AltaGas Ltd.

AltaGas Ltd.

25.97
CAD
0.00
(0.00%)
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
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
13,905
Operating Margin (%)
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
10.74
Depreciation Expense
153
173
212
272
282
394
438
414
422
439
441
475
517
536
Net Income, GAAP
201
130
51
204
92
-435
833
552
283
523
673
596
768
829
Effective Tax Rate (%)
16.14
12.09
44.72
13.32
- -
- -
- -
18.17
23.77
19.97
24.45
18.5
24.3
25.67
Profit Margin (%)
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
5.96
Working Capital
-106
295
90
-257
-113
-69
-929
-110
-33
1,231
-368
-681
-652
-421
LT Debt
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
10,255
Total Equity
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
10,280
Return on Invested Capital (%)
3.07
2.97
1.99
4.08
- -
- -
- -
4.67
4.52
4.72
5.29
4.83
5.46
5.44
Return on Capital (%)
5.19
3.39
1.47
3.85
- -
- -
- -
4.85
2.67
4.32
5.37
5.11
5.59
5.72
Return on Common Equity (%)
9.64
3.86
0.33
4.59
0.88
-11.15
13.15
8.17
3.89
7.58
9.1
7.37
8.79
9.04

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
850
575
514
LT Borrowings
9,169
9,512
9,670
LT Finance Leases
523
517
585
Preferred Equity and Hybrid Capital
195
195
195
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,907
3,046
2,607
Cash, Cash Equivalents & STI
99
163
131
Accounts Receivable, Net
1,768
1,984
1,544
Inventories
633
521
630
Total Current Liabilities
3,559
3,468
3,028
Payables & Accruals
2,300
2,394
2,179
ST Debt
850
575
514
Deferred Revenue
91
72
80

Growth Rates

CAD

•

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

CAD

•

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
3,797
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Vernon D. Yu
Full Time Employees
2,853
Sector
Utilities
Industry
Gas distributors
Address
707 5th Street SW Calgary AB Canada T2P 1V8
IPO Date
Jan 17, 2000
Website
altagas.ca
Business
AltaGas Ltd. (TSX: ALA) operates as a leading North American energy infrastructure company focused on connecting customers and markets to affordable and reliable sources of energy through its diversified Midstream and Utilities segments. The company provides midstream services including global export facilities such as the Ridley Island Propane Export Terminal (RIPET) and Ferndale Terminal for liquefied petroleum gas (LPG) shipments to Asia; processing, fractionation, and logistics infrastructure; hydrocarbon storage; integrated hydrocarbons handling encompassing storage, rail logistics, pipeline transportation, and wellsite fluids; natural gas and natural gas liquids (NGL) marketing; and three gas-fired cogeneration plants. Its Utilities segment delivers regulated natural gas distribution to approximately 1.6 million residential, commercial, and industrial customers via Washington Gas and SEMCO in the U.S. jurisdictions of the District of Columbia, Maryland, Virginia, and Michigan, along with interests in natural gas storage facilities. Founded in 1994 and headquartered in Calgary, Alberta, AltaGas conducts operations across Canada, including key positions in the Montney basin, British Columbia, Alberta, and Nova Scotia, and in the United States with midstream assets in major basins, the Gulf Coast, Alaska, and the aforementioned utility regions; it targets upstream producers, commercial and industrial users, and end consumers in domestic and export markets. In November 2025, AltaGas elected to retain its ownership stakes in the Mountain Valley Pipeline (MVP) projects—including the Mainline, 10% interest in the MVP Boost expansion adding 600 MMcf/d capacity under 20-year take-or-pay contracts with in-service targeted for mid-2028, and 5.1% interest in the MVP Southgate extension into North Carolina—as a long-term investment following a comprehensive sales process, citing superior value from near-term expansions over monetization. Concurrently, the company completed a $460 million bought deal equity financing, issuing 11,615,000 common shares at $39.65 each including the full exercise of the over-allotment option, with net proceeds allocated to leverage reduction and future growth funding. In December 2025, AltaGas announced a six percent dividend increase alongside 2026 guidance and a $1.6 billion capital program emphasizing organic growth, while Fitch and S&P issued positive credit outlook revisions to Stable and Positive, respectively, affirming BBB ratings amid improved leverage expectations.

Company News

  • AltaGas Ltd. (OTCMKTS:ATGFF) Receives Consensus Recommendation of “Buy” from Brokerages

  • 2 Quality Stocks Showing An Entry Point: Trane Technologies And AltaGas

  • AltaGas Q2 Earnings Call Highlights

  • 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