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TSE:ALA
This summary was created by AI, based on 18 opinions in the last 12 months.
Altagas Ltd (ALA-T) has garnered mixed yet generally positive sentiment from experts, primarily due to its unique position in the energy sector, which is characterized by a balanced mix of regulated utilities and gas processing infrastructure. The company has strong growth prospects, particularly as it capitalizes on LNG export opportunities and increasing demand from data centers. Its robust relationships in Asia enable it to navigate potential disruptions in the Middle East effectively. Analysts highlight that Altagas's growth rate outpaces competitors like Pembina and Capital Power, adding to its attractiveness for investments. While some experts recommend holding or timing purchases for market pullbacks, the overall outlook remains bullish, showcasing confidence in the stock's future performance.
Strong utility growth. Very good valuation. As earnings move up, still trading at 12.5x 2025 earnings, estimated 12% growth rate. Dividend growing at 6%.
As breadth widens in this market, so many areas to put money. Don't forget about a name like this, hit a nice single without too much headache.
Half is gas processing and half is utilities and she likes the combination. It has been quietly exporting liquified propane gas for some time now off the coast of Washington State. Also off the coast of BC perhaps along with LNG. It is up 14% in the past year and pays a 4% dividend. It can increase its capabilities.
ALA trades at 12x earnings, growing at 12%. On PEG ratio, it's cheaper. Yield is 4%, growing comfortably at 5-8%.
BCE is paying a wonderful dividend. PE is more expensive. No growth right now, perhaps will see 3% in a couple of years. At $47, still a bit of upside from today's levels. Regulatory announcements have to go well for BCE, still pricing issues, still a bit of wood to chop.
For fresh money, ideally split it between both. If he had to choose one, it would be ALA.