AltaGas Ltd ALA
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- CA$52.69
- Day Range
- CA$51.76–53.48
- 52-Week Range
- CA$39.45–57.52
- Bid/Ask
- CA$52.70 / CA$53.48
- Shares Outstanding
- 312.01M
- Market Cap
- CA$16.63B
- Volume/Avg
- 671,317 / 905,994
Key Statistics
- Price/Earnings (Normalized)
- 21.50
- Price/Sales
- 1.19
- Dividend Yield (Trailing)
- 2.47%
- Dividend Yield (Forward)
- 2.51%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 2.47%
Company Profile
AltaGas Ltd is a North American energy infrastructure company that connects customers and markets to energy sources. AltaGas has three reporting segments: Utilities, Midstream, and Corporate/Other. The majority of its revenue is generated from the Midstream segment, which operates a North American energy platform that moves natural gas and LPGs from the wellhead to markets. It exports propane and butane to Asia through its LPG terminals, and runs natural gas gathering, processing, fractionation, liquids handling, and storage infrastructure. The segment also includes its natural gas and natural gas liquids (NGLs) marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. Geographically, the firm derives its key revenue from the U.S.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Mid Core
- Total Number of Employees
- 2,853
- Website
- https://www.altagas.ca
Valuation
|
Metric
|
ALA
|
|---|---|
Price/Earnings (Normalized) | 21.50 |
Price/Book Value | 1.76 |
Price/Sales | 1.19 |
Price/Cash Flow | 11.40 |
Price/Earnings
ALA
Financial Strength
|
Metric
|
ALA
|
|---|---|
Quick Ratio | 0.55 |
Current Ratio | 0.86 |
Interest Coverage | 2.85 |
Quick Ratio
ALA
Profitability
|
Metric
|
ALA
|
|---|---|
Return on Assets (Normalized) | 2.75% |
Return on Equity (Normalized) | 8.41% |
Return on Invested Capital (Normalized) | 5.31% |
Return on Assets
ALA
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