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AltaGas Ltd. (T:ALA)

Business Focus: Multiline Utilities

INK Edge Outlook

Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for ALA within the last 6 months
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Company News

Jul 30, 2020 06:00 ET
AltaGas Announces Second Quarter Results
AltaGas continues to execute on defined strategy and delivers resilient second quarter results with guidance reaffirmed; remains focused on maintaining safe and reliable operations for its employees, customers and the communities it serves.
Read full article
Jul 21, 2020 06:30 ET
Ormat Announces Closing of the Pomona Energy Storage Facility Acquisition in California
Ormat Technologies, Inc.1 (NYSE: ORA), today announced that its Ormat Nevada Inc. affiliate has closed on the transaction to acquire the 20 MW / 80 MWh Pomona energy storage facility in California from AltaGas Power Holdings (U.S.) Inc. (TSE: ALA)...
Read full article
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Valuation Ratios

Industry
Sector
Beta
1.67
--
--
Price to Sales - TTM
0.94
2.42
4.59
Price to Book - most recent quarter
0.76
1.43
1.77
Price to Cash Flow per share - TTM
6.04
7.55
9.21
Price to Free Cash Flow per share - TTM
--
9.50
22.00
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jul 31, 20207,490,236473,681
Jul 15, 20207,016,555-93,043
Jun 30, 20207,109,598-199,064
See Short Report

Business Summary

Sector:  Utilities Industry:  Multiline Utilities

AltaGas Ltd is a Canada-based diversified energy infrastructure company. It operates through three segments: Midstream Power and Utilities. Its Midstream transacts more than 1.5 billion cubic feet per day (Bcf/d) of natural gas. Its Midstream business includes natural gas gathering and processing, natural gas liquids (NGL) extraction and fractionation, transmission, storage, natural gas and NGL marketing. Its Power segment is engaged in the generation and sale of capacity, electricity, and ancillary services and related products through power facilities in Alberta, California, Michigan, and North Carolina. Its Power segment includes 695 megawatt (MW) of operational gross power generation capacity from gas-fired, solar, biomass, and energy storage. The Utilities segment serves customers through ownership of regulated natural gas distribution utilities. The Utilities business also includes storage facilities and contracts to interstate natural gas transportation and storage services.

See business summary

 

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