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AltaGas Ltd

Energy CA ALA

34.71CAD
0.09(0.26%)

Last update at 2024-11-20T19:40:00Z

Day Range

34.4034.84
LowHigh

52 Week Range

25.5735.77
LowHigh

Fundamentals

  • Previous Close 34.62
  • Market Cap9931.36M
  • Volume261376
  • P/E Ratio20.09
  • Dividend Yield3.55%
  • EBITDA1567.00M
  • Revenue TTM12477.00M
  • Revenue Per Share TTM42.55
  • Gross Profit TTM 2949.00M
  • Diluted EPS TTM1.66

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 716.00M 446.00M 699.00M 812.70M -716.90000M
Minority interest -50.00000M -57.00000M 620.00M 154.00M 620.60M
Net income 523.00M 283.00M 552.00M 833.50M -435.10000M
Selling general administrative 1568.00M 1476.00M 1267.00M 1298.70M 1129.00M
Selling and marketing expenses - - - - -
Gross profit 2949.00M 2865.00M 2409.00M 2267.90M 1407.40M
Reconciled depreciation 439.00M 422.00M 414.00M 438.00M 394.00M
Ebit 1033.00M 711.00M 746.00M 287.80M -716.90000M
Ebitda 1472.00M 1133.00M 1160.00M 725.80M -67.20000M
Depreciation and amortization 439.00M 422.00M 414.00M 438.00M 394.00M
Non operating income net other - - - - -
Operating income 1033.00M 711.00M 746.00M 287.80M -461.20000M
Other operating expenses 13158.00M 9676.00M 4973.00M 5384.70M 4717.90M
Interest expense 330.00M 275.00M 274.00M 345.80M 309.00M
Tax provision 143.00M 106.00M 127.00M -27.60000M -263.20000M
Interest income 290.00M 521.00M 9.00M 200.80M 264.00M
Net interest income -313.00000M -264.00000M -265.00000M -336.80000M -306.30000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 143.00M 106.00M 127.00M -27.60000M -263.20000M
Total revenue 14087.00M 10573.00M 5587.00M 5495.00M 4256.70M
Total operating expenses 2020.00M 1968.00M 1795.00M 2157.60M 1868.60M
Cost of revenue 11138.00M 7708.00M 3178.00M 3227.10M 2849.30M
Total other income expense net -317.00000M -265.00000M -47.00000M 524.90M 50.60M
Discontinued operations - - - - -
Net income from continuing ops 573.00M 340.00M 572.00M 840.30M -453.70000M
Net income applicable to common shares 399.00M 230.00M 486.00M 769.00M -501.70000M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 23471.00M 23965.00M 21593.00M 21532.00M 19794.50M
Intangible assets 148.00M 159.00M 188.00M 551.00M 585.60M
Earning assets - - - - -
Other current assets 252.00M 38.00M 48.00M 46.00M 12.80M
Total liab 15608.00M 16347.00M 13992.00M 13871.00M 12425.70M
Total stockholder equity 7713.00M 7456.00M 6949.00M 7041.00M 7214.90M
Deferred long term liab - 484.00M 455.00M 456.00M 493.00M
Other current liab 246.00M 707.00M 268.00M 262.00M 313.40M
Common stock 7120.00M 6761.00M 6735.00M 6723.00M 6719.00M
Capital stock 7511.00M 7347.00M 7811.00M 7800.00M 7996.10M
Retained earnings -817.00000M -1142.00000M -1243.00000M -1192.00000M -1402.80000M
Other liab - 3487.00M 3398.00M 3334.00M 3220.00M
Good will 5270.00M 5250.00M 5153.00M 5039.00M 3942.10M
Other assets - 1150.00M 1371.00M 1298.00M 1298.00M
Cash 98.00M 53.00M 63.00M 32.00M 57.10M
Cash and equivalents - 53.00M 63.00M 32.00M 57.10M
Total current liabilities 3413.00M 3407.00M 2657.00M 2607.00M 3125.10M
Current deferred revenue 92.00M 79.00M 74.00M 73.00M 76.60M
Net debt 9781.00M 10119.00M 8645.00M 8609.00M 7434.30M
Short term debt 1231.00M 719.00M 771.00M 711.00M 1410.20M
Short long term debt 1128.00M 627.00M 680.00M 612.00M 1382.90M
Short long term debt total 9879.00M 10172.00M 8708.00M 8641.00M 7491.40M
Other stockholder equity 624.00M 625.00M 388.00M 766.00M 753.40M
Property plant equipment - 11967.00M 11634.00M 11260.00M 10295.00M
Total current assets 3045.00M 4638.00M 2624.00M 2497.00M 2196.20M
Long term investments 686.00M 654.00M 623.00M 887.00M 1465.90M
Net tangible assets - 1461.00M 532.00M 374.00M 1398.00M
Short term investments - - - - -
Net receivables 1848.00M 2091.00M 1427.00M 1444.00M 1222.40M
Long term debt 8270.00M 9213.00M 7667.00M 7618.00M 5927.80M
Inventory 847.00M 1146.00M 782.00M 636.00M 505.60M
Accounts payable 1844.00M 1902.00M 1544.00M 1561.00M 1324.90M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 395.00M 626.00M -7.00000M 50.00M 244.90M
Additional paid in capital - - - - -
Common stock total equity - - - 6723.00M 6719.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1186.00M 1297.00M 1371.00M 1298.00M 1309.40M
Deferred long term asset charges - - - - -
Non current assets total 20426.00M 19327.00M 18969.00M 19035.00M 17598.30M
Capital lease obligations 481.00M 307.00M 344.00M 411.00M 180.70M
Long term debt total - 9238.00M 7684.00M 7626.00M 5927.80M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -997.00000M -8.00000M -1211.00000M 2183.70M -5834.40000M
Change to liabilities 377.00M 92.00M -41.00000M -280.00000M 237.90M
Total cashflows from investing activities -997.00000M -483.00000M -1211.00000M 2184.00M -6693.30000M
Net borrowings 1349.00M 128.00M 940.00M -2606.00000M 2917.00M
Total cash from financing activities 435.00M -245.00000M 392.00M -2873.70000M 5987.00M
Change to operating activities -12.00000M -64.00000M -215.00000M -118.00000M -96.70000M
Net income 573.00M 340.00M 572.00M 840.30M -435.10000M
Change in cash -20.00000M 10.00M -48.00000M -78.70000M 157.40M
Begin period cash flow 84.00M 74.00M 122.00M 201.10M 43.70M
End period cash flow 64.00M 84.00M 74.00M 122.40M 201.10M
Total cash from operating activities 539.00M 738.00M 773.00M 615.50M -78.60000M
Issuance of capital stock - 0.00000M 6.00M 67.80M 2633.70M
Depreciation 439.00M 422.00M 414.00M 438.00M 394.00M
Other cashflows from investing activities -39.00000M -7.00000M -75.00000M -75.00000M 30.00M
Dividends paid 338.00M 356.00M 334.00M 334.20M 539.50M
Change to inventory -324.00000M -232.00000M 32.00M -2.10000M -100.80000M
Change to account receivables -691.00000M -206.00000M 21.00M 168.40M -526.90000M
Sale purchase of stock -574.00000M 14.00M -200.00000M -37.60000M 2634.90M
Other cashflows from financing activities 1860.00M 429.00M 2133.00M 223.30M 5068.70M
Change to netincome 201.00M 419.00M -7.00000M -444.00000M 407.00M
Capital expenditures 958.00M 814.00M 843.00M 1334.50M 1028.50M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -650.00000M -410.00000M -203.00000M -231.50000M -486.50000M
Stock based compensation 3.00M 7.00M 6.00M 3.50M 0.80M
Other non cash items 54.00M 332.00M -142.00000M -343.90000M 735.80M
Free cash flow -419.00000M -76.00000M -70.00000M -719.00000M -1107.10000M

