Canada markets close in 3 hours 23 minutes

AltaGas Ltd. (ALA.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
16.90-0.32 (-1.86%)
As of 12:36PM EDT. Market open.
Full screen
Previous Close17.22
Open17.16
Bid16.89 x 0
Ask16.91 x 0
Day's Range16.80 - 17.20
52 Week Range8.71 - 22.74
Volume232,553
Avg. Volume689,685
Market Cap4.722B
Beta (5Y Monthly)1.65
PE Ratio (TTM)11.75
EPS (TTM)1.44
Earnings DateOct. 28, 2020 - Nov. 02, 2020
Forward Dividend & Yield0.96 (5.57%)
Ex-Dividend DateOct. 23, 2020
1y Target Est20.00
  • High Dividend Yield Utility Stocks: Where to Invest $1,000 Now?
    The Motley Fool

    High Dividend Yield Utility Stocks: Where to Invest $1,000 Now?

    The dividends of these companies continue to grow with each passing year. The post High Dividend Yield Utility Stocks: Where to Invest $1,000 Now? appeared first on The Motley Fool Canada.

  • The Canadian Press

    AltaGas agrees to pay $715 million to double stake in midstream firm Petrogas

    CALGARY — AltaGas Ltd. says it has agreed to pay $715 million in cash to privately held SAM Holdings Ltd. to double its ownership share in oil and gas liquids handling firm Petrogas Energy Corp. to 74 per cent.Calgary-based AltaGas bought a one-third interest in Petrogas for about $440 million in 2013 as part of a transaction that allowed joint venture partner Tokyo-based Idemitsu Kosan Co., Ltd., to also acquire a one-third share.It says Idemitsu Kosan will own about 26 per cent of Petrogas after the close of the current transaction.AltaGas CEO Randy Crawford says Petrogas's Ferndale propane and butane export terminal in Washington state fits in well with the Ridley Island propane export terminal AltaGas opened in B.C. last year.Crawford added that Petrogas has generated average adjusted earnings of about $186 million per year over the past three years.Petrogas CEO Stan Owerko, who founded the private company 35 years ago, says he will step down when the deal closes, but serve as a consultant over the next 12 to 18 months."I have had the rare privilege of growing Petrogas into one of the largest privately held midstream and logistics companies in North America," Owerko said in a news release."It is a business that I'm proud to have assembled alongside the strong management team and experienced employees that are part of the company, including the approximately 300 employees that are part of the company today. However, it's an appropriate time to have AltaGas and Idemitsu assume full ownership."In addition to the export terminal, Petrogas operates storage terminals, facilities that produce drilling fluids, jet fuel, furnace fuel and heating oil, and trucking and rail divisions.This report by The Canadian Press was first published Oct. 16, 2020.Companies in this story: (TSX:ALA)The Canadian Press

  • 3 Stocks to Make the Perfect Passive-Income Portfolio
    The Motley Fool

    3 Stocks to Make the Perfect Passive-Income Portfolio

    If you're looking for passive income during this downturn, definitely add these three to your watch list!The post 3 Stocks to Make the Perfect Passive-Income Portfolio appeared first on The Motley Fool Canada.