TSE:ALA

Altagas Ltd (ALA.TO)

55.65
+1.34 (2.47%)
as of Jun 4, 2026, 6:59:22 pm Market Open.
809 watching
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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) has garnered a mix of positive insights from analysts, primarily highlighting its robust asset base on both the US East Coast and Canadian West Coast. The company stands out with strong midstream operations, providing reliable support for data centers during power outages, while benefiting from natural gas demand linked to increased energy needs. Analysts notice the stock's attractive valuation at a PE of 18x and its solid dividend yield of 2.71%. There's a consensus on the stock's growth potential driven by ongoing projects and LPG export capacity. However, some caution exists regarding its recent market performance and the impact of interest rates on future valuations.

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Consensus
Buy
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Valuation
Fair Value
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PPL
TOP PICK
They 1) gather/processing natural gas, 2) extract natural gas liquids and 3) electrical power generation. Good record of growth. Clean balance sheet. May have some good acquisition opportunities.
BUY
Processes oil/gas production and puts them in the pipeline.
WEAK BUY
Over a 7% yield. They gather, process and market natural gas so it is not a normal energy play. His only hesitation is that they have a fair amount of debt.
BUY
Operates in the midstream area of oil/gas in that they gather and process of natural gas. Also sell power in the Alberta market. High-quality management team. Good history of predictable growth. Outlook is quite good.
BUY
Should be a core holding in most portfolios. Stable distribution. Don’t buy for growth.
BUY
The outlook looks quite good. They've just spun off the Alta Gas Utilities division because there was no advantage holding this in the income trust structure. Made 4 small acquisitions over the last couple of months. Great track record.
BUY
A high quality trust and the pull back was just the overall market sentiment. Expecting good results out of them. At a level where it is starting to look very attractive.
WAIT
One of our holdings, owned for quite a while. High quality trust. Diverse, good management team. 10% + growth. Good place to be, fairly valued. Might wait for a lower price, long term it's going to be a great name.
PAST TOP PICK
(A Top Pick May 27/05. Up 8%.) Still likes. Represents good value anywhere between $24 and $26, so it's fairly valued at this point.
TOP PICK
Well diversified energy company. Recently announced that they are spinning off their natural gas regulated distribution pipeline in Alberta. Unitholders will not be affected as they will be given shares. Likes the management. Very conservative payout ratio on a free cash flow basis of 80%.
BUY
Likes this trust. Historically they have had a very good track record of growth in a conservative and well managed manner. A little shake up in management as the chairman has announced that he will be stepping out of the CEO role in 2006 and the COO has just resigned. Could spur a potential takeover bid.
BUY
Underweight on the whole power/pipe sector as he doesn't see the growth. If you are looking for stability, this sector has that. This company will participate in the growth of the pipeline expansion out west.
BUY ON WEAKNESS
Near the higher end of their shorter term valuation.
BUY
A terrific core holding. Has grown at 15%+ every year. Great management and make smart acquisitions.
BUY
A mid-stream service provider within the natural gas patch. A very good, stable trustable business.
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