Last C$44.99 CAD
Change Today +0.81 / 1.83%
Volume 623.2K
ALA On Other Exchanges
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As of 4:36 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

altagas ltd (ALA) Snapshot

Open
C$44.18
Previous Close
C$44.18
Day High
C$45.16
Day Low
C$43.91
52 Week High
08/19/14 - C$53.06
52 Week Low
12/12/14 - C$36.19
Market Cap
6.0B
Average Volume 10 Days
471.6K
EPS TTM
C$0.76
Shares Outstanding
134.1M
EX-Date
03/23/15
P/E TM
59.2x
Dividend
C$1.77
Dividend Yield
3.85%
Current Stock Chart for ALTAGAS LTD (ALA)

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altagas ltd (ALA) Details

AltaGas Ltd., a diversified energy infrastructure company, is engaged in gas, power, and regulated utilities businesses in Canada, and the northern and western United States. It operates through three segments: Gas, Power, and Utilities. The Gas segment is engaged in natural gas gathering and processing; natural gas liquids (NGL) extraction and fractionation, transmission, and storage; and natural gas marketing activities. This segment also buys and resells energy; and offers gas transportation, storage, and gas marketing services for producers. It serves commercial, industrial, agricultural, and institutional end-users through 4 natural gas transmission systems with transportation capacity of approximately 539 million cubic feet per day; 4 NGL pipelines with combined capacity 189,300 stock tank barrels per day; 70 gathering and processing facilities in 32 operating areas; and a network of 6,600 kilometers of gathering and sales lines. The Power segment is involved in the sale of electricity and ancillary services in Alberta, British Columbia, California, Colorado, Michigan, and North Carolina. As of December 31, 2013, it had 1,096 megawatts (MW) of installed power capacity, including 507 MW of gas-fired generation, 353 MW of power generation, 117 MW of wind power generation, 42 MW of gas-fired peaking, 30 MW of cogeneration, 35 MW of biomass generation, and 12 MW of hydroelectric power generation capacity. The Utilities segment operates natural gas distribution utilities and a rate-regulated natural gas storage utility. It owns and operates utility assets that deliver natural gas to end-users in Alberta, British Columbia, and Nova Scotia in Canada; and Michigan and Alaska in the United States. AltaGas Ltd. was founded in 1993 and is headquartered in Calgary, Canada.

Founded in 1993

altagas ltd (ALA) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: C$750.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$315.4K
Chief Operating Officer
Total Annual Compensation: C$429.3K
Compensation as of Fiscal Year 2013.

altagas ltd (ALA) Key Developments

AltaGas Ltd. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Effective Tax Rate Guidance for 2015

AltaGas Ltd. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenue of $285 million against $265 million for the same period a year ago. Revenue was $667 million against $581 million last year. Normalized operating income was $105 million against $112 million for the same period a year ago. Normalized EBITDA was $155 million against $153 million for the same period a year ago. Net income applicable to common shares was $10 million against $53 million for the same period a year ago. Normalized net income was $48 million against $60 million for the same period a year ago. Diluted earnings per share were $0.08 against $0.43 for the same period a year ago. Normalized net income per share was $0.36 against $0.49 for the same period a year ago. Net additions to property, plant & equipment were $183 million against $223 million for the same period a year ago. The Forrest Kerr and Volcano hydro projects reduced earnings in the fourth quarter by about $0.04 per share as a result of start-up late in the season. Normalized business operating income reported was $114 million compared to $124 million last year. Normalized funds from operations were $156 million or $1.17 per share. For the quarter, net invested capital was $157 million. For the fourth quarter, maintenance CapEx was $5 million. For the year, the company reported revenue of $2,406 million against $2,043 million for the same period a year ago. Net revenue was $1,019 million against $90 million last year. Normalized operating income was $366 million against $353 million for the same period a year ago. Normalized EBITDA was $546 million against $509 million for the same period a year ago. Net income applicable to common shares was $96 million against $182 million for the same period a year ago. Normalized net income was $165 million against $176 million for the same period a year ago. Diluted earnings per share were $0.74 against $1.52 for the same period a year ago. Normalized net income per share was $1.30 against $1.51 for the same period a year ago. Net additions to property, plant & equipment were $605 million against $1,145 million for the same period a year ago. The company delivered funds from operations of $472 million or $3.72 per share, an increase of 17% over 2013. For the year ended December 31, 2014, net invested capital was $590 million. For the full year, maintenance CapEx was $14 million. On a normalized basis, the company expects effective tax rate to be approximately 20%.

AltaGas Ltd. Announces Dividend for the Month of February 2015 Payable on March 16, 2015

AltaGas Ltd. announced that the February dividend will be paid on March 16, 2015, to common shareholders of record on February 25, 2015. The ex-dividend date is February 23, 2015. The amount of the dividend will be $0.1475 for each common share.

AltaGas Ltd. to Report Q4, 2014 Results on Feb 26, 2015

AltaGas Ltd. announced that they will report Q4, 2014 results at 11:00 AM, US Eastern Standard Time on Feb 26, 2015

 

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Valuation ALA Industry Range
Price/Earnings 36.0x
Price/Sales 2.2x
Price/Book 1.9x
Price/Cash Flow 15.8x
TEV/Sales 0.3x
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