AltaGas Ltd.

AltaGas Ltd.

ATGFF
AltaGas Ltd.US flagOther OTC
36.91
USD
+0.27
- -
11.50BMarket Cap
AltaGas Ltd.
ATGFF
(Other OTC)

Recent

price

36.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
16.61
15.23
15.03
17.69
18.95
15.86
14
14.95
19.12
19.84
20
37.77
50.13
46.07
41.94
42.24
43.02
Revenue per Share
1.19
0.98
1.07
1.56
0.75
0.07
0.99
0.18
-2.25
2.76
1.74
0.82
1.72
2.29
1.95
2.5
2.61
Basic EPS, GAAP
0.3
-2.95
-7.11
-1.56
-0.72
-1.09
-0.48
0.28
-4.97
-2.59
2.77
2.64
1.92
3.97
5.18
4.11
5.1
Free Cash Flow per Basic Share
1.88
1.45
1.53
1.64
1.94
2.15
2.32
2.46
2.42
1.21
1.2
1.27
1.2
1.22
1.25
1.32
1.29
Dividend per Share
-0.11
13.87
16.53
18.51
20.32
19.85
20.18
17.98
21.33
19.2
19.8
19.62
20
22.34
22.2
24.72
23.45
Book Value per Share
8.31
8.42
7.37
11.21
12.97
11.66
13.23
11.44
6.92
5.6
3.56
4.23
5.78
7.28
9.52
12.5
10.49
Tangible Book Value per Share
82
84
95
116
127
138
157
171
223
277
279
280
281
282
297
301
298
Basic Weighted Avg Shares
1,354
1,280
1,428
2,053
2,401
2,183
2,201
2,556
4,257
5,495
5,587
10,573
14,087
12,997
12,448
12,705
12,831
Sales/Revenue/Turnover
11.43
7.79
10.28
10.07
8.34
14.21
17.83
7.59
-10.39
2.49
11.92
9.09
7.12
7.01
8.77
11.29
10.58
Operating Margin (%)
89
80
99
152
173
212
272
282
394
438
414
422
439
441
475
517
496
Depreciation Expense
101
93
117
201
130
51
204
92
-435
833
552
283
523
673
596
768
799
Net Income, GAAP
1.68
17.93
27.69
16.14
12.09
44.72
13.32
- -
- -
- -
18.17
23.77
19.97
24.45
18.5
24.3
18.38
Effective Tax Rate (%)
7.48
7.25
8.18
9.79
5.42
2.34
9.25
3.58
-10.22
15.16
9.88
2.68
3.71
5.18
4.79
6.04
6.23
Profit Margin (%)
-19
-206
33
-106
295
90
-258
-113
-69
-929
-110
-33
1,231
-368
-681
-652
-95
Working Capital
893
1,214
2,626
2,953
3,032
3,732
3,370
3,440
8,070
6,081
7,930
7,937
9,453
8,648
9,552
9,692
9,671
LT Debt
1,211
1,361
2,000
2,830
3,574
4,203
4,615
4,639
7,640
7,369
7,661
7,601
7,618
7,863
9,046
9,548
9,076
Total Equity
7.28
3.4
2.86
3.21
2.72
2.25
4.04
- -
- -
- -
3.5
4.49
4.71
3.87
4.77
5.47
5.9
Return on Invested Capital (%)
10.23
7.17
4.25
5.21
3.45
1.53
4.06
- -
- -
- -
5.02
2.74
4.54
5.74
5.53
6.05
6.69
Return on Capital (%)
- -
- -
7.45
9.76
4.05
0.37
5.26
0.97
-12.83
15.2
8.96
4.17
8.69
10.84
8.97
10.71
11.51
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,015
713
612
LT Borrowings
9,014
9,162
9,144
LT Finance Leases
538
523
527
Preferred Equity and Hybrid Capital
391
391
391
Shares Outstanding
298
299
299
Market Capitalization
9,953
11,732
11,573

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,819
2,818
2,489
Cash, Cash Equivalents & STI
85
197
320
Accounts Receivable, Net
1,639
1,786
1,346
Inventories
676
517
574
Total Current Liabilities
3,500
2,961
2,584
Payables & Accruals
2,089
1,938
1,788
ST Debt
1,015
713
612
Deferred Revenue
98
63
66

