TSE:ALA

Altagas Ltd (ALA.TO)

54.57
+0.11 (0.20%)
as of Jul 14, 2026, 8:00:00 pm Market Open.
808 watching
0
Investor Insights
star iconJul 14, 2026, 12:00 am

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

Altagas Ltd (ALA-T) is recognized as a strong player in the energy infrastructure sector, particularly due to its balanced portfolio comprising about 55% regulated utilities and 45% energy infrastructure. Analysts note its unique positioning, benefiting from the growing demand for natural gas driven by data centres, especially in regions like Virginia that house a significant portion of these facilities. The company's growth prospects appear robust, backed by ongoing investments and expansion plans, including propane exports. However, there are mixed sentiments regarding the stock's current valuation and its short-term performance, with some experts advocating for cautious entry during market pullbacks. Several analysts find ALA provides steady cash flow with a promising future linked to energy demands, although concerns about valuation and market positioning persist.

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Consensus
Mixed
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Valuation
Fair Value
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BUY
(Market Call Minute.) Energy infrastructure trusts. Will convert to a Corp. in 2011.
BUY
Their business is pretty diversified. They are making a spread between the price of oil and the price of gas. A stable business. Thinks the distribution is safe.
HOLD
(Market Call Minute.) Power and natural gas liquids are weak and the frac spreads are thin. Long-term it is a very well run company.
BUY
(Market Call Minute) 50% exposure to power/50% exposure to gas.
TOP PICK
Energy infrastructure balance between power and gas, with a gas part being gathering and processing and NLG extraction. Conservative and defensive in how it manages its business. A lot of hedging in place. Good balance sheet. Really, really cheap.
BUY
(Market Call Minute.) Energy infrastructure name.
TOP PICK
Natural gas. 2nd quarter results were quite strong. Has been unduly punished and is very cheap. Thinks distribution is safe. Do a very good job of hedging with 66% on the power side for 09 and 50% in 2010. On frac spreads 50% in 09 and 15%-20% in 2010. Good management ownership.
BUY
Still on a base building pattern. At this level, you could probably make a purchase with a Stop at about $14.25. Expect some resistance at about $19, which would be a good point for profit taking.
BUY
(Market Call Minute.) Midstream pipelines and some power generation in Alberta. Very steady performer.
BUY
13% yield is safe. Conservatively run. Clean balance sheet. Number of projects coming on stream. Pretty good visibility on growth. Balanced in that it has a 1) power business, 2) gathering and processing business and 3) NGL extraction. Those 3 tend to move out of step with each other so weakness in one place could have strength somewhere else. Good hedges.
BUY
Went to pipelines when things got ugly in the market. His #1 is Inter Pipeline (IPL.UN-T), #2 Pembina (PIF.UN-T), #3 Keyera (KEY.UN-T) and Altagas (ALA.UN-T). In terms of consolidation he thinks all 4 are takeover candidates by institutional holders. 13% yield is sustainable.
BUY
Gets affected by the frac spread, the difference between oil and gas. Have done a pretty good job of hedging and have diversified into wind power and energy storage.
BUY
Very exposed to the Alberta energy market. The liquid extraction business and processing business is doing fairly well. Believes drilling activity will remain fairly constant. Looks like very good value.
BUY
(Market Call Minute.) He is buying this.
TOP PICK
Gather and process natural gas in Western Canada. Has some good upside. 8.4% yield.
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