AltaGas (ALA.TO) Stock Price

AltaGas Price

TSX·CLOSED
53.83CAD-1.12 (-2.06 %)
Market closed

Over the last 19 years AltaGas grew revenue by 12.4% annually, reaching 12.55 B CAD. Earnings per share have grown at 1.1% per year over the last 19 years. For AltaGas, the net margin of 6.1% is up versus 2.7% a few years ago. At today's price the dividend yield works out to roughly 2.34%. The payout ratio is around 51% of earnings. The consensus 12-month price target for AltaGas is 48.96 CAD, about 9.0% below where the stock trades today. Of 14 analysts, 11 rate the stock a buy — an overall Buy consensus. AltaGas's share price has gained 30.8% over the last twelve months. The stock trades about 34% above its 52-week low.

AltaGas stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of AltaGas over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how AltaGas stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing AltaGas's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

AltaGas Stock Price History
DateAltaGas Price
8/5/202653.83 CAD
8/4/202654.95 CAD
7/31/202655.78 CAD
7/30/202655.83 CAD
7/29/202655.63 CAD
7/27/202656.46 CAD
7/23/202656.98 CAD
7/22/202656.22 CAD
7/21/202654.96 CAD
7/20/202655.04 CAD
7/17/202655.26 CAD
7/16/202655.46 CAD
7/15/202654.86 CAD
7/14/202654.57 CAD
7/13/202654.36 CAD
7/10/202653.66 CAD
7/9/202653.97 CAD
7/8/202653.80 CAD
7/7/202653.69 CAD
7/6/202652.20 CAD
7/3/202652.30 CAD
7/2/202652.06 CAD
6/30/202652.39 CAD
6/29/202653.65 CAD
6/26/202654.31 CAD
6/25/202654.34 CAD
6/24/202654.40 CAD
6/23/202653.85 CAD
6/22/202653.65 CAD
6/19/202654.06 CAD
6/18/202653.66 CAD
6/17/202654.21 CAD
6/16/202653.93 CAD
6/15/202655.00 CAD
6/12/202655.52 CAD
6/11/202656.15 CAD
6/10/202656.23 CAD
6/9/202654.89 CAD
6/8/202654.69 CAD
6/5/202655.87 CAD
6/4/202655.10 CAD
6/3/202654.82 CAD
6/2/202654.32 CAD
6/1/202654.26 CAD
5/29/202653.52 CAD
5/28/202653.91 CAD
5/27/202654.04 CAD
5/26/202653.78 CAD
5/25/202653.81 CAD
5/22/202654.05 CAD
5/21/202654.00 CAD
5/20/202653.66 CAD
5/19/202653.87 CAD
5/15/202653.17 CAD
5/14/202652.82 CAD
5/13/202652.25 CAD
5/12/202652.03 CAD
5/11/202651.51 CAD
5/8/202650.77 CAD
5/7/202650.82 CAD
5/6/202650.79 CAD
5/5/202652.03 CAD
5/4/202652.44 CAD
5/1/202652.20 CAD
4/30/202650.91 CAD
4/29/202650.64 CAD
4/28/202650.31 CAD
4/27/202650.27 CAD
4/24/202649.82 CAD
4/23/202649.73 CAD
4/22/202648.21 CAD
4/21/202648.82 CAD
4/20/202649.24 CAD
4/17/202648.89 CAD
4/16/202649.52 CAD
4/15/202648.67 CAD
4/14/202647.86 CAD
4/13/202648.54 CAD
4/10/202648.84 CAD
4/9/202648.68 CAD
4/8/202648.92 CAD
4/7/202649.29 CAD
4/6/202649.19 CAD
4/2/202648.69 CAD
3/27/202648.55 CAD
3/26/202648.08 CAD
3/25/202647.97 CAD
3/24/202647.84 CAD
3/23/202647.58 CAD
3/20/202647.91 CAD
3/19/202648.18 CAD
3/18/202648.12 CAD
3/17/202648.05 CAD
3/16/202648.19 CAD
3/13/202648.58 CAD
