AltaGas Ltd. (TSX: ALA)

Canada flag Canada · Delayed Price · Currency is CAD
30.08
-0.05 (-0.17%)
May 2, 2024, 1:45 PM EDT
27.51%
Market Cap 8.48B
Revenue (ttm) 13.09B
Net Income (ttm) 673.00M
Shares Out 295.89M
EPS (ttm) 2.29
PE Ratio 13.33
Forward PE 13.59
Dividend 1.14 (3.78%)
Ex-Dividend Date Mar 14, 2024
Volume 304,960
Open 30.30
Previous Close 30.13
Day's Range 29.51 - 30.30
52-Week Range 22.57 - 30.55
Beta 1.22
Analysts n/a
Price Target 33.82 (+12.43%)
Earnings Date May 2, 2024

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
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ALA
Full Company Profile

Financial Performance

In 2023, AltaGas's revenue was 12.90 billion, a decrease of -8.46% compared to the previous year's 14.09 billion. Earnings were 673.00 million, an increase of 68.67%.

Financial Statements

News

AltaGas Non-GAAP EPS of C$1.14, revenue of C$3.66B

AltaGas (ATGFF) reports Q1 Non-GAAP EPS of C$1.14, with revenue at C$3.66B (-9.6% Y/Y).

16 hours ago - Seeking Alpha

ALTAGAS REPORTS STRONG FIRST QUARTER 2024 RESULTS

Performance Due to Strong Midstream Execution, Record First Quarter Global Export Volumes, and Continued Advancement of Major Strategic Priorities CALGARY, AB , May 2, 2024 /CNW/ - AltaGas Ltd. ("Alta...

16 hours ago - Benzinga

ALP NG & Co, ALA Ghana forge strategic alliance

ALP NG & Co in solidifying its partnerships across Africa has allied with a Ghana-based full-service pan-African firm renowned for its expertise across various sectors, widening the ALP International ...

1 day ago - The Guardian Nigeria

Nigerian, Ghanaian firms forge strategic alliance

ALP NG & Co Nigeria, in solidifying its partnerships across Africa, has allied with Ghana-based full-service Pan-African firm, Africa Legal Associates (ALA). ALA is renowned for its expertise across v...

2 days ago - The National Nigeria

ALTAGAS TO ISSUE FIRST QUARTER 2024 RESULTS AND HOLD ANNUAL MEETING OF SHAREHOLDERS

CALGARY, AB , April 11, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its first quarter 2024 results on Thursday, May 2, 2024 , before market open. A conference call ...

21 days ago - Benzinga

RBC Canadian Equity Income Fund's Latest Moves Highlight AltaGas Ltd's -0.73% Portfolio Impact

RBC Canadian Equity Income Fund's Latest Moves Highlight AltaGas Ltd's -0.73% Portfolio Impact

4 weeks ago - GuruFocus

Book bans in US schools and libraries surged to record highs in 2023

Though the list is broad, many of the 4,240 books were targeted because they related to issues of LGBTQ+ communities or race More books were banned in 2023 in US schools and libraries than any other y...

7 weeks ago - The Guardian

ALTAGAS CLOSES AGGREGATE $600 MILLION MEDIUM TERM NOTE OFFERINGS

CALGARY, AB , March 14, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has closed its previously announced issuance of $350 million of senior unsecured medium term notes (th...

7 weeks ago - Benzinga

TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES FOURTH QUARTER 2023 RESULTS, OPERATIONAL UPDATE AND JOINT DEVELOPMENT AGREEMENT FOR SUSTAINABLE AVIATION FUEL

(TSX: TWM) CALGARY, AB , March 14, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) has filed its consolidated financial statements and Manageme...

7 weeks ago - Benzinga

Q4 2023 AltaGas Ltd Earnings Call Transcript

Q4 2023 AltaGas Ltd Earnings Call Transcript

7 weeks ago - GuruFocus

AltaGas reports Q4 results

7 weeks ago - Seeking Alpha

ALTAGAS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

AltaGas Delivers on Full Year Guidance and Advances Key Strategic Priorities that will Drive Long-term Value Creation CALGARY, AB , March 8, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX...

7 weeks ago - Benzinga

AltaGas Ltd Investor Day Transcript

AltaGas Ltd Investor Day Transcript

2 months ago - GuruFocus

AltaGas Ltd Annual Shareholders Meeting Transcript

AltaGas Ltd Annual Shareholders Meeting Transcript

2 months ago - GuruFocus

AltaGas Ltd., Petrogas Energy Corp. - M&A Call Transcript

AltaGas Ltd., Petrogas Energy Corp. - M&A Call Transcript

2 months ago - GuruFocus

ALTAGAS CLOSES $400 MILLION MEDIUM TERM NOTE OFFERING

CALGARY, AB , Jan. 8, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has closed its previously announced issuance of $400 million of senior unsecured medium term notes (the ...

4 months ago - Benzinga

Altagas announces C$400M medium term note offering

Energy company AltaGas announces $400M senior unsecured note offering with a coupon rate of 4.672%, set to mature on January 8, 2029.

4 months ago - Seeking Alpha

ALTAGAS LTD. ANNOUNCES $400 MILLION MEDIUM TERM NOTE OFFERING

CALGARY, AB , Jan. 3, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has agreed to issue $400 million of senior unsecured medium term notes (the "Offering") with a coupon ra...

4 months ago - Benzinga

AltaGas: Not Cheap But I Like The Growth Projections

AltaGas is focusing on its utilities and midstream divisions, with the midstream division exporting almost 120,000 barrels of LPGs per day to Asia. Read more about ATGFF here.

4 months ago - Seeking Alpha

AltaGas Ltd. declares CAD 0.2975 dividend

AltaGas Ltd. (ALA:CA) declares CAD 0.2975/share quarterly dividend. Forward yield 3.22% Payable March 29; for shareholders of record March 15; ex-div March 14.

5 months ago - Seeking Alpha

Altagas reports 2024 guidance; 6% dividend increase

AltaGas reports strong year-over-year growth with a 10% increase in EPS and 11% increase in EBITDA for 2024.

5 months ago - Seeking Alpha

ALTAGAS ANNOUNCES 2024 GUIDANCE AND STRATEGIC PRIORITIES, SIX PERCENT DIVIDEND INCREASE, AND RELEASES 2023 ESG REPORT

AltaGas remains focused on executing long-term strategic plan for shareholder value creation. CALGARY, AB , Dec. 5, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its 202...

5 months ago - Benzinga