Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesAltaGas Ltd

AltaGas Ltd

Energy Oil & Gas Midstream
PortfolioPortfolio WatchlistWatchlist
Company price
54.64 CAD -0.81 ( 1.46%)
Last update at 2026-11-04T18:46:00Z
VOLUME
262186
Market Cap
15197.21M
P/E
19.85

Momentum Score

…

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, Maryland, Delaware, Pennsylvania, Ohio, New Jersey, and the District of Columbia. The Midstream segment is involved in the operation of two liquified petroleum gas export terminals; natural gas gathering, processing, and extraction; and fractionation and liquids handling; and natural gas and natural gas liquids marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatts of power in California. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
54.38
Low
55.46
High
52 Week Price Range
35.98
Low
50.27
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

AltaGas Ltd is a Canadian energy infrastructure company operating regulated utilities, midstream natural gas and liquids processing and power-generation assets across North America. Major long-term growth drivers include regulated rate-base expansion, contracted midstream capacity and structural demand for natural gas and liquids, which may support stable cash flows. Diversification across regulated and contracted businesses appears positioned to reduce earnings volatility compared with commodity-only producers.

Key investment risks include exposure to commodity-price and volumetric fluctuations, regulatory and permitting outcomes, and leverage or execution risk on capital projects, which investors should monitor.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
55.45
Dividend Yield
2.56%
Revenue TTM
12705.00M
Revenue Per Share
42.24
Gross Profit TTM
3687.00M
Debt / Equity
1.18
ROE
8.38%
Net Debt
10443.00M
ROCE
5.04%
Diluted EPS TTM
2.46

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1029.00M 746.00M 912.00M 716.00M 446.00M
Minority interest -11.00M -12.00M -16.00M -50.00M -57.00M
Net income 768.00M 596.00M 673.00M 523.00M 283.00M
Selling general administrative 146.00M 1726.00M 57.00M 1568.00M 1476.00M
Selling and marketing expenses - - 1557.00M - -
Gross profit 3020.00M 2762.00M 2263.00M 2949.00M 2865.00M
Reconciled depreciation 517.00M 475.00M 441.00M 439.00M 422.00M
Ebit 1169.00M 1141.00M 1251.00M 1033.00M 711.00M
Ebitda 1691.00M 1621.00M 1703.00M 1472.00M 1133.00M
Depreciation and amortization 522.00M 480.00M 452.00M 439.00M 422.00M
Operating income 1169.00M 1027.00M 742.00M 1033.00M 711.00M
Other operating expenses 11380.00M 11421.00M 12153.00M 13158.00M 9676.00M
Interest expense 465.00M 455.00M 394.00M 330.00M 275.00M
Tax provision 250.00M 138.00M 223.00M 143.00M 106.00M
Interest income 9.00M 369.00M 13.00M 290.00M 521.00M
Net interest income -456.00M -442.00M -381.00M -313.00M -264.00M
Income tax expense 250.00M 138.00M 223.00M 143.00M 106.00M
Total revenue 12549.00M 12448.00M 12895.00M 14087.00M 10573.00M
Total operating expenses 1851.00M 1735.00M 1521.00M 2020.00M 1968.00M
Cost of revenue 9529.00M 9686.00M 10632.00M 11138.00M 7708.00M
Total other income expense net -140.00M -281.00M 170.00M -317.00M -265.00M
Net income from continuing ops 779.00M 608.00M 689.00M 573.00M 340.00M
Net income applicable to common shares - 578.00M 641.00M 399.00M 230.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 26770.00M 26092.00M 23471.00M 23965.00M 21593.00M
Intangible assets 110.00M 138.00M 148.00M 159.00M 188.00M
Other current assets 311.00M 267.00M 252.00M 38.00M 48.00M
Total liab 17222.00M 17046.00M 15608.00M 16347.00M 13992.00M
Total stockholder equity 8915.00M 8752.00M 7713.00M 7456.00M 6949.00M
Deferred long term liab - - - 484.00M 455.00M
Other current liab 438.00M 298.00M 246.00M 707.00M 268.00M
Common stock 7661.00M - 7120.00M 6761.00M 6735.00M
Capital stock 7856.00M 7571.00M 7511.00M 7347.00M 7811.00M
Retained earnings -226.00M -592.00M -817.00M -1142.00M -1243.00M
Other liab - - - 3487.00M 3398.00M
Good will 5448.00M 5691.00M 5270.00M 5250.00M 5153.00M
Other assets - - - 1150.00M 1371.00M
Cash 99.00M 85.00M 98.00M 53.00M 63.00M
Cash and equivalents - - - 53.00M 63.00M
Total current liabilities 3559.00M 3500.00M 3413.00M 3407.00M 2657.00M
Current deferred revenue - - 92.00M 79.00M 74.00M
Net debt 10443.00M 9797.00M 9781.00M 10119.00M 8645.00M
Short term debt 850.00M - 1231.00M 719.00M 771.00M
Short long term debt 700.00M 868.00M 1128.00M 627.00M 680.00M
Short long term debt total 10542.00M - 9879.00M 10172.00M 8708.00M
Other stockholder equity 613.00M - 624.00M 625.00M 388.00M
Property plant equipment - - - 11967.00M 11634.00M
Total current assets 2907.00M 2819.00M 3045.00M 4638.00M 2624.00M
Long term investments 738.00M 769.00M 686.00M 654.00M 623.00M
Net tangible assets - - - 1461.00M 532.00M
Net receivables 1864.00M 1639.00M 1848.00M 2091.00M 1427.00M
Long term debt 9169.00M 9014.00M 8270.00M 9213.00M 7667.00M
Inventory 633.00M 676.00M 847.00M 1146.00M 782.00M
Accounts payable 2271.00M - 1844.00M 1902.00M 1544.00M
Accumulated other comprehensive income 672.00M - 395.00M 626.00M -7.00M
Non currrent assets other 1465.00M 500.00M 1186.00M 1297.00M 1371.00M
Non current assets total 23863.00M 23273.00M 20426.00M 19327.00M 18969.00M
Capital lease obligations 673.00M 685.00M 481.00M 307.00M 344.00M
Long term debt total - - - 9238.00M 7684.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1375.00M -199.00M -997.00M -8.00M
Change to liabilities - - - 377.00M 92.00M
Total cashflows from investing activities -1279.00M -1375.00M -199.00M -997.00M -483.00M
Net borrowings 197.00M 46.00M -145.00M 1349.00M 128.00M
Total cash from financing activities 54.00M -175.00M -882.00M 435.00M -245.00M
Change to operating activities - - - -12.00M -64.00M
Net income 768.00M 608.00M 673.00M 573.00M 340.00M
Change in cash 12.00M -12.00M 40.00M -20.00M 10.00M
Begin period cash flow 87.00M 104.00M 64.00M 84.00M 74.00M
End period cash flow 99.00M 92.00M 104.00M 64.00M 84.00M
Total cash from operating activities 1235.00M 1538.00M 1121.00M 539.00M 738.00M
Issuance of capital stock 441.00M - - - 0.00M
Depreciation 522.00M 475.00M 441.00M 439.00M 422.00M
Other cashflows from investing activities -15.00M 12.00M -4.00M -39.00M -7.00M
Dividends paid 398.00M -371.00M -343.00M 338.00M 356.00M
Change to inventory 24.00M 165.00M 242.00M -324.00M -232.00M
Change to account receivables -191.00M 201.00M 271.00M -691.00M -206.00M
Sale purchase of stock -200.00M 54.00M -200.00M -574.00M 14.00M
Other cashflows from financing activities -17.00M 96.00M -394.00M 1860.00M 429.00M
Change to netincome - - - 201.00M 419.00M
Capital expenditures 1579.00M 1389.00M 943.00M 958.00M 814.00M
Change in working capital -29.00M 430.00M 100.00M -650.00M -410.00M
Stock based compensation - 0.00M 1.00M 3.00M 7.00M
Other non cash items -218.00M -72.00M -274.00M 54.00M 332.00M
Free cash flow -344.00M 149.00M 178.00M -419.00M -76.00M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Midstream

Stock Name
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		 -0.81
1.46%		 54.64 19.85 21.14 1.20 1.76 2.04 12.91
ENB
Enbridge Inc		 -0.51
0.74%		 68.08 22.18 23.15 2.38 2.80 4.09 13.04
ENB-PJ
Enbridge Inc Pref 7		 -0.07
0.28%		 24.50 6.36 - 2.38 - - -
ENB-PP
Enbridge Srs P Cum Red Prf		 0.07
0.29%		 24.37 6.30 - 2.38 - - -
ENB-PY
Enbridge Inc Pref 3		 0.10
0.44%		 22.98 5.61 - 2.36 - - -

Profile*

AltaGas Ltd

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, Maryland, Delaware, Pennsylvania, Ohio, New Jersey, and the District of Columbia. The Midstream segment is involved in the operation of two liquified petroleum gas export terminals; natural gas gathering, processing, and extraction; and fractionation and liquids handling; and natural gas and natural gas liquids marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatts of power in California. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

707 5th Street SW, Calgary, AB, Canada, T2P 1V8

403 691 7575

https://www.altagas.ca

2853

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.34
+14.45%
OMG
CAD 1.70
+13.76%
ARTG
CAD 39.54
+12.59%
DSV
CAD 10.83
+12.58%
TLRY
CAD 4.17
+12.10%
DRUG
CAD 25.95
-30.02%
HUT
CAD 69.16
-22.20%
UCU
CAD 2.04
-16.39%
PHX
CAD 10.70
-15.62%
VET
CAD 15.04
-13.31%

Equity Sectors*

  • Basic Materials

    +4.80%

  • Communication Services

    +2.78%

  • Consumer Cyclical

    +2.82%

  • Consumer Defensive

    +0.74%

  • Energy

    -4.92%

  • Financial Services

    +2.47%

  • Healthcare

    -0.30%

  • Industrials

    -0.38%

  • Real Estate

    +1.75%

  • Technology

    +0.82%

  • Utilities

    +1.29%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…