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AltaGas Ltd. (ALA.TO) Stock Price & Analysis

AltaGas Ltd. (ALA.TO) — price $56.53 (+2.30%), as of the Oct 16, 2026 trading session; market cap $12.5B. Expected results Oct 29, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$56.53 +$1.27 (+2.30%) Market Cap $12.5B

AltaGas Ltd. · ALA.TO · Utilities · Regulated Gas

AltaGas Ltd., founded in Calgary, Canada, in 1994, operates as a prominent energy infrastructure enterprise across North America. The company's business is structured into two main divisions: Utilities and Midstream.

Price as of Oct 16, 2026

Key Statistics

No publishable V2 score is available for this stock yet.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$56.53
Change on the day+2.30%
52-week range$39.45 – $57.52
Market capitalisation$12.5B—
Price / earnings (trailing)28.10
Shares traded on the day567.0K
Beta (volatility vs the S&P 500)0.48
Dividends per share (last 12 months)$1.32
Dividend yield (last 12 months)2.33%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 12, 2025 to Oct 16, 2026: low $40, high $57, latest $57. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $57 $40 high $57 Oct 30, 2025 · Earnings results · reported below the recorded estimate · close $411Mar 6, 2026 · Earnings results · reported above the recorded estimate · close $462Apr 30, 2026 · Earnings results · reported above the recorded estimate · close $523Jul 30, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $564Jul 30, 2026 · Earnings results · reported above the recorded estimate · close $565 Sep 12, 2025 Oct 16, 2026 · $57 $42Sep 12, 2025$43Sep 26, 2025$43Oct 10, 2025$43Oct 24, 2025$43Nov 7, 2025$43Nov 21, 2025$42Dec 5, 2025$41Dec 19, 2025$42Jan 2, 2026$41Jan 16, 2026$41Jan 30, 2026$45Feb 13, 2026$46Feb 27, 2026$48Mar 13, 2026$49Mar 27, 2026$49Apr 10, 2026$50Apr 24, 2026$51May 8, 2026$54May 22, 2026$56Jun 5, 2026$54Jun 19, 2026$53Jul 3, 2026$55Jul 17, 2026$56Jul 31, 2026$54Aug 14, 2026$53Aug 28, 2026$52Sep 11, 2026$52Sep 25, 2026$55Oct 9, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • With the increase and shape of our 2026 capital program and considering the seasonality of our business, we expect our leverage metric to trend towards the midpoint of our 4.5 to 5x target range as we progress through the year.

    Sean Brown · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for AltaGas (ALA.TO): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Moderate
Operating Leverage Neutral
Cash Runway Moderate
R&D Intensity Neutral
Insider Activity Moderate
Trading Liquidity Moderate
Price Momentum Moderate
News Sentiment Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Neutral read

Read on: Sep 1, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Neutral
Revenue Growth Weak
Debt/Equity Negative
ROE Neutral
Gross Margin Weak

Read on: Apr 29, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Apr 29, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 18, 2026, except a card that shows its own read date.

Watch the ALA.TO film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is AltaGas (ALA.TO), and what does it report?

Short answer

AltaGas Ltd., founded in Calgary, Canada, in 1994, operates as a prominent energy infrastructure enterprise across North America. The company's business is structured into two main divisions: Utilities and Midstream. AltaGas Ltd. (ALA.TO) is classified as Utilities / Regulated Gas. Headquarters: 707 5th Street SW, Calgary, AB, T2P 1V8, CA. It employs 2,853 people and is led by Vernon D. Yu. In Q2 FY2026 it reported revenue of $2.51B and net income of $206M. The market values it at $12.5B.

