AltaGas Ltd. (TSX: ALA)

Canada flag Canada · Delayed Price · Currency is CAD
34.88
-0.10 (-0.29%)
Jan 20, 2025, 2:58 PM EST
22.82%
Market Cap 10.42B
Revenue (ttm) 12.48B
Net Income (ttm) 488.00M
Shares Out 297.85M
EPS (ttm) 1.66
PE Ratio 21.05
Forward PE 15.89
Dividend 1.26 (3.60%)
Ex-Dividend Date Mar 17, 2025
Volume 117,888
Average Volume 1,038,720
Open 34.90
Previous Close 34.98
Day's Range 34.80 - 35.13
52-Week Range 26.91 - 35.77
Beta 1.20
RSI 64.68
Earnings Date Mar 5, 2025

About AltaGas

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering, proces... [Read more]

Sector Energy
Founded 1994
Employees 3,045
Stock Exchange Toronto Stock Exchange
Ticker Symbol ALA
Full Company Profile

Financial Performance

In 2023, AltaGas's revenue was 13.00 billion, a decrease of -7.74% compared to the previous year's 14.09 billion. Earnings were 641.00 million, an increase of 60.65%.

Financial Statements

News

AltaGas: Far Better Than It Was

AltaGas made a strategic error with a 2019 acquisition. The company has since improved its finances, which are now investment grade. AltaGas combines midstream operations in Canada and regulated natur...

13 days ago - Seeking Alpha

AltaGas Provides Year-end Update on Global Exports Tolling and Commercial Contracting

CALGARY, AB , Dec. 23, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to provide a year-end update on global exports tolling and commercial contracting activities. One o...

27 days ago - Benzinga

ALTAGAS ANNOUNCES 2025 GUIDANCE, SIX PERCENT DIVIDEND INCREASE, AND CONTINUED PROGRESS ON STRATEGIC PRIORITIES

CALGARY, AB , Dec. 3, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its 2025 guidance and outlook; a six percent increase to its common share dividend; and continued pro...

6 weeks ago - Benzinga

Jeff Parent's Past Picks: Altagas, Microsoft and Mueller Water Products

Jeff Parent, chief investment officer at Castlemoore, discusses his past picks: Altagas, Microsoft and Mueller Water Products.

2 months ago - BNN Bloomberg

Greg Newman's Past Picks: AltaGas and Chartwell Retirement Residences

Greg Newman, senior wealth advisor and portfolio manager at ScotiaMcLeod, shares his past picksl AltaGas and Chartwell Reitrement Residences.

2 months ago - BNN Bloomberg

Altagas Q3 adjustment ebitda beats estimates

AltaGas, CEO of Altagas, discusses its companits Q3 adjustment and beats its estimates.

2 months ago - BNN Bloomberg

AltaGas Ltd. 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by AltaGas Ltd.

2 months ago - Seeking Alpha

AltaGas reports Q3 results

AltaGas reports strong third quarter 2024 results with non-GAAP EPS of C$0.14 and revenue of C$2.76B, a decrease of 8.9% year-over-year.

2 months ago - Seeking Alpha

ALTAGAS REPORTS STRONG THIRD QUARTER 2024 RESULTS

The Company Expects 2024 Normalized EBITDA to be in the Upper End of Guidance Range, Based on Strong Utilities and Midstream Performance CALGARY, AB , Oct. 31, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or ...

2 months ago - Benzinga

Spain's airlines see winter sales boost due to Middle East conflict

Tourist destinations such as the Canary Islands will see more flights as some airlines re-route planes from Israel and other destinations in the Middle East, ALA President Javier Gandara said

3 months ago - Zawya

AltaGas: Locking In A 6.7% Preferred Divided Yield For The Next 5 Years

AltaGas is a Canadian utilities and infrastructure company with significant natural gas and LPG export capacities. Read more about the company's preferred shares.

3 months ago - Seeking Alpha

ALTAGAS ANNOUNCES CONVERSION OF SERIES H SHARES

CALGARY, AB , Sept. 30, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces that 1,114,177 Cumulative Redeemable Floating Rate Preferred Shares, Series H (the "Series H Shares...

4 months ago - Benzinga

Experts see hope in new book ban data, but caution much work is left to be done

Opponents of book bans across the nation see signs of hope in a pair of reports released this week, but they say the data also demonstrated the vast scope of the issue. The American Library Associatio...

4 months ago - The Hill

ALTAGAS ANNOUNCES CLOSING OF US$900 MILLION HYBRID NOTE OFFERING

CALGARY, AB , Sept. 23, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) has closed its previously announced US$900 million offering of 7.20 percent Fixed-to-Fixed Reset Rate Junior ...

4 months ago - Benzinga

ALTAGAS ANNOUNCES US$900 MILLION HYBRID SUBORDINATED NOTE OFFERING AND RESULTS OF SERIES G AND H PREFERRED SHARE CONVERSIONS

CALGARY, AB , Sept. 17, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announced the Company has priced an offering (the "Offering") of US$900 million aggregate principal amount of...

4 months ago - Benzinga

ALTAGAS PROVIDES FINAL PRICING AND DIVIDEND RESET RATES ON SERIES G AND SERIES H PREFERRED SHARES

CALGARY, AB , Sept. 3, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is providing updated and final pricing for the reset rates on its currently outstanding Cumulative Redeemable ...

4 months ago - Benzinga

ALTAGAS PROVIDES NOTICE OF SERIES G AND SERIES H PREFERRED SHARES CONVERSION RIGHTS AND DIVIDEND RATES

CALGARY, AB , Aug. 30, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) announced today that it does not intend to exercise its right to redeem any or all of its currently outstanding Cumulative Rede...

5 months ago - Benzinga

AltaGas Ltd. (ATGFF) Q2 2024 Earnings Call Transcript

AltaGas Ltd. (OTCPK:ATGFF) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ETCompany ParticipantsAaron Swanson - Vice President, Investor...

6 months ago - Seeking Alpha

Greg Newman's Past Picks: AltaGas, Chartwell Retirement Residences, and Comcast

Greg Newman, senior wealth advisor and portfolio manager of Newman Group, discusses his past picks: AltaGas, Chartwell Retirement Residences, and Comcast. ,

6 months ago - BNN Bloomberg

ALTAGAS REPORTS STRONG SECOND QUARTER 2024 RESULTS

Driven by Record Global Export Volumes and Strong Utilities Cost Management CALGARY, AB , Aug 1, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) reported second quarter 2024 financi...

6 months ago - Benzinga

ALTAGAS CLOSES ADDITIONAL MEDIUM TERM NOTE OFFERING

CALGARY, AB , July 9, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has closed its previously announced additional offering of $250 million aggregate principal amount of it...

6 months ago - Benzinga

Birchcliff and AltaGas Enhance Long-Term Partnership

Agreement Should Reduce Long-term Operating Costs, Increase LPGs to Premium Global Markets, and Drive Shareholder Value for Both Companies

7 months ago - GlobeNewsWire