TSE:ALA

Altagas Ltd (ALA.TO)

55.37
+1.06 (1.95%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 17 opinions in the last 12 months.

Altagas Ltd (ALA-T) has garnered positive reviews from experts, with many highlighting its strong asset portfolio that includes significant operations in the US East Coast and Canadian West Coast. The company is characterized by a stable mix of energy infrastructure (approximately 45%) and regulated utilities (about 55%), which provides a balance of growth potential and stability. Analysts commend its midstream operations and the pivotal role natural gas plays in supporting data centers, particularly as natural gas demand rises with the growth of AI infrastructure. While some analysts caution about its fair valuation and recent price movements, the overall sentiment leans towards growth opportunities associated with its strategic assets, particularly in a recovering energy market. The company's consistent dividend growth and management quality further bolster its appeal among long-term investors.

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Consensus
Buy
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Valuation
Fair Value
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PPL
TOP PICK
Dividend of about 4.8% and it has good growth potential over time. Have some electrical power generation facilities in BC with long-term contracts and inflation protection. They are a distributor and processor of natural gas. Recently made some acquisitions.
TOP PICK
High-quality company. In the energy infrastructure space which is a really attractive place to be. Have a good balanced portfolio so they have access to power, gas and utility. Focused on growth which is very strong on long-term predictable cash flow. 4.8% dividend yield is sustainable. Payout ratio is very reasonable at just under 50%.
WEAK BUY
Looked at it recently. It has had a pretty good run. He went with a smaller one with a slightly higher yield (GEI-T). You would not go far wrong with ALA.
TOP PICK
(Top Pick, Aug 23’11 Up17.72%) Very different – mid-stream producer. Huge increase in oil and gas production. Oil sands production will triple over 20 years. Expects 30% total return on this stock.
TOP PICK
A processor/distributor of natural gas. 4.5% dividend yield. Fantastic management team. Looking for 10% dividend growth over the next 5 years.
TOP PICK
A growing dividend company. The dividend could probably grow at a 10% level over 5, 10, 15 years. A great play on natural gas moving to Asia. $36 as a target price in 12 months, makes sense.
COMMENT
Diversified power producer with power from hydro and natural gas plants. Recently acquired regulated natural gas assets in the US. Have a coal power purchase agreement that goes out to 2020.
BUY
A big position in his income strategy. Predictable revenue stream. There is a secular growth opportunity that could give them a triple in their cash flow. He would put this in almost any portfolio.
PAST TOP PICK
(A Top Pick Apr 8/11. Up 23.2%.)
TOP PICK
Dividend growth story. Mid-stream assets that are producing well now. 3 hydro assets coming on stream in a couple of years and just did an acquisition.
TOP PICK
A classic midstream energy infrastructure company including pipelines, gas processing, storage and energy production. They are also now a regulated utility. Multiple revenue streams. Looks like cash flow can go around $100 million this year and 300 million by 2015 which will lead to a significant ramp in dividends.
BUY
(Market Call Minute.) Good name. Great business. Made some acquisitions. Has an inflation protected deal with BC Hydro. Dividend paying.
TOP PICK
In the utility electrical and natural gas distribution businesses. Just acquired a regulated utility business in Michigan and in Alaska. 4.9% dividend yield. Have some renewable hydro-projects coming on in BC in 2015. You'll get 5%-7% dividend growth between now and 2015 and then you should start seeing 10% dividend growth going out.
PAST TOP PICK
(A Top Pick April 8/11. Up 20.22%.)
TOP PICK
A new position for them. Sold Transalta because there is more dividend potential with ALA. By 2014 he expects dividend growth to increase from 5% per year to somewhere as much as 10% per year.
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