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AltaGas (ALA) Competitors

C$30.75
+0.53 (+1.75%)
(As of 05/31/2024 ET)

ALA vs. PPL, KEY, GEI, TPZ, KML, TWM, ENB, TRP, CCO, and TOU

Should you be buying AltaGas stock or one of its competitors? The main competitors of AltaGas include Pembina Pipeline (PPL), Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (TWM), Enbridge (ENB), TC Energy (TRP), Cameco (CCO), and Tourmaline Oil (TOU).

AltaGas vs.

AltaGas (TSE:ALA) and Pembina Pipeline (TSE:PPL) are both energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their media sentiment, community ranking, risk, analyst recommendations, valuation, institutional ownership, profitability, earnings and dividends.

AltaGas currently has a consensus target price of C$35.00, suggesting a potential upside of 13.82%. Pembina Pipeline has a consensus target price of C$54.25, suggesting a potential upside of 7.15%. Given AltaGas' stronger consensus rating and higher probable upside, analysts plainly believe AltaGas is more favorable than Pembina Pipeline.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AltaGas
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00
Pembina Pipeline
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

Pembina Pipeline received 107 more outperform votes than AltaGas when rated by MarketBeat users. However, 63.05% of users gave AltaGas an outperform vote while only 62.09% of users gave Pembina Pipeline an outperform vote.

CompanyUnderperformOutperform
AltaGasOutperform Votes
558
63.05%
Underperform Votes
327
36.95%
Pembina PipelineOutperform Votes
665
62.09%
Underperform Votes
406
37.91%

AltaGas has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500. Comparatively, Pembina Pipeline has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500.

Pembina Pipeline has lower revenue, but higher earnings than AltaGas. AltaGas is trading at a lower price-to-earnings ratio than Pembina Pipeline, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AltaGasC$12.60B0.72C$604MC$2.0614.93
Pembina PipelineC$9.05B3.24C$1.71BC$3.1116.28

34.1% of AltaGas shares are held by institutional investors. Comparatively, 60.2% of Pembina Pipeline shares are held by institutional investors. 0.6% of AltaGas shares are held by company insiders. Comparatively, 0.0% of Pembina Pipeline shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, AltaGas had 8 more articles in the media than Pembina Pipeline. MarketBeat recorded 13 mentions for AltaGas and 5 mentions for Pembina Pipeline. Pembina Pipeline's average media sentiment score of 0.91 beat AltaGas' score of 0.57 indicating that Pembina Pipeline is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AltaGas
0 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Pembina Pipeline
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Pembina Pipeline has a net margin of 20.39% compared to AltaGas' net margin of 5.03%. Pembina Pipeline's return on equity of 11.65% beat AltaGas' return on equity.

Company Net Margins Return on Equity Return on Assets
AltaGas5.03% 7.93% 3.16%
Pembina Pipeline 20.39%11.65%4.06%

AltaGas pays an annual dividend of C$1.19 per share and has a dividend yield of 3.9%. Pembina Pipeline pays an annual dividend of C$2.76 per share and has a dividend yield of 5.5%. AltaGas pays out 57.8% of its earnings in the form of a dividend. Pembina Pipeline pays out 88.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Pembina Pipeline beats AltaGas on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALA vs. The Competition

MetricAltaGasOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$9.11BC$26.85BC$4.27BC$5.46B
Dividend Yield3.88%6.02%6.59%5.58%
P/E Ratio14.9310.66211.7220.83
Price / Sales0.722.7328,503.512,548.93
Price / Cash52.24109.0969.9179.75
Price / Book1.152.201.653.54
Net IncomeC$604MC$1.35BC$450.84MC$287.78M
7 Day Performance1.25%0.92%1.16%-0.16%
1 Month Performance1.15%2.28%3.82%2.59%
1 Year Performance26.65%9.35%22.28%29.08%

AltaGas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PPL
Pembina Pipeline
2.5221 of 5 stars
C$50.63
+2.1%
C$54.25
+7.1%
+22.0%C$29.34BC$9.05B16.282,349Positive News
KEY
Keyera
1.671 of 5 stars
C$36.09
+1.2%
C$38.18
+5.8%
+17.8%C$8.27BC$6.78B23.131,005Dividend Announcement
Analyst Forecast
GEI
Gibson Energy
2.2519 of 5 stars
C$22.78
+1.1%
C$25.63
+12.5%
+5.1%C$3.70BC$11.94B21.70460News Coverage
Positive News
TPZ
Topaz Energy
2.5846 of 5 stars
C$22.92
+1.7%
C$26.88
+17.3%
+10.3%C$3.32BC$321.45M71.638
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.9447 of 5 stars
C$0.62
+1.6%
C$0.99
+59.9%
-27.9%C$265.98MC$2.03B-0.68392Gap Down
ENB
Enbridge
2.1988 of 5 stars
C$49.83
+1.9%
C$53.56
+7.5%
+2.3%C$106.14BC$42.61B18.8811,500
TRP
TC Energy
2.0038 of 5 stars
C$52.56
+1.4%
C$54.50
+3.7%
-2.2%C$54.66BC$16.25B20.227,000
CCO
Cameco
0.6948 of 5 stars
C$75.63
+0.9%
C$76.78
+1.5%
+85.5%C$32.87BC$2.53B140.064,800Analyst Forecast
Insider Selling
News Coverage
High Trading Volume
TOU
Tourmaline Oil
3.5186 of 5 stars
C$67.61
+1.3%
C$78.38
+15.9%
+19.1%C$23.78BC$4.84B13.55389Insider Buying
News Coverage
Positive News

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This page (TSE:ALA) was last updated on 6/2/2024 by MarketBeat.com Staff

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