3/12/202647.71 CAD
3/11/202647.32 CAD
3/10/202647.24 CAD
3/9/202647.80 CAD
3/6/202646.49 CAD
3/5/202647.66 CAD
2/26/202645.79 CAD
2/25/202645.73 CAD
2/24/202645.66 CAD
2/23/202645.40 CAD
2/20/202645.21 CAD
2/19/202645.10 CAD
2/18/202644.86 CAD
2/17/202644.87 CAD
2/13/202644.95 CAD
2/12/202644.19 CAD
2/11/202642.77 CAD
2/10/202642.26 CAD
2/9/202642.20 CAD
2/6/202642.29 CAD
2/5/202643.14 CAD
2/4/202642.72 CAD
2/3/202642.08 CAD
2/2/202641.63 CAD
1/30/202640.97 CAD
1/29/202641.28 CAD
1/28/202641.99 CAD
1/27/202641.85 CAD
1/26/202641.63 CAD
1/23/202640.73 CAD
1/22/202640.75 CAD
1/21/202641.00 CAD
1/20/202641.58 CAD
1/19/202640.86 CAD
1/16/202641.05 CAD
1/15/202641.17 CAD
1/14/202640.87 CAD
1/13/202640.63 CAD
1/12/202640.31 CAD
1/9/202640.49 CAD
1/8/202640.99 CAD
1/7/202640.51 CAD
1/6/202640.82 CAD
1/5/202641.54 CAD
1/2/202642.08 CAD
12/31/202541.83 CAD
12/30/202541.94 CAD
12/29/202542.06 CAD
12/24/202542.17 CAD
12/23/202542.03 CAD
12/22/202541.26 CAD
12/19/202541.08 CAD
12/18/202541.47 CAD
12/17/202541.21 CAD
12/16/202540.71 CAD
12/15/202541.88 CAD
12/12/202541.74 CAD
12/11/202541.67 CAD
12/10/202541.41 CAD
12/9/202541.34 CAD
12/8/202541.94 CAD
12/5/202542.31 CAD
12/4/202542.24 CAD
12/3/202542.99 CAD
12/2/202543.10 CAD
12/1/202543.53 CAD
11/28/202543.12 CAD
11/27/202542.41 CAD
11/26/202542.50 CAD
11/25/202542.70 CAD
11/24/202543.19 CAD
11/21/202543.59 CAD
11/20/202543.40 CAD
11/19/202544.15 CAD
11/18/202543.95 CAD
11/17/202543.56 CAD
11/14/202543.47 CAD
11/13/202542.29 CAD
11/12/202542.83 CAD
11/11/202542.29 CAD
11/10/202542.19 CAD
11/7/202542.53 CAD
11/6/202541.18 CAD
11/5/202540.55 CAD
11/4/202540.09 CAD
11/3/202541.11 CAD
10/31/202541.19 CAD
10/30/202540.97 CAD
10/29/202541.67 CAD
10/28/202542.20 CAD
10/27/202542.35 CAD
10/24/202542.64 CAD
10/23/202542.77 CAD
10/22/202543.12 CAD
10/21/202542.60 CAD
10/20/202542.60 CAD
10/17/202542.47 CAD
10/16/202541.95 CAD
10/15/202542.27 CAD
10/14/202542.42 CAD
10/10/202542.62 CAD
10/9/202542.31 CAD
10/8/202542.52 CAD
10/7/202542.70 CAD
10/6/202543.22 CAD
10/3/202543.44 CAD
10/2/202543.11 CAD
10/1/202543.15 CAD
9/30/202542.89 CAD
9/28/202542.74 CAD
9/25/202542.51 CAD
9/24/202543.44 CAD
9/23/202542.63 CAD
9/22/202542.48 CAD
9/19/202542.26 CAD
9/18/202541.42 CAD
9/17/202541.34 CAD
9/16/202541.20 CAD
9/15/202541.94 CAD
9/12/202541.76 CAD
9/11/202541.40 CAD
9/10/202541.73 CAD
9/9/202541.63 CAD
9/8/202541.30 CAD
9/5/202541.43 CAD
9/4/202541.27 CAD
9/3/202541.00 CAD
9/2/202541.73 CAD
8/29/202540.71 CAD
8/28/202540.66 CAD
8/27/202540.63 CAD
8/26/202540.40 CAD
8/25/202541.35 CAD
8/22/202541.87 CAD
8/21/202541.93 CAD
8/20/202541.72 CAD
8/19/202541.53 CAD
8/18/202541.48 CAD
8/15/202541.62 CAD
8/14/202541.86 CAD
8/13/202541.57 CAD
8/12/202541.57 CAD
8/11/202541.80 CAD
8/8/202541.27 CAD
8/7/202541.17 CAD
8/6/202541.16 CAD
Access this data via the Eulerpool API