2 · Latest results

What do the latest results show for AltaGas (ALA.TO)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.51B. Against analyst estimates the company has EPS beat 6 of 8 reports.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$3.75B Jul 30, 2026
Latest report · revenue estimate
$2.74B Jul 30, 2026
Latest report · revenue vs estimate
Above estimate Jul 30, 2026
Latest report · EPS vs estimate
Above estimate Jul 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 30, 2026$3.75B$2.74B$0.3063$0.2172
Apr 30, 2026$3.88B$4.13B$1.3000$1.2100
Mar 6, 2026$3.29B$3.54B$0.7700$0.7600
Oct 30, 2025$2.64B$3.43B−$0.0568$0.7730

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from CAD)
PeriodRevenueNet incomeEPS
Q2 FY2026$2.51B$206M$0.65 (diluted)
Q1 FY2026$3.05B$106M$0.33 (diluted)
Q4 FY2025$2.32B$147M$0.47 (diluted)
Q3 FY2025$1.87B-$12M-$0.06 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for AltaGas (ALA.TO)?

Short answer

The distress and quality screens read Altman Z 1.20 · Piotroski F 5. Trailing ratios: ROE 7.0% · ROA 2.3% · current ratio 0.86 · earnings yield 3.6% · free-cash-flow yield -2.4%.

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 1.20 sits in the distress zone (elevated bankruptcy risk).
  • Rich valuation — a P/E of 28.10 runs well above the Utilities sector’s ~18.90x, leaving little room for a miss.
4 · What to check next?

What should you watch next at AltaGas (ALA.TO)?

Short answer · as of

The next earnings report is expected on Oct 29, 2026.

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. With the increase and shape of our 2026 capital program and considering the seasonality of our business, we expect our leverage metric to trend towards the midpoint of our 4.5 to 5x target range as we progress through the year.

    Sean Brown ·

What the records here don't tell us

  • Detailed statement figures are not shown because their conversion to USD has not been verified.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

What Investors Ask About AltaGas (ALA.TO) — Utilities

These answers are editorial: 1 of these 8 answers is drawn from the ALA.TO research dossier (written May 31, 2026 by gemini-2.0-flash); the other 7 are question templates that restate figures shown above. Figures in this section are not part of the source register.

Is ALA.TO a good stock to buy?

Stock Expert AI does not rate ALA.TO buy, sell or hold. AltaGas Ltd. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns and what the price assumes. This is educational content, not investment advice.

What is the ALA.TO stock price today?

The last price recorded on this page for AltaGas Ltd. (ALA.TO) is $56.53, as of the Oct 16, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What are the main risks for ALA.TO?

The main risks for AltaGas Ltd. include exposure to commodity price volatility, particularly in the Midstream segment. Regulatory changes affecting utility rates and infrastructure development also pose a risk.

What are the key factors to evaluate for ALA.TO?

Evaluate ALA.TO on fundamentals, analyst consensus, and risk factors. P/E: 28.10x. Not financial advice.

How frequently does ALA.TO data refresh on this page?

ALA.TO's price is the last quote we recorded, from the Oct 16, 2026 trading session. Pages are served from a cache, so the copy you are reading can lag that quote. The quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 is recalculated from the most recent completed US trading session; the score's own date shows its last successful run.

What has driven ALA.TO's recent stock price performance?

AltaGas Ltd. (ALA.TO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified energy infrastructure assets. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider ALA.TO overvalued or undervalued right now?

AltaGas Ltd. (ALA.TO) trades at 28.10x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

How do I research ALA.TO before investing?

Before investing in AltaGas Ltd. (ALA.TO), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated May 31, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (42 figures)

The 42 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsSean Brown (Jul 30, 2026): With the increase and shape of our 2026 capital program and considering the seasonality of our business, we expect our leverage metric to trend towards the midpoint of our 4.5 to 5x target range as we progress through the year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

