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Last update at 2024-11-20T19:40:00Z
Investing in AltaGas (TSE:ALA) five years ago would have delivered you a 120% gain
Thu 10 Oct 24, 10:40 AMALTAGAS TO ISSUE THIRD QUARTER 2024 RESULTS
Fri 04 Oct 24, 08:30 PMALTAGAS ANNOUNCES CONVERSION OF SERIES H SHARES
Mon 30 Sep 24, 08:30 PMALTAGAS ANNOUNCES CLOSING OF US$900 MILLION HYBRID NOTE OFFERING
Mon 23 Sep 24, 11:45 PMAltaGas (TSE:ALA) Has Some Way To Go To Become A Multi-Bagger
Thu 19 Sep 24, 01:42 PMCan AltaGas Ltd. (TSE:ALA) Improve Its Returns?
Thu 29 Aug 24, 10:38 AMAltaGas' (TSE:ALA) Weak Earnings May Only Reveal A Part Of The Whole Picture
Thu 08 Aug 24, 11:42 AMBreakdown | 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 |
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 |
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.
355 - 4th Avenue SW, Calgary, AB, Canada, T2P 0J1
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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