AltaGas Ltd. (TSX:ALA)
| Market Cap | 16.53B +33.8% |
| Revenue (ttm) | 13.66B +6.5% |
| Net Income | 615.00M -20.9% |
| EPS | 2.00 -23.1% |
| Shares Out | 312.01M |
| PE Ratio | 26.46 |
| Forward PE | 21.15 |
| Dividend | 1.34 (2.52%) |
| Ex-Dividend Date | Sep 16, 2026 |
| Volume | 698,470 |
| Open | 53.60 |
| Previous Close | 52.97 |
| Day's Range | 53.15 - 53.89 |
| 52-Week Range | 39.45 - 57.52 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 60.18 (+11.69%) |
| Earnings Date | Jul 30, 2026 |
About AltaGas
AltaGas Ltd. operates as an energy infrastructure company in North America. It operates through the Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, and rate-regulated natural gas distribution and storage utilities for residential and commercial customers. This segment also offers storage facilities and contracts for interstate natural gas transportation and storage services, as well as natural gas and electricity directly to residential, commercial, and industrial customers in Virginia, Mar... [Read more]
Financial Performance
In 2025, AltaGas's revenue was 12.71 billion, an increase of 2.06% compared to the previous year's 12.45 billion. Earnings were 747.00 million, an increase of 29.24%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for ALA stock is "Buy." The 12-month stock price target is $60.18, which is an increase of 11.69% from the latest price.
News
AltaGas Q2 Earnings Call Highlights
AltaGas TSE: ALA reported record second-quarter results, supported by stronger performance in its Midstream and Utilities businesses, and raised its full-year 2026 financial guidance.
AltaGas price target raised to C$59 from C$55 at RBC Capital
RBC Capital analyst Robert Kwan raised the firm’s price target on AltaGas (ATGFF) to C$59 from C$55 and keeps an Outperform rating on the shares.
AltaGas price target raised to C$60 from C$59 at CIBC
CIBC analyst Robert Catellier raised the firm’s price target on AltaGas (ATGFF) to C$60 from C$59 and keeps an Outperformer rating on the shares.
AltaGas price target raised to C$59 from C$54 at BMO Capital
BMO Capital raised the firm’s price target on AltaGas (ATGFF) to C$59 from C$54 and keeps an Outperform rating on the shares.
AltaGas price target raised to C$60 from C$55 at TD Securities
TD Securities analyst John Mould raised the firm’s price target on AltaGas (ATGFF) to C$60 from C$55 and keeps a Buy rating on the shares.
AltaGas price target raised to C$59 from C$58 at JPMorgan
JPMorgan raised the firm’s price target on AltaGas (ATGFF) to C$59 from C$58 and keeps a Neutral rating on the shares.
AltaGas Earnings Call Transcript: Q2 2026
Record Q2 results with 14% YoY EBITDA growth and raised 2026 guidance reflect strong Midstream and Utilities performance. Major projects like REEF and Dimsdale are advancing, with robust LPG export demand and a solid balance sheet supporting long-term growth.
AltaGas Earnings release: Q2 2026
AltaGas released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
AltaGas Registration statement: Q2 2026
AltaGas filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
AltaGas Registration statement: Q2 2026
AltaGas filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
AltaGas Slides: Q2 2026
AltaGas has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
AltaGas Quarterly report: Q2 2026
AltaGas has published its Q2 2026 quarterly earnings report on July 30, 2026.
AltaGas Q2 Net Income Rises From Higher Revenue, Lifts FY26 Outlook
(RTTNews) - On Thursday, AltaGas Ltd. (ALA.TO), a Canadian oil-based company reported higher net income in the second quarter on improved revenue, compared to the prior year. Furthermore, the company ...
AltaGas price target raised to C$62 from C$57 at Scotiabank
Scotiabank analyst Robert Hope raised the firm’s price target on AltaGas (ATGFF) to C$62 from C$57 and keeps an Outperform rating on the shares.
AltaGas price target raised to C$59 from C$55 at CIBC
CIBC raised the firm’s price target on AltaGas (ATGFF) to C$59 from C$55 and keeps an Outperformer rating on the shares. The firm updated models in the energy infrastructure space…
AltaGas price target raised to C$55 from C$50 at RBC Capital
RBC Capital analyst Robert Kwan raised the firm’s price target on AltaGas (ATGFF) to C$55 from C$50 and keeps an Outperform rating on the shares.
AltaGas price target raised to C$55 from C$51 at CIBC
CIBC raised the firm’s price target on AltaGas (ATGFF) to C$55 from C$51 and keeps an Outperformer rating on the shares.
AltaGas price target raised to C$57 from C$54 at Scotiabank
Scotiabank raised the firm’s price target on AltaGas (ATGFF) to C$57 from C$54 and keeps an Outperform rating on the shares.
AltaGas price target raised to C$54 from C$49 at BMO Capital
BMO Capital analyst Ben Pham raised the firm’s price target on AltaGas (ATGFF) to C$54 from C$49 and keeps an Outperform rating on the shares.
AltaGas upgraded to Buy from Reduce at Veritas
Veritas upgraded AltaGas (ATGFF) to Buy from Reduce with a C$55 price target
AltaGas price target raised to C$55 from C$51 at TD Securities
TD Securities raised the firm’s price target on AltaGas (ATGFF) to C$55 from C$51 and keeps a Buy rating on the shares.
AltaGas Earnings Call Transcript: Q1 2026
Record Q1 results with 19% EBITDA growth and strong performance in both utilities and midstream segments. Capital budget increased to CAD 1.7 billion, with robust organic growth and export demand, especially in Asia, positioning for top-end 2026 guidance.
AltaGas Quarterly report: Q1 2026
AltaGas has published its Q1 2026 quarterly earnings report on April 30, 2026.
AltaGas Slides: Q1 2026
AltaGas has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
AltaGas Earnings release: Q1 2026
AltaGas released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.