AltaGas Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
12.90 B CAD
1.12 B CAD
673.00 M CAD
Jan 1, 2024
12.45 B CAD
1.14 B CAD
596.00 M CAD
Jan 1, 2025
12.55 B CAD
1.17 B CAD
768.00 M CAD
Jan 1, 2026 (e)
13.20 B CAD
2.04 B CAD
729.11 M CAD
Jan 1, 2027 (e)
14.76 B CAD
2.28 B CAD
823.04 M CAD
Jan 1, 2028 (e)
15.26 B CAD
2.35 B CAD
887.88 M CAD
Jan 1, 2029 (e)
12.55 B CAD
1.94 B CAD
850.15 M CAD
Jan 1, 2030 (e)
12.55 B CAD
1.94 B CAD
885.95 M CAD

AltaGas Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 8:00 PM
 
REVENUEB CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CAD
EBITB CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
DIV.CAD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
2.182.202.624.195.515.6510.6314.3912.9012.4512.5513.2014.7615.2612.5512.55
-9.371.1518.9559.9331.482.5488.3835.36-10.41-3.470.815.2011.783.39-17.750.01
39.2941.2537.2031.7633.8135.7123.1219.5117.5522.1924.0724.0724.0724.0724.0724.07
0.860.910.971.331.862.022.462.812.262.763.023.183.553.673.023.02
0.360.390.23-0.410.480.910.921.031.121.141.172.042.282.351.941.94
16.4517.908.63-9.728.7716.038.657.188.719.179.3215.4115.4215.4215.4215.42
51.00203.0091.00-435.00833.00552.00283.00523.00673.00596.00768.00729.00823.00887.00850.00885.00
-60.77298.04-55.17-578.02-291.49-33.73-48.7384.8128.68-11.4428.86-5.0812.897.78-4.174.12
1.892.032.122.090.960.961.001.061.121.191.261.351.431.52
11.837.414.43-1.42-54.074.176.005.666.255.887.145.936.29
138.70157.60171.30279.40279.40279.40280.20284.21283.00298.00311.18311.18311.18311.18311.18311.18
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales AltaGas generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue AltaGas retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare AltaGas's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares AltaGas has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against AltaGas's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

AltaGas stock margins

The AltaGas margin analysis displays the gross margin, EBIT margin, as well as the profit margin of AltaGas. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for AltaGas.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
23.12 %
8.65 %
2.66 %
Jan 1, 2022
19.51 %
7.18 %
3.63 %
Jan 1, 2023
17.55 %
8.71 %
5.22 %
Jan 1, 2024
22.19 %
9.17 %
4.79 %
Jan 1, 2025
24.07 %
9.32 %
6.12 %
Jan 1, 2026 (e)
24.07 %
15.42 %
5.52 %
Jan 1, 2027 (e)
24.07 %
15.42 %
5.58 %
Jan 1, 2028 (e)
24.07 %
15.42 %
5.82 %

AltaGas Stock Revenue, EBIT, Earnings per Share

The AltaGas earnings per share therefore indicates how much revenue AltaGas has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
37.95 CAD
3.28 CAD
1.01 CAD
Jan 1, 2022
50.65 CAD
3.63 CAD
1.84 CAD
Jan 1, 2023
45.57 CAD
3.97 CAD
2.38 CAD
Jan 1, 2024
41.77 CAD
3.83 CAD
2.00 CAD
Jan 1, 2025
40.33 CAD
3.76 CAD
2.47 CAD
Jan 1, 2026 (e)
44.26 CAD
6.54 CAD
2.44 CAD
Jan 1, 2027 (e)
49.47 CAD
7.31 CAD
2.76 CAD
Jan 1, 2028 (e)
51.15 CAD
7.56 CAD
2.98 CAD

AltaGas business model & stock analysis

AltaGas Ltd is a Canadian energy infrastructure company headquartered in Calgary, Alberta. It was founded in 1994 and has since become a significant player in Canada and North America's energy industry.