FMP — 31 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$56.53FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-17T14:24:44.404Z.
px.changeChange on the day+2.30%FMPFinancial Modeling Prep (FMP) · quote
earn.nextNext earnings dateOct 29, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
id.business_summaryBusiness description (FMP excerpt)AltaGas Ltd., founded in Calgary, Canada, in 1994, operates as a prominent energy infrastructure enterprise across North America. The company's business is structured into two main divisions: Utilities and Midstream.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars+$1.27FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)28.10FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day567.0KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.48FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Utilities / Regulated GasFMPFinancial Modeling Prep (FMP) company profile
id.hqHeadquarters707 5th Street SW, Calgary, AB, T2P 1V8, CAFMPFinancial Modeling Prep (FMP) company profile
id.employeesEmployees2,853FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveVernon D. YuFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_revenueRevenue, Q2 FY2026$2.51BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q2 FY2026$206MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-07-30.revenue_actualRevenue · reported — report date 2026-07-30$3.75BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.revenue_estimatedRevenue · estimate — report date 2026-07-30$2.74BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_actualEPS · reported — report date 2026-07-30$0.3063Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_estimatedEPS · estimate — report date 2026-07-30$0.2172Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.revenue_actualRevenue · reported — report date 2026-04-30$3.88BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.revenue_estimatedRevenue · estimate — report date 2026-04-30$4.13BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.eps_actualEPS · reported — report date 2026-04-30$1.3000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.eps_estimatedEPS · estimate — report date 2026-04-30$1.2100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-06.revenue_actualRevenue · reported — report date 2026-03-06$3.29BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-06.revenue_estimatedRevenue · estimate — report date 2026-03-06$3.54BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-06.eps_actualEPS · reported — report date 2026-03-06$0.7700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-06.eps_estimatedEPS · estimate — report date 2026-03-06$0.7600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_actualRevenue · reported — report date 2025-10-30$2.64BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_estimatedRevenue · estimate — report date 2025-10-30$3.43BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_actualEPS · reported — report date 2025-10-30−$0.0568Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_estimatedEPS · estimate — report date 2025-10-30$0.7730Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed

UNRECORDED — 5 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.mcapMarket capitalisation$12.5B—UNRECORDEDStored market cap — source not recorded — Date unknown Market cap source date is not recorded. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.range5252-week range$39.45 – $57.52UNRECORDEDStored company-profile observation — Captured 2026-10-17
earn.historyReported versus estimated, recent quartersEPS beat 6 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-17
fin.scoresDistress and quality screensAltman Z 1.20 · Piotroski F 5UNRECORDEDStored financial-scores observation — Captured 2026-10-16 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 7.0% · ROA 2.3% · current ratio 0.86 · earnings yield 3.6% · free-cash-flow yield -2.4%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 4 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$1.32COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-17, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months2.33%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($3.75B) with the recorded estimate ($2.74B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-30.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.3063) with the recorded estimate ($0.2172) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 1 fact from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
gap.statement_currencyStatement currency limitationDetailed statement figures are not shown because their conversion to USD has not been verified.OURSStock Expert AI currency-basis check

Fact-family notes

  1. Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-30.revenue_actual, earn.history.depth.2026-07-30.revenue_estimated, earn.history.depth.2026-07-30.revenue_actual.comparison, earn.history.depth.2026-07-30.eps_actual.comparison, earn.history.depth.2026-07-30.eps_actual, earn.history.depth.2026-07-30.eps_estimated, earn.history.depth.2026-04-30.revenue_actual, earn.history.depth.2026-04-30.revenue_estimated, earn.history.depth.2026-04-30.eps_actual, earn.history.depth.2026-04-30.eps_estimated, earn.history.depth.2026-03-06.revenue_actual, earn.history.depth.2026-03-06.revenue_estimated, earn.history.depth.2026-03-06.eps_actual, earn.history.depth.2026-03-06.eps_estimated, earn.history.depth.2025-10-30.revenue_actual, earn.history.depth.2025-10-30.revenue_estimated, earn.history.depth.2025-10-30.eps_actual, earn.history.depth.2025-10-30.eps_estimated.
Published
Research standards
Methodology · Editorial policy · Corrections
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.