Altagas Ltd (ALA-T) Stock Predictions - Stockchase
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Altagas Ltd (ALA-T)

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Altagas Ltd Altagas Ltd
ALA-T

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Altagas Ltd (ALA-T) SAVE

24.85

0.06 (0.24%)

Aug, 17, 2018, 12:00 am

OPINIONS

What the experts are saying about ALA-T



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COMMENT
Altagas Ltd(ALA-T) 

August 15, 2018

Altagas versus Vermillion. VET-T is oil with some exposure into France and a little expensive. ALA-T has been beat down on the recent acquisition in Washington. Depending on your outlook on energy, ALA-T will act more defensively. But if you believe in $100 WTI, then he would go with VET-T.

oil/gas

Altagas versus Vermillion. VET-T is oil with some exposure into France and a little expensive. ALA-T has been beat down on the recent acquisition in Washington. Depending on your outlook on energy, ALA-T will act more defensively. But if you believe in $100 WTI, then he would go with VET-T.

oil/gas
Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$24.910
Owned Owned
_N/A

HOLD
Altagas Ltd(ALA-T) 

August 14, 2018

He added a bit recently and he has held it for a long time. The reason he bought more is that he's entering the Alberta economy a bit--Canadian oil is ridiculously cheap. The dividend, over 8%, is sustainable, and it gives him some cash flow. 

oil/gas

He added a bit recently and he has held it for a long time. The reason he bought more is that he's entering the Alberta economy a bit--Canadian oil is ridiculously cheap. The dividend, over 8%, is sustainable, and it gives him some cash flow. 

oil/gas
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$25.120
Owned Owned
Yes

COMMENT
Altagas Ltd(ALA-T) 

August 9, 2018

He likes it.  It is a good utility company.  It pays a good dividend yield.  They just finished up a good transaction and it should be accretive to earnings soon.  They sold off some assets that were not contributing to earnings. 

oil/gas

He likes it.  It is a good utility company.  It pays a good dividend yield.  They just finished up a good transaction and it should be accretive to earnings soon.  They sold off some assets that were not contributing to earnings. 

oil/gas
Cole Kachur

Senior Wea, ScotiaWealth Managem...

Price Price
$25.400
Owned Owned
Unknown

BUY
Altagas Ltd(ALA-T) 

August 3, 2018

Their recent earnings were mixed.  Now that the acquisition of WBL is now closed, things should become more transparent.  They were sold off with the concerns of rising interest rates.  It is looking much better and is a good investment now.  

oil/gas

Their recent earnings were mixed.  Now that the acquisition of WBL is now closed, things should become more transparent.  They were sold off with the concerns of rising interest rates.  It is looking much better and is a good investment now.  

oil/gas
Peter Hodson

CEO & Head, 5i Research Inc....

Price Price
$26.180
Owned Owned
No

HOLD
Altagas Ltd(ALA-T) 

July 26, 2018

It was a right place to be at a time. Reasonable payout ratio and an 8% dividend yield. He would wait it out. If he bought it are 30 he would hold it at 26. 

oil/gas

It was a right place to be at a time. Reasonable payout ratio and an 8% dividend yield. He would wait it out. If he bought it are 30 he would hold it at 26. 

oil/gas
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$26.610
Owned Owned
No

STRONG BUY
Altagas Ltd(ALA-T) 

July 25, 2018

The completed the acquisition of WGL recently that will add cash flow.  They are working on the Ridley Island propane export terminal on the west coast, marking the first time propane will be exported to Asian and European markets.  The CEO departed recently and he views it as not a major concern regarding operations of the company.  He would be buying now on the recent price weakness.  

oil/gas

The completed the acquisition of WGL recently that will add cash flow.  They are working on the Ridley Island propane export terminal on the west coast, marking the first time propane will be exported to Asian and European markets.  The CEO departed recently and he views it as not a major concern regarding operations of the company.  He would be buying now on the recent price weakness.  

oil/gas
Michael Simpson

Senior Vic, Sentry Investments...

Price Price
$26.660
Owned Owned
Yes

COMMENT
Altagas Ltd(ALA-T) 

July 18, 2018

He owns it personally. The WGL acqusition has been approved. High yield of 10%, but it carries a lot of debt on the acqusition side, so he didn't buy it for his client portfolios. This will probably move up from the current $28.

oil/gas

He owns it personally. The WGL acqusition has been approved. High yield of 10%, but it carries a lot of debt on the acqusition side, so he didn't buy it for his client portfolios. This will probably move up from the current $28.

oil/gas
Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$28.010
Owned Owned
Yes

DON'T BUY
Altagas Ltd(ALA-T) 

July 17, 2018

Under his model, this stock is overpriced by 15%. Also it is paying out over $2 in dividends but is expected to earn only about $1 this year and $1.35 next year. This is similar to Crescent Point. The stock is getting a bump from oil prices but he would not buy it until it comes down to $21.

oil/gas

Under his model, this stock is overpriced by 15%. Also it is paying out over $2 in dividends but is expected to earn only about $1 this year and $1.35 next year. This is similar to Crescent Point. The stock is getting a bump from oil prices but he would not buy it until it comes down to $21.

oil/gas
Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$27.990
Owned Owned
No

BUY
Altagas Ltd(ALA-T) 

July 12, 2018

Company that stared in Canada and expending in the US. The yield is still abnormally high. He thinks that they can still sustain that. They have been great at selling assets at good valuations. He thinks the yield is crazy and should get [through price appreciation] to more normal levels like 5%. They won’t cut the dividend as they have funding. (Analysts’ price target is $28.95)

oil/gas

Company that stared in Canada and expending in the US. The yield is still abnormally high. He thinks that they can still sustain that. They have been great at selling assets at good valuations. He thinks the yield is crazy and should get [through price appreciation] to more normal levels like 5%. They won’t cut the dividend as they have funding. (Analysts’ price target is $28.95)

oil/gas
Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$28.020
Owned Owned
No

BUY
Altagas Ltd(ALA-T) 

July 5, 2018

It is the same cap as ENB-T as they are in the big utilities space.  He was attracted to what they can do in the mid-east coast US.  They can move gas to big US markets from within the US.  The dividend is probably safe.  He thinks it still offers great value. 

oil/gas

It is the same cap as ENB-T as they are in the big utilities space.  He was attracted to what they can do in the mid-east coast US.  They can move gas to big US markets from within the US.  The dividend is probably safe.  He thinks it still offers great value. 

oil/gas
Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$27.510
Owned Owned
Unknown

STRONG BUY
Altagas Ltd(ALA-T) 

July 3, 2018

He has recommended this several times.  The acquisition is now closed on WGL.  They sold about 1/3 of their Northeast BC assets to pay for it.  This has worked out well, because these assets are trading at a premium in the private capital market.  He has been buying since $24 and likes the 7% yield.  

oil/gas

He has recommended this several times.  The acquisition is now closed on WGL.  They sold about 1/3 of their Northeast BC assets to pay for it.  This has worked out well, because these assets are trading at a premium in the private capital market.  He has been buying since $24 and likes the 7% yield.  

oil/gas
Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$27.620
Owned Owned
Yes

DON'T BUY
Altagas Ltd(ALA-T) 

June 29, 2018

They used to own a lot of this stock, but when interest rates began to rise it raised the risk-free rate and made running the business more difficult so they sold out.  The company already has a moderate level of debt and the WGL acquisition will add to their leveraged position.  They will manage the new asset well, but he thinks the risk of rising interest rates will add headwinds.  

oil/gas

They used to own a lot of this stock, but when interest rates began to rise it raised the risk-free rate and made running the business more difficult so they sold out.  The company already has a moderate level of debt and the WGL acquisition will add to their leveraged position.  They will manage the new asset well, but he thinks the risk of rising interest rates will add headwinds.  

oil/gas
Chris Stuchberr

Portfolio , Wellington-Altus Pri...

Price Price
$27.150
Owned Owned
No

WATCH
Altagas Ltd(ALA-T) 

June 28, 2018

They have an export terminal for propane in BC.  Alberta is awash in propane.  They are building this export facility.  He used to own this.  WGL Holdings should close any day and improves their metrics considerably.  The burden of proof is on them.  This is not that synergistic an acquisition.

oil/gas

They have an export terminal for propane in BC.  Alberta is awash in propane.  They are building this export facility.  He used to own this.  WGL Holdings should close any day and improves their metrics considerably.  The burden of proof is on them.  This is not that synergistic an acquisition.

oil/gas
Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$26.390
Owned Owned
No

DON'T BUY
Altagas Ltd(ALA-T) 

June 26, 2018

He would not touch this stock. The high yield is deceptive. It pays out more than it earns and so the balance sheet is deteriorating by 5% per year. His model price is 13% lower than yesterday’s closing price.

oil/gas

He would not touch this stock. The high yield is deceptive. It pays out more than it earns and so the balance sheet is deteriorating by 5% per year. His model price is 13% lower than yesterday’s closing price.

oil/gas
Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$26.340
Owned Owned
No

COMMENT
Altagas Ltd(ALA-T) 

June 22, 2018

Is the dividend safe? Safe-ish. Better things are happening. If the US acquisition goes through it is going to be an OK story.

oil/gas

Is the dividend safe? Safe-ish. Better things are happening. If the US acquisition goes through it is going to be an OK story.

oil/gas
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$26.420
Owned Owned
Yes

Showing 1 to 15 of 425 entries
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5 Comments

Mark Sewell

January 31st 2014 at 6:28pm

Excellent company, just sold it today.
Too hot and needs a pull back to the lower band of the daily channel ($36-37)
it is on my radar.

Mark Sewell

January 31st 2014 at 6:29pm

Excellent company, just sold it today.
Too hot and needs a pull back to the lower band of the daily channel ($36-37)
it is on my radar.

Mark Sewell

January 31st 2014 at 6:33pm

Excellent company, just sold it today.
Too hot and needs a pull back to the lower band of the daily channel ($36-37)
it is on my radar.

jordy

March 4th 2014 at 10:06am

TD forecasting free cash flow of $4.03 for 2015. Nice chart. What's not to like?

jordy

March 4th 2014 at 10:06am

TD forecasting free cash flow of $4.03 for 2015. Nice chart. What's not to like?


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