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AltaGas Ltd. (ALA.TO)

CAD54.28 -0.18 (-0.33%)
CA TSX Utilities Regulated Gas
Address 355 - 4th Avenue SW T2P 0J1
Calgary, AB, CA
CEO Vernon D. Yu
Website altagas.ca
IPO 2004-05-17
ISIN CA0213611001

Explore sections of this company profile

Also trades on Other OTC · AGEEF (USD) Other OTC · ALTGF (USD) Other OTC · ATGFF (USD) Toronto Stock Exchange · ALA-PK.TO (CAD) Toronto Stock Exchange · ALA.TO (CAD)
Description

AltaGas Ltd., founded in Calgary, Canada, in 1994, operates as a prominent energy infrastructure enterprise across North America. The company's business is structured into two main divisions: Utilities and Midstream. Its Utilities segment oversees and manages regulated natural gas distribution and storage networks throughout Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia, providing service to approximately 1.7 million customers. This division also facilitates interstate natural gas transportation and storage. The Midstream segment focuses on natural gas gathering and extraction, featuring an extraction processing capability of 1.2 billion cubic feet per day (Bcf/d) and a raw field gas processing capacity of approximately 1.2 Bcf/d. Furthermore, it engages in fractionation, liquid handling, and the marketing of natural gas and natural gas liquids. This segment's operations also extend to LPG exports and distribution, logistics, trucking and rail terminal management, and liquid storage. Additionally, AltaGas controls gas-fired power generation and distribution facilities in California and Colorado, boasting a combined generating capacity of 578 MW. The company caters to residential, commercial, and industrial clients, primarily concentrated in the Western Canada Sedimentary Basin.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD54.28 -0.18 (-0.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.49
Float Shares
309.18M
Free Float %
99.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.46% +1.56% +5.47% +16.07% +20.27% +23.08% +37.51% +117.07% +118.08% +73.96% +724.16%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
54.28
DCF (Unlevered) 12.71 -76.6%
DCF (Levered) 54.79 +0.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 73% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 4 0
Hold 2 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.15
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +0.8% Q1'26: +11.2% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +27.8% Q1'26: -64.1% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +3.4% Q1'26: +3.3% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +9.3% Q1'26: +14.2% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +4.4% Q1'26: +8.9% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    +1.1% Q1'26: +4.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    6.23× Q1'26: 3.54× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.49) × ERP
WACC = 60% × Ke + 40% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 12.71 Current price: 54.28
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
5 EPS Ana.
Dec 2027
3 Rev. Ana.
7 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
1.28B
est: 1.50B (-14.5%)
1.43B
est: 704.20M (+102.8%)
2.05B
est: 2.60B (-21.1%)
2.40B
est: 2.66B (-9.8%)
2.18B
est: 2.37B (-8.1%)
2.20B
est: 2.22B (-0.6%)
2.62B
est: 2.55B (+2.6%)
4.19B
est: 4.00B (+4.6%)
5.51B
est: 5.75B (-4.3%)
5.65B
est: 5.15B (+9.6%)
10.63B
est: 9.01B (+18.0%)
14.39B
est: 12.79B (+12.5%)
12.90B
est: 12.75B (+1.2%)
12.45B
est: 12.77B (-2.5%)
12.55B
est: 12.98B (-3.3%)
13.19B
12.63B – 13.75B
+1.6% YoY
14.59B
12.69B – 17.30B
+10.6% YoY
15.10B
15.07B – 15.13B
+3.5% YoY
12.55B
11.45B – 14.01B
-16.9% YoY
12.55B
11.45B – 14.01B
+0.0% YoY
EBITDA
247.23M
est: 150.00M (+64.8%)
329.89M
est: 70.77M (+366.1%)
507.54M
est: 966.75M (-47.5%)
449.00M
est: 431.93M (+4.0%)
449.50M
est: 214.18M (+109.9%)
672.70M
est: 125.27M (+437.0%)
523.50M
est: 422.85M (+23.8%)
-3.00M
est: 393.57M (-100.8%)
1.46B
est: -814.87M (+279.6%)
1.34B
est: 932.42M (+44.0%)
1.41B
est: 983.76M (+43.3%)
1.48B
est: 1.05B (+41.1%)
1.70B
est: 1.92B (-11.1%)
1.62B
est: 1.92B (-15.5%)
1.69B
est: 1.95B (-13.3%)
1.98B
1.90B – 2.06B
+1.6% YoY
2.19B
1.91B – 2.60B
+10.6% YoY
2.27B
2.26B – 2.27B
+3.5% YoY
1.89B
1.72B – 2.11B
-16.9% YoY
1.89B
1.72B – 2.11B
+0.0% YoY
EBIT
165.70M
est: 159.00M (+4.2%)
227.55M
est: 78.35M (+190.4%)
