AltaGas Ltd

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AltaGas Ltd (ALA) Price Performance

AltaGas Ltd (ALA) trades on Toronto Stock Exchange in CAD. The company is classified in the Energy sector under the Oil & Gas Midstream industry. The stock currently trades at CAD47.91, down 1.01% from the previous close.

Over the past year, ALA has traded between a low of CAD35.70 and a high of CAD48.44. The stock has gained 25.6% over this period. It is currently 34.2% above its 52-week low.

AltaGas Ltd has a market capitalization of $14.84B, with a price-to-earnings ratio of 19.16 and a dividend yield of 2.66%.

About AltaGas Ltd

AltaGas Ltd. operates as an energy infrastructure company in North America. It operates through the Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, and rate-regulated natural gas distribution and storage utilities for residential and commercial customers. This segment also offers storage facilities and contracts for interstate natural gas transportation and storage services, as well as natural gas and electricity directly to residential, commercial, and industrial customers in Virginia, Maryland, Delaware, Pennsylvania, Ohio, New Jersey, and the District of Columbia. The Midstream segment is involved in the operation of two liquified petroleum gas export terminals; natural gas gathering, processing, and extraction; and fractionation and liquids handling; and natural gas and natural gas liquids marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatts of power in California. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.