AltaGas SWOT Analysis

Strengths

AltaGas Ltd possesses several key strengths that contribute to its competitive advantage in the market:

AltaGas' extensive portfolio of diversified energy infrastructure assets, including natural gas, power, and utilities, provides stability, revenue growth opportunities, and reduces the reliance on a single sector or commodity.

The company enjoys a strong market position, benefiting from its well-established operations and long-term contracts with reliable customers. This allows AltaGas to capture a significant market share and maintain stable revenue streams.

AltaGas has a strong commitment to sustainability and renewable energy sources, which positions the company favorably in an evolving energy landscape. Its focus on environmental and social responsibility attracts environmentally conscious investors and customers.

The company has solid financial stability, bolstered by its consistent revenue generation, prudent financial management, and access to capital markets. This enables AltaGas to invest in new projects, expand its operations, and withstand potential market challenges.

Weaknesses

Despite its strengths, AltaGas Ltd also faces certain weaknesses that it needs to address:

AltaGas' business is exposed to fluctuations in commodity prices, particularly in the natural gas and power markets. Sharp price movements can impact the company's profitability and overall financial performance.

The company's operations and assets are concentrated in specific regions, which can expose AltaGas to regulatory, political, and market risks specific to those areas. Diversifying geographically can mitigate this concentration risk.

While long-term contracts provide stability, AltaGas' reliance on these contracts may limit its flexibility to adapt quickly to changing market conditions and pricing dynamics.

Opportunities

AltaGas Ltd has several opportunities to consider for future growth:

With the increasing importance of renewable energy sources, AltaGas has the opportunity to further expand its renewable energy portfolio. This can be achieved through investing in wind, solar, and hydro projects, capitalizing on government incentives, and meeting growing demand for clean energy.

AltaGas can explore strategic acquisitions and partnerships to enhance its market position, access new technologies, or expand its operations geographically. Such endeavors can provide synergies, diversification, and increased economies of scale.

The global shift towards net-zero emissions presents an opportunity for AltaGas to leverage its expertise and infrastructure to support the energy transition. By offering low-carbon solutions and investing in carbon capture and storage technologies, the company can tap into the growing demand for sustainable energy options.

Threats

AltaGas Ltd faces certain external threats that may impact its business:

Changes in regulations, political instability, and shifts in government policies related to energy can pose challenges for AltaGas. Adapting to new requirements and managing potential conflicts are crucial for the company's long-term success.

AltaGas operates in a highly competitive landscape where rival companies may offer similar services or products. Competitors with lower costs, superior technology, or stronger market presence can negatively impact the company's market share and profitability.

Economic downturns, fluctuations in interest rates, and other financial uncertainties can affect AltaGas' access to capital, customer demand, and overall profitability. Monitoring economic trends and maintaining financial resilience are essential to minimize potential adverse effects.

AltaGas Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

AltaGas historical P/E ratio, EBIT multiple, and P/S ratio

AltaGas annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

AltaGas shares outstanding

The number of shares of AltaGas was 311.18 M in 2025. This indicates how many shares AltaGas is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
280.20 M Stocks
Jan 1, 2022
284.21 M Stocks
Jan 1, 2023
283.00 M Stocks
Jan 1, 2024
298.00 M Stocks
Jan 1, 2025
311.18 M Stocks
Jan 1, 2026 (e)
311.18 M Stocks
Jan 1, 2027 (e)
311.18 M Stocks
Jan 1, 2028 (e)
311.18 M Stocks

AltaGas stock splits

In AltaGas's history, there have been no stock splits.

AltaGas Dividend History

26 years of dividend payments · 6 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.33CADYTD
Mar 16, 20260.33CAD 6.0%1/1
20251.26CAD 5.9%
Mar 17, 20250.32CAD 5.9%1/4
Jun 16, 20250.32CAD 0.0%2/4
Sep 16, 20250.32CAD 0.0%3/4
Dec 16, 20250.32CAD 0.0%4/4
20241.19CAD 6.2%
20231.12CAD 5.7%
20221.06CAD 6.0%
20211.00CAD 3.8%12×
20200.96CAD 0.3%12×
20190.96CAD 54.0%12×
20182.09CAD 1.3%12×
20172.12CAD 4.2%12×

