AQ3 Stock Chart & Stats
€34.40
€0.40(1.18%)
At close: 4:00 PM EDT
€34.40
€0.40(1.18%)
Day’s Range― - ―
52-Week Range€24.20 - €35.00
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€10.18B
Enterprise Value€27.92K
Total Cash (Recent Filing)€131.00M
Total Debt (Recent Filing)€10.77B
Price to Earnings (P/E)26.8
Beta-0.20
Next Earnings
Oct 29, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.97
Shares Outstanding312,005,550
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)1.41
Price to Sales (P/S)1.00
P/FCF Ratio-36.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€37.56Price Target Upside9.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.56
Revenue Forecast (FY)€8.72B
Bulls Say, Bears Say
Bulls Say
Diversified Business ModelAltaGas combines fee‑based midstream contracts with a regulated utilities business, creating durable, less cyclical cash flows. Fee revenue limits commodity exposure while the utilities segment delivers rate‑base growth and regulated returns, supporting steady earnings over months.
Operational Momentum And HedgingThe company delivered record Q2 performance, raised 2026 EBITDA/EPS guidance and shows strong export throughput. High hedging/tolling coverage (~91% export volumes) materially reduces commodity volatility and supports predictable EBITDA and cash flow in the medium term.
Improving Leverage And Capital CapacityLeverage has trended down toward targets (4.4x adjusted net debt/EBITDA) while equity has grown, expanding funding capacity. This de‑risking enhances financial flexibility to fund capital programs, support modernization and pursue phased growth projects over the coming quarters.
Bears Say
Negative Free Cash FlowDespite solid operating cash, FCF is negative and failed to cover net income, indicating capital spending and other uses consume inflows. Persistent negative FCF constrains internal funding for growth, dividends or debt paydown and raises reliance on external financing.
High Absolute Debt LoadAltaGas carries substantial nominal debt (~$10.8B) typical of utility/midstream capital intensity. Even with improving ratios, high absolute leverage leaves the company sensitive to refinancing risk and interest rates, limiting maneuverability if cash flow weakens.
Project Execution And Cost Risk (REEF)Significant REEF in‑water delays and a ~12% cost increase push timelines and capital needs. As a major growth asset, schedule slips and higher costs reduce near‑term incremental export capacity and add execution and funding risk that can persist across quarters.
AltaGas News
AQ3 FAQ
What was AltaGas Ltd.’s price range in the past 12 months?
AltaGas Ltd. lowest stock price was €24.20 and its highest was €35.00 in the past 12 months.
What is AltaGas Ltd.’s market cap?
AltaGas Ltd.’s market cap is €10.18B.
When is AltaGas Ltd.’s upcoming earnings report date?
AltaGas Ltd.’s upcoming earnings report date is Oct 29, 2026 which is in 61 days.
How were AltaGas Ltd.’s earnings last quarter?
AltaGas Ltd. released its earnings results on Jul 30, 2026. The company reported €0.193 earnings per share for the quarter, beating the consensus estimate of €0.137 by €0.056.
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 0.05.
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 €0.193 in its last earnings report, beating expectations of €0.137. Following the earnings report the stock price went up 1.754%.
Which hedge fund is a major shareholder of AltaGas Ltd.?
Currently, no hedge funds are holding shares in DE:AQ3
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
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.90%
12-Months-Change
Fundamentals
Return on Equity
2.47%
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.
AQ3 Company Deck
AQ3 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive momentum: record Q2 results, raised 2026 guidance, record LPG exports (144,000 bbl/d, +13% YoY), strong hedging coverage and a solid balance sheet (4.4x leverage) underpin a confident growth outlook. Key growth projects show advanced progress (REEF 85% complete, Opti I/II advancement, Dimsdale, MVP Southgate) and Utilities modernization is driving rate base growth and regulatory wins. Offsetting risks include in‑water REEF delays and a ~12% cost increase from unforeseen marine/weather impacts, a revised REEF in‑service timing (now before Q1 2027), a planned Harmattan turnaround, and some ongoing regulatory and partner‑specific uncertainties. Overall, the positives — record performance, raised guidance, strong hedging, project progress and balance sheet flexibility — materially outweigh the project execution and regulatory risks highlighted.View all DE:AQ3 earnings summariesAQ3 Stock 12 Month Forecast
Average Price Target
€37.56
▲(9.19% Upside)
Technical Analysis
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