Company AltaGas Ltd.

Equities

ALA

CA0213611001

Natural Gas Utilities

Market Closed - Toronto S.E. 04:15:12 2024-04-18 pm EDT 5-day change 1st Jan Change
29.47 CAD +0.79% Intraday chart for AltaGas Ltd. +0.86% +5.93%

Business Summary

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.

Number of employees: 3,045

Sales per Business

CAD in Million2022Weight2023Weight Delta
Midstream
62.1 %
9,010 64.0 % 8,069 62.1 % -10.44%
Utilities
37.1 %
4,980 35.4 % 4,827 37.1 % -3.07%
Corporate/Other
0.8 %
97 0.7 % 101 0.8 % +4.12%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
63.0 %
8,915 63.4 % 8,137 63.0 % -8.73%
United States
37.0 %
5,155 36.6 % 4,772 37.0 % -7.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 23-06-30
Founder 70 94-03-31
Director of Finance/CFO 54 19-06-09
Chief Administrative Officer 49 15-12-31
Director/Board Member 69 15-10-31
Corporate Officer/Principal - 18-11-30
Corporate Officer/Principal - 12-11-30
Corporate Officer/Principal - 02-12-31
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Founder 70 94-03-31
Director/Board Member 72 05-03-31
Chairman 69 18-07-25
Director/Board Member 69 15-10-31
Director/Board Member 60 20-01-08
Director/Board Member 64 20-01-08
Chief Executive Officer 57 23-06-30
Director/Board Member 57 21-02-01
Director/Board Member 62 18-07-24
Director/Board Member 68 15-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 1,253,321 0 0 97.10 %
Stock B 0 6,746,679 0 0
Stock C 1 295,894,695 293,855,583 ( 99.31 %) 0

Shareholders

NameEquities%Valuation
Middlefield Capital Corp.
0.5741 %
1,618,000 0.5741 % 36 M $
1,614,873 0.5730 % 36 M $
Bloom Investment Counsel, Inc.
0.4618 %
1,301,599 0.4618 % 29 M $
Franklin Bissett Investment Management
0.2310 %
651,012 0.2310 % 14 M $
Sentry Investments, Inc.
0.2014 %
567,518 0.2014 % 13 M $
Sjunde AP-fonden
0.1630 %
459,393 0.1630 % 10 M $
Dimensional Fund Advisors Ltd.
0.1417 %
399,286 0.1417 % 9 M $
IA Clarington Investments, Inc.
0.1282 %
361,240 0.1282 % 8 M $
Randy Toone
0.1177 %
331,783 0.1177 % 7 M $
Arrow Capital Management, Inc.
0.1146 %
322,935 0.1146 % 7 M $
NameEquities%Valuation
3,200 0.0400 % 70 634 $
NameEquities%Valuation
Manulife Investment Management Ltd.
0.1995 %
2,500 0.1995 % 36 930 $
NameEquities%Valuation
Slater Asset Management, Inc.
0.6110 %
41,224 0.6110 % 453 464 $
CWB Wealth Management Ltd.
0.2964 %
20,000 0.2964 % 220 000 $
20,000 0.2964 % 220 000 $
Manulife Investment Management Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Purpose Investments, Inc.
1.577 %
126,176 1.577 % 2 M $
J. Zechner Associates, Inc.
0.6138 %
49,100 0.6138 % 761 394 $
NameEquities%Valuation
J. Zechner Associates, Inc.
63.37 %
706,000 63.37 % 11 M $
Manulife Investment Management Ltd.
3.646 %
40,625 3.646 % 635 781 $
NameEquities%Valuation
Slater Asset Management, Inc.
2.226 %
153,249 2.226 % 2 M $
Fiera Investments LP
0.2062 %
14,200 0.2062 % 220 540 $
Manulife Investment Management Ltd.
0.1888 %
13,000 0.1888 % 201 903 $
J. Zechner Associates, Inc.
0.1481 %
10,200 0.1481 % 158 416 $

Company contact information

AltaGas Ltd.

355-4th Avenue SW Suite 1700

T2P 0J1, Calgary

+403-691-7575

http://www.altagas.ca
address AltaGas Ltd.(ALA)

Group companies

NameCategory and Sector
Gas Distributors
Gas Distributors
WGL Energy Services, Inc.
Electric Utilities
Wholesale Distributors
Oil & Gas Production
WGL Sustainable Energy LLC

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
29.47 CAD
Average target price
33.75 CAD
Spread / Average Target
+14.52%
Consensus