AltaGas dividend history and estimates

In 2025, AltaGas paid a dividend amounting to 1.26 CAD. Dividend means that AltaGas distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.00 CAD
0.00 CAD
Jan 1, 2022
1.06 CAD
0.00 CAD
Jan 1, 2023
1.12 CAD
0.00 CAD
Jan 1, 2024
1.19 CAD
0.00 CAD
Jan 1, 2025
1.26 CAD
0.00 CAD
Jan 1, 2026 (e)
0.00 CAD
1.35 CAD
Jan 1, 2027 (e)
0.00 CAD
1.43 CAD
Jan 1, 2028 (e)
0.00 CAD
1.52 CAD

AltaGas dividend payout ratio

In 2025, AltaGas had a payout ratio of 51.05%. The payout ratio indicates the percentage of the company's profits that AltaGas distributes as dividends.
  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
98.97 %
Jan 1, 2022
57.60 %
Jan 1, 2023
47.10 %
Jan 1, 2024
59.50 %
Jan 1, 2025
51.05 %
Jan 1, 2026 (e)
55.38 %
Jan 1, 2027 (e)
51.92 %
Jan 1, 2028 (e)
50.94 %

Current AltaGas forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
78.57 % (11)
Hold
14.29 % (2)
Sell
7.14 % (1)
12M Price Target
48.96
Last Price
53.83
Currency
CAD
12M Return Potential
-9.05 %
LTM Return
0 %

AltaGas Analyst Rating Actions

DateFirmActionRating
3/11/2024
TD Securities
TD Securities
MaintainedBuy

AltaGas Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/24/20240.94CAD--CAD-2024 Q1
2/29/20240.81CAD-4.09 BCAD-2023 Q4
7/26/20230.17CAD--CAD-2023 Q2
4/26/20231.05CAD--CAD-2023 Q1
3/2/20230.66CAD-2.78 BCAD-2022 Q4
10/28/20220.09CAD-1.33 BCAD-2022 Q3
7/28/20220.12CAD-1.65 BCAD-2022 Q2
4/28/20220.93CAD-2.95 BCAD-2022 Q1
3/4/20220.39CAD-1.45 BCAD-2021 Q4
10/28/2021-0.06CAD-723.17 MCAD-2021 Q3
...

EESG©

Eulerpool ESG Scorecard© for the AltaGas stock

77/100
85
Environment
80
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions1,976,982
Scope 2 - Indirect emissions from purchased energy85,107
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions2,062,089
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees27
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

AltaGas shareholder structure

% Name
3.91732%
RBC Global Asset Management Inc.
RBC Global Asset Management Inc.
3.22381%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.43608%
CI Global Asset Management
CI Global Asset Management
2.04632%
BMO Asset Management Inc.
BMO Asset Management Inc.
1.81869%
Mawer Investment Management Ltd.
Mawer Investment Management Ltd.
1.60914%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
...

AltaGas Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.2%
Float Shares
-
Shares Outstanding
-

AltaGas Executives and Management Board

16 members · avg. age 64 · 31 % women

VY

Mr. Vernon Yu (57)

President, Chief Executive Officer, Director · since 2023

12.32 M CAD

Management

DJ

Mr. Donald Jenkins (51)

Executive Vice President and President Utilities, President of Washington Gas Light Company

5.35 M CAD
DH

Mr. D. James Harbilas

Chief Financial Officer, Executive Vice President

4.39 M CAD
CB

Ms. Corine Bushfield

Executive Vice President, Chief Administrative Officer

3.37 M CAD
RT

Mr. Randy Toone

Executive Vice President, President - Midstream · since 2019

2.89 M CAD
BG

Mr. Bradley Grant

Executive Vice President, Chief Legal Officer, Corporate Secretary

2.05 M CAD

Board of Directors

PK

Mr. Pentti Karkkainen (69)

Independent Chairman of the Board

466,930.00 CAD
NT

Ms. Nancy Tower (65)

Independent Director

322,021.00 CAD
PK

Mr. Phillip Knoll (69)

Independent Director · since 2015

321,930.00 CAD
RH

Mr. Robert Hodgins (72)

Independent Director

311,930.00 CAD
CJ

Ms. Cynthia Johnston (62)

Independent Director

292,347.00 CAD
VC

Ms. Victoria Calvert (68)

