TSE:ALA

Altagas Ltd (ALA.TO)

55.09
+0.78 (1.44%)
as of Jun 4, 2026, 2:46:08 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) 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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Similar
PPL
TOP PICK
3.5% dividend. Good profitability. US will be looking for more gas. Won't be a fast growth.
DON'T BUY
Could drop further. Might buy at $5.50.
BUY ON WEAKNESS
Buiy at $6.80.
PAST TOP PICK
(Was a top pick on Oct 26 no change)
TOP PICK
Good revenues. 3% dividend. Trades at 15 X earnings.
DON'T BUY
Some challenges compared to some other oil/gas holdings
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