AltaGas is a North American diversified energy infrastructure company. It engages in delivering affordable natural gas through regulated natural gas distribution utilities and transact more than 1.5 Bcf/d of natural gas. In addition, AltaGas provides storage facilities, interstate natural gas transportation, energy efficiency contracting and retail power marketing services.
The company operates through midstream, utilities and power segments. It serves 1.6 million customers in the utilities and owns infrastructure assets worth more than $21 billion in some of the fastest growing energy markets in North America. AltaGas’ assets include a good mix of gas, power, and utility assets.
Its midstream business serves customers primarily in the Western Canada Sedimentary Basin. AltaGas is known for its premier energy solutions, the strength of its assets and expertise along the energy value chain.
Stock Chart & Metrics
- Ticker: tse:ala
- Sector: Utilities
- Industry: Utilities - Regulated Gas
- Market Cap: 7.81B
- Market Cap Group: Mid Cap
- P/E: 13.48
- Dividend Yield: 4.04%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 4/10
- Dividend Income Fit: 6/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| CNP | NYSE:CNP | CenterPoint Energy, Inc. | 17.63 | 22.16 | 2.86 | NO | 1 | 12 | 107 |
| ALA | TSE:ALA | AltaGas | 7.81 | 13.48 | 4.04 | NO | 1 | 12 | 107 |
| SPB | TSE:SPB | Superior Plus | 2.48 | 45.37 | 21.64 | NO | 1 | 12 | 107 |
| NWN | NYSE:NWN | Northwest Natural Gas Company | 1.34 | 13.29 | 5.35 | NO | 1 | 12 | 107 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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AltaGas - FAQ
What is the stock ticker for AltaGas?
The stock ticker for AltaGas is TSE:ala.
Is AltaGas a good stock to buy?
You need to consider your investment strategy and how TSE:ala can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 4/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is AltaGas a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 48 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for AltaGas?
You can easily buy the ALA stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.