Independent Director

284,847.00 CAD

AltaGas Supply Chain

AltaGas Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
16 companies
#Nameβ 1YTrend
1
Birchcliff Energy
Customer·Oil, Gas & Consumable Fuels·CA
-0.52
0.31
0.81
0.67
0.68
0.93
1.38
2
Kelt Exploration
Supplier·Oil, Gas & Consumable Fuels·CA
-0.18
0.69
0.62
0.83
0.73
0.91
1.55
3
Kinder Morgan P
Supplier·Oil, Gas & Consumable Fuels·US
0.24
0.70
0.76
0.82
0.48
0.84
4
Vectren Corporation
Supplier·US
-0.11
0.68
0.12
0.42
0.42
0.83
5
TC Energy
Supplier·Oil, Gas & Consumable Fuels·CA
0.64
0.66
0.65
0.85
0.78
0.70
0.77
#Nameβ 1YTrend
1
Bowman Consulting
Supplier·Construction & Engineering·US
0.03
0.71
0.45
-0.32
0.30
2
Shell Plc
Supplier·Oil, Gas & Consumable Fuels·GB
-0.18
-0.16
0.71
3
Royal Vopak
Supplier·Customer·Oil, Gas & Consumable Fuels·NL
-0.02
0.59
-0.46
-0.62
-0.69
-0.94
-0.79
4
RGC Resources
Supplier·Customer·Gas Utilities·US
0.26
0.43
-0.18
-0.57
-0.43
-0.46
5
Equitrans Midstream
Supplier·Customer·Oil, Gas & Consumable Fuels·US
0.05
0.65
0.43
-0.52
-0.49
0.06

Frequently asked questions about AltaGas

The business model of AltaGas Ltd. revolves around energy infrastructure and the distribution of natural gas and electricity. AltaGas operates a diversified portfolio, including gas gathering and processing, transmission pipelines, power generation, and energy storage facilities. The company provides essential energy services to a wide range of customers, including residential, commercial, and industrial sectors. By focusing on long-term contracts and strategic partnerships, AltaGas aims to ensure stable cash flows and sustainable growth. With a commitment to environmental stewardship and community engagement, AltaGas strives to deliver reliable energy solutions while minimizing its environmental impact.

AltaGas Ltd is primarily active in the energy industry.

The main competitors of AltaGas Ltd in the market include TransCanada Corporation, Enbridge Inc., and TC Energy Corporation.

AltaGas Ltd. is a Canadian energy infrastructure company that traces its history back to 1994 when it was established as AltaGas Utility Group Inc. The company has grown and evolved over the years through mergers and acquisitions. Today, AltaGas Ltd. focuses on owning and operating a diverse portfolio of energy assets, including natural gas gathering and processing facilities, power generation plants, and regulated natural gas distribution utilities. With its extensive experience and expertise in the energy industry, AltaGas Ltd. has become a leader in providing clean and reliable energy solutions to its customers.

AltaGas Ltd, a leading energy infrastructure company, has achieved several significant milestones throughout its history. One notable achievement is the completion of the Ridley Island Propane Export Terminal, the first propane export facility on the west coast of Canada. AltaGas has also successfully expanded its natural gas processing operations, including the construction of the Townsend Facility, enabling increased production capacity. Additionally, the company has made notable acquisitions, such as the purchase of WGL Holdings, Inc., which strengthened its presence in the United States. By continuously pursuing growth and diversification opportunities, AltaGas Ltd has established itself as a pioneering force in the energy industry.

AltaGas Ltd is primarily present in Canada and the United States. As a leading energy company, AltaGas operates across various regions within these countries. With a strong foothold in Western Canada, the company has a significant presence in provinces like Alberta and British Columbia. In the United States, AltaGas operates mainly in the states of Alaska and California. Its operations span across diverse energy sectors including natural gas, power generation, and utilities. Leveraging its extensive infrastructure and strategic partnerships, AltaGas continues to expand its presence and deliver sustainable energy solutions in these key countries and regions.

AltaGas Ltd is a leading energy infrastructure company committed to delivering clean and affordable natural gas to customers. With a strong corporate philosophy focused on sustainability and environmental stewardship, AltaGas strives to engage in responsible business practices. The company upholds values of integrity, innovation, safety, and respect for stakeholders. AltaGas is dedicated to delivering value to shareholders through its diverse portfolio of assets and strategic acquisitions. By focusing on operational excellence and expanding its renewable energy projects, AltaGas takes an active role in shaping a sustainable and low-carbon future.