351.32M
est: 625.92M (-43.9%)
268.70M
est: 211.42M (+27.1%)
233.50M
est: 176.12M (+32.6%)
397.00M
est: 311.80M (+27.3%)
236.70M
est: 442.12M (-46.5%)
-407.90M
est: 301.32M (-235.4%)
1.02B
est: -661.30M (+253.8%)
924.00M
est: 98.60M (+837.2%)
982.00M
est: 104.02M (+844.0%)
1.03B
est: 110.88M (+831.7%)
1.25B
est: 1.32B (-5.4%)
1.14B
est: 1.32B (-13.8%)
1.17B
est: 1.35B (-13.2%)
1.37B
1.31B – 1.43B
+1.6% YoY
1.51B
1.32B – 1.79B
+10.6% YoY
1.57B
1.56B – 1.57B
+3.5% YoY
1.30B
1.19B – 1.45B
-16.9% YoY
1.30B
1.19B – 1.45B
+0.0% YoY
Net Income
92.73M
est: 106.03M (-12.5%)
116.77M
est: 44.52M (+162.3%)
201.10M
est: 431.31M (-53.4%)
130.10M
est: 215.27M (-39.6%)
51.10M
est: 111.77M (-54.3%)
203.50M
est: 49.85M (+308.2%)
91.60M
est: 236.14M (-61.2%)
-435.10M
est: 143.46M (-403.3%)
833.50M
est: -623.88M (+233.6%)
552.00M
est: 745.06M (-25.9%)
283.00M
est: 786.08M (-64.0%)
523.00M
est: 837.87M (-37.6%)
673.00M
est: 429.00M (+56.9%)
596.00M
est: 651.78M (-8.6%)
768.00M
est: 679.23M (+13.1%)
726.66M
684.31M – 769.01M
+7.0% YoY
861.00M
784.01M – 937.79M
+18.5% YoY
899.21M
862.78M – 935.65M
+4.4% YoY
859.28M
761.15M – 989.55M
-4.4% YoY
895.46M
793.20M – 1.03B
+4.2% YoY
SGA
264.89M
est: 252.78M (+4.8%)
314.74M
est: 125.97M (+149.9%)
428.38M
est: 1.19B (-64.1%)
450.60M
est: 460.84M (-2.2%)
490.10M
est: 387.12M (+26.6%)
507.60M
est: 479.90M (+5.8%)
573.80M
est: 591.00M (-2.9%)
-18.90M
est: 898.64M (-102.1%)
-27.00M
est: 1.62B (-101.7%)
-52.00M
est: 1.16B (-104.5%)
-64.00M
est: 1.22B (-105.2%)
-74.00M
est: 1.31B (-105.7%)
1.52B
est: 618.66M (+145.9%)
-141.00M
est: 619.51M (-122.8%)
1.85B
est: 629.78M (+193.3%)
640.13M
613.17M – 667.10M
+1.6% YoY
708.17M
615.95M – 839.67M
+10.6% YoY
732.80M
731.33M – 734.27M
+3.5% YoY
609.04M
555.54M – 680.07M
-16.9% YoY
609.05M
555.55M – 680.08M
+0.0% YoY
EPS
0.98
est: 1.04 (-5.6%)
1.07
est: 1.12 (-4.6%)
1.56
est: 1.49 (+4.9%)
0.75
est: 1.33 (-43.7%)
0.07
est: 1.06 (-93.4%)
0.99
est: 1.04 (-5.0%)
0.18
est: 0.96 (-81.3%)
-1.95
est: 0.89 (-319.8%)
2.78
est: 1.10 (+153.7%)
1.74
est: 1.33 (+30.5%)
0.82
est: 1.77 (-53.8%)
1.42
est: 1.87 (-24.1%)
2.27
est: 1.48 (+53.1%)
1.95
est: 2.12 (-8.1%)
2.48
est: 2.21 (+12.1%)
2.44
2.27 – 2.55
+10.4% YoY
2.76
2.60 – 3.11
+13.1% YoY
2.99
2.86 – 3.10
+8.1% YoY
2.85
2.52 – 3.28
-4.6% YoY
2.97
2.63 – 3.42
+4.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 4/5 2/5 3/5 3/5 2/5 3/5
2026-05-08 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-05-07 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-05-06 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-05-05 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-05-04 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-05-01 B 3/5 4/5 2/5 3/5 2/5 2/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-29 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-28 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-27 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-24 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-23 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-22 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5
2026-04-15 B+ 3/5 4/5 3/5 4/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-314.18M
OE per share TTM
-1.11
Owner's Yield
-1.96%
Maintenance CapEx ratio
62.23%
Maint CapEx / Avg PPE
121.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
383.9K
Shares Outstanding
311.29M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vern D. Yu President, Chief Executive Officer & Non-Independent Director 4M male
Donald Jenkins Executive Vice President, President of Utilities & President of Washington Gas 2M male
D. James Harbilas Strategic Advisor 1M male
Sean Brown Executive Vice President & Chief Financial Officer 1M male
Randy W. Toone Executive Vice President & President of Midstream 1M male
Corine Renne Knight Bushfield Executive Vice President & Chief Administrative Officer 1M female
Kent E. Stout Senior Vice President of Organizational Development 991.4K male
Jon Morrison Senior Vice President of Investor Relations & Corporate Development male
Karen Uehara Executive Vice President & Chief Legal Officer female
Jimmi Duce Corporate Secretary female
Hejdi Carlsen Senior VP and Chief Safety, Sustainability & Communications Officer female
David Anderson Senior Vice President of Corporate Environmental Health & Safety
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits