(ALA) AltaGas - Ratings and Ratios

Alta Gas Ltd (TO:ALA) stands as a pivotal player in North Americas energy infrastructure landscape, operating through two distinct segments: Utilities and Midstream. This dual structure positions the company to capitalize on both stable, regulated markets and growth opportunities in the energy value chain.

The Utilities segment is a cornerstone of Alta Gas, providing natural gas distribution and storage services across Maryland, Virginia, Pennsylvania, Ohio, and the District of Columbia, serving approximately 1.6 million customers. This segments stability is underpinned by its regulated nature, offering predictable cash flows. Additionally, the segments interstate transportation and storage services enhance its strategic importance in the regional energy ecosystem.

The Midstream segment showcases Alta Gass operational prowess, with a capacity to process 1.2 billion cubic feet per day (Bcf/d) of natural gas. This includes gathering, processing, and fractionation, complemented by a robust liquids handling business. The segments capabilities extend to marketing natural gas and liquids, LPG distribution, and logistics, supported by trucking, rail terminals, and liquid storage facilities. This comprehensive approach underscores the companys role as a key midstream operator.

Alta Gass strategic diversification is evident in its 508 MW gas-fired power generation assets in California, aligning with the states energy demands and market dynamics. This positions the company to leverage opportunities in power generation, enhancing its revenue streams and operational flexibility.

Founded in 1994 and headquartered in Calgary, Canada, Alta Gass extensive operational footprint is supported by a market capitalization of 10,556.44M CAD. Key financial metrics include a P/E ratio of 20.34, a forward P/E of 15.27, a P/B ratio of 1.32, and a P/S ratio of 0.81, providing insights into its valuation and operational efficiency. These figures are crucial for investors assessing the companys growth potential and financial health.

For more detailed information, visit their website at https://www.altagas.ca.