Analysts currently set an average price target of 47.66 CAD for the AltaGas stock (median: 48.96 CAD), implying -11.5 % versus the latest price. The consensus is based on 14 analyst ratings.

14 analysts currently rate the AltaGas stock: 11 recommend buying, 2 holding and 1 selling. For 2026, analysts expect AltaGas to generate revenue of 13.20 B CAD and earnings per share of 2.34 CAD.

Converted at the current exchange rate, the AltaGas share trades at 33.24 EUR (53.83 CAD).

The AltaGas share (ALA.TO) is listed on 5 stock exchanges, including: Frankfurt (AQ3.F), München (AQ3.MU), Düsseldorf (AQ3.DU), Toronto (ALA.TO).

The Canadian company AltaGas Ltd is an energy services company specializing in the production and sale of natural gas and liquefied natural gas. Founded in 1994, the company is headquartered in Calgary, Canada. AltaGas Ltd's business model is an integrated model focusing on four main business areas to meet the energy needs of its customers. These business areas include: Midstream, Power, Utilities, and Corporate. In the Midstream area, AltaGas Ltd offers services related to the production, processing, transportation, and sale of natural gas and liquefied natural gas. AltaGas owns and operates pipelines, processing plants, and liquefied gas facilities to serve demand in the Canadian and US natural gas markets. The Midstream division also provides storage facilities for natural gas. With the Power division, AltaGas Ltd provides power generation services through the ownership, operation, and development of generation facilities that produce energy from various sources such as hydroelectric power, natural gas, and biomass. AltaGas is a leader in integrating renewable energy into power generation to reduce dependence on fossil fuels. AltaGas Ltd's Utilities division provides utility services to customers in Canada and the US through its subsidiaries offering gas and electricity supply. This primarily involves the management and delivery of electricity and gas to households, businesses, and communities that require these energy sources. AltaGas Ltd's subsidiaries also maintain a network of power and gas pipelines to ensure customers can be supplied with energy. The Corporate division of AltaGas Ltd refers to the general corporate functions necessary to support the company's business activities. This includes financial management, marketing, human resources, legal affairs, and strategic planning. AltaGas Ltd also offers a range of products to meet the needs of its customers. These include gas heating, ventilation and air conditioning systems, gas and electricity deliveries, as well as maintenance and repair services. Customers also have the option to register online on AltaGas Ltd's website and track their bills and energy consumption. To optimize its business model, AltaGas Ltd collaborates closely with other industry stakeholders, including utility companies, government agencies, and technology companies. Additionally, the company invests in research and development to develop innovative approaches to energy generation and provision and reduce dependence on fossil fuels. Overall, AltaGas Ltd's business model is focused on meeting the energy needs of its customers to ensure reliable energy supply. With its integrated approach and expertise in natural gas and power production and delivery, AltaGas Ltd is an important player in the energy industry and will continue to play a significant role in the future.

The expected revenue of AltaGas is 13.20 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of AltaGas is 729.11 M CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of AltaGas is currently 22.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the AltaGas stock.

The price-to-sales ratio (P/S) of AltaGas is currently 1.27. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the AltaGas stock.

The Eulerpool Quality Score for AltaGas is 4/10.

The ISIN of AltaGas is CA0213611001. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of AltaGas is A1C08S. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of AltaGas is ALA.TO. The ticker symbol is used to trade AltaGas shares on the stock exchange.

Over the past 12 months, AltaGas paid a dividend of 1.26 CAD . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, AltaGas is expected to pay a dividend of 1.43 CAD.

The current dividend yield of AltaGas is 2.34 %.

AltaGas pays a dividend, distributed in the months of , , , .

AltaGas paid dividends every year for the past 25 years.

For the upcoming 12 months, dividends amounting to 1.43 CAD are expected. This corresponds to a dividend yield of 2.66 %.

AltaGas is assigned to the 'Utilities' sector.

To receive the latest dividend of AltaGas from amounting to 0.33 CAD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, AltaGas distributed 1.21 CAD as dividends.

The dividends of AltaGas are distributed in CAD.

All fundamentals and in-depth analysis of AltaGas

Our stock analysis for AltaGas stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of AltaGas. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.