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.87%
4.65%
5.55%
Free Cash Flow
-277.33%
18.8%
-19.7%
Net Income, GAAP
-57.48%
16.44%
28.86%
Sales/Revenue/Turnover
22.68%
22.52%
2.06%
Total Cash Common Dividend
6.35%
7.42%
7.93%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,655
2,775
2,759
3,259
12,448
2025
3,969
2,844
3,294
- -
12,705
2026
3,970
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.38
-0.14
0.03
- -
1.95
2025
1.31
0.59
- -
- -
2.5
2026
0.47
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.31
0.31
0.32
- -
1.25
2025
0.33
0.33
- -
- -
1.32
2026
0.35
- -
- -
- -
- -
Business
AltaGas Ltd. is a Calgary, Canada-based North American energy infrastructure company engaged primarily in utilities and midstream segments. The company provides franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities through its subsidiaries Washington Gas and SEMCO, serving approximately 1.6 million residential, commercial, and industrial customers in jurisdictions including the District of Columbia, Maryland, Virginia, Michigan, Ohio, Pennsylvania, Delaware, and parts of Canada. AltaGas's midstream segment encompasses natural gas gathering, processing, extraction with a capacity of approximately 1.2 billion cubic feet per day, fractionation, liquids handling, natural gas and natural gas liquids (NGL) marketing, LPG exports and distribution, logistics including trucking and rail terminals, and liquid storage. Additionally, AltaGas operates gas-fired power generation facilities with a capacity of about 508 megawatts primarily in California and Arizona. Its midstream infrastructure includes strategic export facilities such as the Ridley Island Propane Export Terminal and the Ferndale Terminal, supporting connectivity to global markets, particularly in Asia. Recent major company changes include AltaGas's decision in late 2025 to retain ownership of the Mountain Valley Pipeline (MVP) system, including MVP Mainline, MVP Boost, and MVP Southgate projects, reversing a previous plan to monetize these assets due to favorable expansion prospects. The company also closed a $460 million bought deal equity financing in November 2025 to support growth initiatives. AltaGas entered into long-term commercial agreements with Keyera Corporation in early 2025, leveraging each company's infrastructure for LPG tolling, fractionation, and logistics services to strengthen market connections and cash flow predictability. These strategic partnerships and financing moves underscore AltaGas's focus on expanding midstream capacity, enhancing utility operations, and maintaining stable, long-term investments in critical energy infrastructure. Founded in 1994, AltaGas operates primarily across North America, with operations in Canada and the United States including significant presence in the Western Canadian Sedimentary Basin, Michigan, and the U.S. mid-Atlantic region. The company focuses on delivering affordable, reliable energy to residential, commercial, and industrial customers through integrated infrastructure and expert energy management services. AltaGas also provides natural gas storage and transportation services, as well as power generation from diverse fuel sources including gas-fired plants. The company’s strategic footprint includes a mix of regulated utility assets and midstream energy logistics, positioning it to connect producers from well sites to global markets efficiently. AltaGas serves a broad spectrum of customers in the energy value chain from upstream producers to end-users, aiming to provide reliable and economical energy solutions. Its operating segments include Utilities (natural gas distribution and storage), Midstream (gathering, processing, fractionation, logistics, and marketing of natural gas and liquids), and Power (gas-fired power generation). The company’s recent operational and strategic initiatives reflect efforts to fortify its core energy infrastructure business while expanding its presence in global LPG markets and gas-fired power generation. In summary, AltaGas Ltd. is an integrated energy infrastructure company specializing in natural gas distribution, midstream processing and logistics, and gas-fired power generation in North America, with recent strategic developments including asset retention of key pipeline projects, equity financing for growth, and collaborative infrastructure agreements with Keyera to enhance export capabilities and long-term growth prospects.

Company News

APIChatGPT
  • AltaGas: Switch From Common Shares To Preferred Stock For A Strong 3-Year Return

  • AltaGas Ltd. (ALA:CA) Shareholder/Analyst Call Transcript

  • AltaGas Ltd. (ALA:CA) Q4 2025 Earnings Call Transcript

  • Midstream Energy: Relative Favorability

  • OTC Markets Group Welcomes AltaGas Ltd. to OTCQX

  • AltaGas: An Attractive Fixed Income Idea

  • AltaGas to Retain MVP as Long-Term Investment; Announces $400 Million Bought Deal Financing

  • AltaGas Ltd. (ALA:CA) Q3 2025 Earnings Call Transcript

  • AltaGas Ltd. (ATGFF) Q2 2025 Earnings Call Transcript

  • AltaGas Ltd. (ATGFF) Q1 2025 Earnings Call Transcript

  • AltaGas: An Interesting Combination Of Midstream And Utility

  • AltaGas Ltd. (ATGFF) Q4 2024 Earnings Call Transcript

  • AltaGas: Far Better Than It Was

  • AltaGas Ltd. (ATGFF) Q3 2024 Earnings Call Transcript

  • AltaGas: Locking In A 6.7% Preferred Divided Yield For The Next 5 Years

  • AltaGas Ltd. (ATGFF) Q2 2024 Earnings Call Transcript

  • Birchcliff and AltaGas Enhance Long-Term Partnership

  • Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO

  • AltaGas and Vopak reach positive final investment decision on Ridley Island Energy Export Facility

  • AltaGas Ltd. (ATGFF) Q1 2024 Earnings Call Transcript