Peer Comparison

Sector: Energy Industry: Oil & Gas Midstream

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ALA
AltaGas Ltd
0.09 0.26% 34.71 20.09 14.95 0.80 1.31 1.64 13.05
ENB
Enbridge Inc
-0.33 0.55% 59.62 20.25 19.57 2.67 2.18 4.71 12.64
TRP
TC Energy Corp
-1.6 2.30% 68.00 13.81 17.48 4.23 2.52 8.50 11.50
PPL
Pembina Pipeline Corp
-0.18 0.30% 59.08 17.54 17.48 3.39 2.23 4.92 15.40
KEY
Keyera Corp.
1.05 2.33% 46.18 29.49 19.61 1.44 3.62 2.00 13.77

Reports Covered

Stock Research & News

Profile

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, processing, and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatt of power in California. It serves residential, commercial, and industrial customers. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

AltaGas Ltd

355 - 4th Avenue SW, Calgary, AB, Canada, T2P 0J1

Key Executives

Name Title Year Born
Mr. Randall L. Crawford Pres, CEO & Non-Independent Director 1963
Mr. D. James Harbilas B.Com., C.A., CPA, CA Exec. VP & CFO 1970
Ms. Corine Renne Knight Bushfield Exec. VP & Chief Admin. Officer 1975
Mr. Randy W. Toone B.Sc., P.Eng Exec. VP & Pres of Midstream NA
Mr. Donald M. Jenkins B.Sc., M.B.A. Exec. VP and Pres of Utilities & Washington Gas Light Company 1973
Mr. Jon Morrison Sr. VP of Investor Relations & Corp. Devel. NA
Mr. Bradley B. Grant Esq., B.Comm, LLB, MBA Exec. VP & Chief Legal Officer NA
Mr. Kent E. Stout Sr. VP of Organizational Devel. NA
Mr. Joy Sumanan Thakur Sr. VP of Commercial & Bus. Operations NA
Mr. James Shelford Sr. VP of Commercial 1984

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