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Alternative stocks to AltaGas (TSX:ALA)


These are the alternatives to AltaGas that fall within the same industry, Gas Utilities, or region, Canada.

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Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

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See AltaGas Performance

AltaGas stock research in summary

altagas.ca


AltaGas shares have a market-typical stock price level. They show above average growth and are good value, but are riskily financed. We recommend evaluating whether the future of the company AltaGas is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


Latest Obermatt Ranks


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Country Canada
Industry Gas Utilities
Index
Size class X-Large

Large companies - similar industry as AltaGas

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Fortis (XL, CA)  Electric Utilities
1. Fortis (XL, CA)   Electric Utilities 76 70 82 100
2. ATCO (XL, CA)  Multi-Utilities
2. ATCO (XL, CA)   Multi-Utilities 97 73 81 100
3. PPL (XL, US)  Electric Utilities
3. PPL (XL, US)   Electric Utilities 48 64 94 92
4. Hawaiian Electric Industries (XL, US)  Electric Utilities
4. Hawaiian Electric Industries (XL, US)   Electric Utilities 80 4 90 90
5. Pinnacle West (XL, US)  Electric Utilities
5. Pinnacle West (XL, US)   Electric Utilities 64 82 58 90
6. Entergy (XXL, US)  Electric Utilities
6. Entergy (XXL, US)   Electric Utilities 24 96 54 82
7. Atmos Energy (XL, US)  Gas Utilities
7. Atmos Energy (XL, US)   Gas Utilities 20 86 96 82
8. Vistra Energy (XXL, US)  Power Producers & Traders
8. Vistra Energy (XXL, US)   Power Producers & Traders 18 96 63 80
9. Sempra Energy (XXL, US)  Multi-Utilities
9. Sempra Energy (XXL, US)   Multi-Utilities 30 70 72 74
10. Public Service Enterprise (XL, US)  Multi-Utilities
10. Public Service Enterprise (XL, US)   Multi-Utilities 3 85 85 73

January 2, 2025

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as AltaGas

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ATCO (XL, CA)  Multi-Utilities
1. ATCO (XL, CA)   Multi-Utilities 97 73 81 100
2. Fortis (XL, CA)  Electric Utilities
2. Fortis (XL, CA)   Electric Utilities 76 70 82 100
3. