Altagas Stock Today

ALA Stock  CAD 45.10  0.10  0.22%   

Performance

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Odds Of Distress

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AltaGas is selling at 45.10 as of the 20th of February 2026; that is 0.22 percent increase since the beginning of the trading day. The stock's open price was 45.0. AltaGas has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 22nd of November 2025 and ending today, the 20th of February 2026. Click here to learn more.
Business Domain
Energy
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS operates under UtilitiesRegulated Gas classification in Canada and is traded on Toronto Stock Exchange. The company has 311.1 M outstanding shares of which 4.18 M shares are presently shorted by private and institutional investors with about 6.03 days to cover all short positions. More on AltaGas

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AltaGas Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AltaGas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AltaGas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORandall Crawford
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Energy, Oil, Gas & Consumable Fuels, Utilities—Regulated Gas, Utilities (View all Sectors)
AltaGas' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AltaGas' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
AltaGas utilizes debt financing to potentially enhance returns on invested capital. The relationship between total debt and total assets provides valuable insight into AltaGas' leverage profile, showing how much of AltaGas' resources are funded through borrowing.
Liquidity
AltaGas cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. AltaGas has accumulated 10.57 B in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. AltaGas has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AltaGas until it has trouble settling it off, either with new capital or with free cash flow. So, AltaGas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AltaGas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AltaGas to invest in growth at high rates of return. When we think about AltaGas' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

1.68 Billion
AltaGas (ALA) is traded on Toronto Exchange in Canada and employs 33 people. AltaGas is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AltaGas's market, we take the total number of its shares issued and multiply it by AltaGas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AltaGas operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 311.1 M outstanding shares of which 4.18 M shares are presently shorted by private and institutional investors with about 6.03 days to cover all short positions. AltaGas has accumulated about 85 M in cash with 1.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check AltaGas Probability Of Bankruptcy
Ownership Allocation
AltaGas holds a total of 311.1 Million outstanding shares. 30% of AltaGas outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AltaGas Ownership Details

AltaGas Historical Income Statement

At this time, AltaGas' Operating Income is very stable compared to the past year. As of the 20th of February 2026, EBIT is likely to grow to about 1.4 B, though Total Other Income Expense Net is likely to grow to (240.3 M). View More Fundamentals

AltaGas Stock Against Markets

AltaGas Stock Analysis Notes

About 38.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.68. Some equities with similar Price to Book (P/B) outperform the market in the long run. AltaGas has Price/Earnings To Growth (PEG) ratio of 1.92. The entity last dividend was issued on the 16th of March 2026. AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS operates under UtilitiesRegulated Gas classification in Canada and is traded on Toronto Stock Exchange. It employs 2801 people. For more info on AltaGas please contact Randall Crawford at 403 691 7575 or go to https://www.altagas.ca.

AltaGas Quarterly Total Revenue

2.64 Billion

AltaGas Investment Alerts

AltaGas has accumulated 10.57 B in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. AltaGas has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AltaGas until it has trouble settling it off, either with new capital or with free cash flow. So, AltaGas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AltaGas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AltaGas to invest in growth at high rates of return. When we think about AltaGas' use of debt, we should always consider it together with cash and equity.
Latest headline from news.google.com: AltaGas Reaches New 1-Year High - Heres Why - MarketBeat

AltaGas Largest EPS Surprises

Earnings surprises can significantly impact AltaGas' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-08-15
2000-06-300.060.070.0116 
2012-07-26
2012-06-300.140.12-0.0214 
2002-02-27
2001-12-310.160.180.0212 
View All Earnings Estimates

AltaGas Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 14.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AltaGas's market, we take the total number of its shares issued and multiply it by AltaGas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

AltaGas Profitablity

AltaGas' profitability indicators refer to fundamental financial ratios that showcase AltaGas' ability to generate income relative to its revenue or operating costs. If, let's say, AltaGas is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, AltaGas' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of AltaGas' profitability requires more research than a typical breakdown of AltaGas' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.04 
Return On Capital Employed 0.05  0.07 
Return On Assets 0.03  0.04 
Return On Equity 0.08  0.09 

Management Efficiency

AltaGas has return on total asset (ROA) of 0.0343 % which means that it generated a profit of $0.0343 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0896 %, meaning that it generated $0.0896 on every $100 dollars invested by stockholders. AltaGas' management efficiency ratios could be used to measure how well AltaGas manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of February 2026, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.07. At this time, AltaGas' Fixed Asset Turnover is very stable compared to the past year. As of the 20th of February 2026, Return On Assets is likely to grow to 0.04, while Other Current Assets are likely to drop about 254.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 27.43  14.96 
Tangible Book Value Per Share 9.76  8.55 
Enterprise Value Over EBITDA 14.49  15.21 
Price Book Value Ratio 1.31  1.54 
Enterprise Value Multiple 14.49  15.21 
Price Fair Value 1.31  1.54 
Enterprise ValueB528.3 M
Leadership effectiveness at AltaGas is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield
0.0276
Operating Margin
0.0323
Profit Margin
0.0606
Forward Dividend Yield
0.0297
Beta
0.482

Technical Drivers

As of the 20th of February, AltaGas shows the Mean Deviation of 0.8285, downside deviation of 1.12, and Risk Adjusted Performance of 0.0541. AltaGas technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

AltaGas Price Movement Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. AltaGas Tanh Of Price Series is a hyperbolic price transformation function.

AltaGas Outstanding Bonds

AltaGas issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AltaGas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AltaGas bonds can be classified according to their maturity, which is the date when AltaGas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

AltaGas Predictive Daily Indicators

AltaGas intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of AltaGas stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

AltaGas Forecast Models

AltaGas' time-series forecasting models are one of many AltaGas' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AltaGas' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AltaGas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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AltaGas Corporate Directors

Robert HodginsIndependent DirectorProfile
Terry McCallisterDirectorProfile
Victoria CalvertIndependent DirectorProfile
Cynthia JohnstonIndependent DirectorProfile

Other Information on Investing in AltaGas Stock

AltaGas financial ratios help investors to determine whether AltaGas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AltaGas with respect to the benefits of owning AltaGas security.