1.5%
C$33.09
+4.4%
+45.4%C$8.63BC$5.65B16.01449
PKI
Parkland
3.3 of 5 stars
C$42.71
+0.6%
C$51.69
+21.0%
+39.7%C$7.51BC$32.45B16.242,019Upcoming Earnings
Analyst Revision
CPG
Crescent Point Energy
3.8298 of 5 stars
C$12.10
+1.7%
C$14.55
+20.2%
+24.1%C$7.50BC$3.19B8.29777Analyst Report
Analyst Revision
Positive News
SCR
Strathcona Resources
0.3295 of 5 stars
C$33.51
+2.4%
C$34.57
+3.2%
N/AC$7.18BC$4.31B-15.27193Positive News
PSK
PrairieSky Royalty
3.1284 of 5 stars
C$27.04
-1.5%
C$26.48
-2.1%
+28.6%C$6.46BC$479.60M28.4665Analyst Report
Insider Buying
WCP
Whitecap Resources
4.319 of 5 stars
C$10.65
+2.7%
C$13.44
+26.2%
+1.7%C$6.37BC$3.23B7.29542Earnings Report
Analyst Report

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This page (TSE:ALA) was last updated on 4/26/2024 by MarketBeat.com Staff

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