ALA1N Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Diversified Business ModelAltaGas’s dual model—fee-based midstream plus regulated utility distribution—reduces earnings volatility by combining contract/capacity fees with rate‑regulated returns. This structural mix supports predictable cash flows and demand resilience over multiple quarters regardless of commodity swings.
Stable Operating Cash FlowConsistently strong operating cash flow (~$1.31B TTM) demonstrates the core business generates real cash, enabling continued investment in infrastructure, maintenance capex and debt service. That cash generation is a durable underpinning of liquidity and operations over the medium term.
Improving Leverage TrendThe decline in debt-to-equity from ~1.36x to ~1.13x signals deliberate de‑risking. Progress on deleveraging increases financial resilience, lowers refinancing pressure, and expands strategic flexibility for capex or M&A over the coming 2–6 months if the trend continues.
Bears Say
Negative Free Cash FlowPersistent negative free cash flow (~-$416M TTM) constrains capital allocation and forces reliance on external financing or asset sales. Over several quarters this limits the company’s ability to self‑fund growth, raise dividends, or accelerate deleveraging without higher financing costs.
High Absolute DebtA large nominal debt stock (~$10.8B) keeps financing and refinancing risk elevated even as ratios improve. High absolute leverage increases sensitivity to interest rates and credit markets, which can crowd out investment and magnify stress during tighter conditions across multiple quarters.
Margin CompressionDeclining net margins (4.6% vs 6.1%) point to cost pressures or weaker pricing mix in midstream/utilities. Sustained margin erosion reduces earnings quality and cash conversion, making future returns more dependent on rate cases or volume recovery rather than operating leverage alone.
AltaGas News
ALA1N FAQ
What was AltaGas Ltd.’s price range in the past 12 months?
Currently, no data Available
What is AltaGas Ltd.’s market cap?
AltaGas Ltd.’s market cap is $214.83B.
When is AltaGas Ltd.’s upcoming earnings report date?
AltaGas Ltd.’s upcoming earnings report date is Oct 29, 2026 which is in 87 days.
How were AltaGas Ltd.’s earnings last quarter?
AltaGas Ltd. released its earnings results on Jul 30, 2026. The company reported $3.827 earnings per share for the quarter, beating the consensus estimate of $2.716 by $1.111.
Is AltaGas Ltd. overvalued?
According to Wall Street analysts AltaGas Ltd.’s price is currently Undervalued.
Does AltaGas Ltd. pay dividends?
AltaGas Ltd. does not currently pay dividends.
What is AltaGas Ltd.’s EPS estimate?
AltaGas Ltd.’s EPS estimate is 0.99.
How many shares outstanding does AltaGas Ltd. have?
AltaGas Ltd. has 312,005,550 shares outstanding.
What happened to AltaGas Ltd.’s price movement after its last earnings report?
AltaGas Ltd. reported an EPS of $3.827 in its last earnings report, beating expectations of $2.716. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of AltaGas Ltd.?
Currently, no hedge funds are holding shares in MX:ALA1N
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
AltaGas Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$746.82 (― Upside)
$746.82 (― Upside)
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.07%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.45%
Trailing 12-Months
Company Description
AltaGas Ltd.
AltaGas Ltd., founded in Calgary, Canada, in 1994, operates as a prominent energy infrastructure enterprise across North America. The company's business is structured into two main divisions: Utilities and Midstream. Its Utilities segment oversees and manages regulated natural gas distribution and storage networks throughout Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia, providing service to approximately 1.7 million customers. This division also facilitates interstate natural gas transportation and storage. The Midstream segment focuses on natural gas gathering and extraction, featuring an extraction processing capability of 1.2 billion cubic feet per day (Bcf/d) and a raw field gas processing capacity of approximately 1.2 Bcf/d. Furthermore, it engages in fractionation, liquid handling, and the marketing of natural gas and natural gas liquids. This segment's operations also extend to LPG exports and distribution, logistics, trucking and rail terminal management, and liquid storage. Additionally, AltaGas controls gas-fired power generation and distribution facilities in California and Colorado, boasting a combined generating capacity of 578 MW. The company caters to residential, commercial, and industrial clients, primarily concentrated in the Western Canada Sedimentary Basin.
ALA1N Company Deck
ALA1N Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights strong operational execution, record export volumes, project progress (Pipestone II, REEF Phase 1, Opti-1 uplift), solid quarterly and full-year financial results, improved credit outlook and disciplined capital plans. Notable challenges include a 28-day labor disruption, an active Indigenous/commercial dispute on Ridley Island, higher O&M and retail contributions weakness, plus regulatory and project execution dependencies. On balance, the positive operational and financial momentum, strengthened balance sheet and hedging positions outweigh the listed challenges.View all MX:ALA1N earnings summaries