- AltaGas’ 4th quarter normalized EBITDA reached C$520 million, marking a 3.6% increase compared to the previous year, and slightly surpassing the estimate of C$516.9 million.
- The company reported a revenue of C$3.26 billion, which represents a 0.9% decline year-over-year, but still exceeded the estimate of C$3.05 billion.
- Normalized net income was C$227 million, increasing by 6.1% from the previous year and above the estimate of C$212.3 million.
- AltaGas showed significant improvement in cash flow from operations, recording C$508 million compared to C$154 million in the previous year, and far surpassing the estimate of C$258.2 million.
- The company has had a promising start to the year and maintains its full-year 2025 guidance, expecting a normalized EBITDA between $1,775 million and $1,875 million, and a normalized net income per share ranging from $2.10 to $2.30.
- Despite warmer weather conditions in Washington D.C. and Michigan, the Utilities segment performed robustly, achieving a 14% year-over-year increase in normalized EBITDA.
- Market analysts suggest 7 buy recommendations for the company’s stock, along with 2 holds and 1 sell.
A look at AltaGas Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AltaGas Ltd. is positioned favorably for long-term growth based on the Smartkarma Smart Scores. With a strong focus on value and momentum, the company is poised for a promising outlook. Its robust performance in these areas indicates a solid foundation for future success.
Although facing some challenges in resilience and growth, AltaGas Ltd.’s overall score reflects a positive sentiment towards its potential. The company’s presence in producing, transmitting, distributing, and storing natural gas, along with its electricity generation operations, positions it well in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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