AltaGas (ATGFF) Stock Price & Analysis
ATGFF Stock Chart & Stats
- Day’s Range
- $39.51 - $40.04
- 52-Week Range
- $27.69 - $41.71
- Previous Close
- $40.13
- Volume
- 209
- Average Volume (3M)
- 58.66K
- Market Cap
- $12.40B
- Enterprise Value
- $28.39B
- Total Cash (Recent Filing)
- $219.00M
- Total Debt (Recent Filing)
- $11.28B
- Price to Earnings (P/E)
- 28.2
- Beta
- -0.08
- Next Earnings
- Mar 05, 2027 (Est.)
- EPS Estimate
- 0.48
- Next Dividend Ex-Date
- Dec 16, 2026
- Dividend Yield
- 2.39%
Bulls Say, Bears Say
Bulls Say
Contracted And Regulated Earnings
The combination of contracted midstream services and regulated distribution earnings provides a more stable foundation than a fully merchant energy model. These structures can reduce direct commodity-price exposure, support planning through cycles, and create durable visibility for infrastructure investment.
Midstream Operating Growth
Strong Midstream volume, export and EBITDA growth indicates that AltaGas is capturing demand across its processing, fractionation and logistics network. Higher utilization and expanding throughput can improve the earnings contribution of existing assets while strengthening the platform for future infrastructure additions.
Utility Rate-base Expansion
Approved utility revenue increases and modernization riders provide a visible pathway for regulated growth beyond current operations. Continued system investment can expand rate base and customer reliability while allowing AltaGas to earn approved returns on qualifying capital over multiple years.
Bears Say
Negative Free Cash Flow
Persistent negative free cash flow shows that capital spending is exceeding internally generated cash, limiting financial flexibility even as operating cash flow improves. Continued investment at this level may require external funding and can constrain the resources available for debt reduction or shareholder returns.
Meaningful Leverage
AltaGas remains meaningfully leveraged, which increases sensitivity to interest rates, refinancing conditions and any sustained weakness in earnings. Although leverage has improved from prior periods, the debt burden can restrict capital allocation flexibility and make large infrastructure spending more dependent on financing access.
Margin Compression
The decline in net and EBITDA margins indicates that recent revenue growth has not translated proportionally into profitability. If cost pressure or an unfavorable business mix persists, lower margins could weaken earnings quality, reduce cash conversion and make it harder to absorb operating or market disruptions.
AltaGas News
ATGFF FAQ
What was AltaGas’s price range in the past 12 months?
What is AltaGas’s market cap?
When is AltaGas’s upcoming earnings report date?
How were AltaGas’s earnings last quarter?
Is AltaGas overvalued?
Does AltaGas pay dividends?
What is AltaGas’s EPS estimate?
How many shares outstanding does AltaGas have?
What happened to AltaGas’s price movement after its last earnings report?
Which hedge fund is a major shareholder of AltaGas?
What is the TipRanks Smart Score and how is it calculated?
AltaGas Stock Smart Score
Company Description
AltaGas
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.
- Sector
- Energy
- Industry
- Regulated Gas
- CEO
- Vernon D. Yu
- Employees
- 2,853
- Website
- www.altagas.ca
- Address
- 707 5th Street SW, Calgary, AB, T2P 1V8, CA
AltaGas (ATGFF) Earnings & Revenues
ATGFF Company Deck
ATGFF Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. AltaGas reported record quarterly EBITDA and EPS, substantial Midstream volume and export growth, constructive utility rate case outcomes, progress across major growth projects, improving leverage and guidance tracking toward the upper end of the increased 2026 ranges. The principal negative topics were the Trigon labor strike, Middle East-related LPG and shipping disruptions, flat Utilities EBITDA and higher incentive costs, but management said these risks were being mitigated or reflected in its outlook.
View all ATGFF earnings summariesATGFF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 13 | 6 | 3 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 10 | 0 | 2 |






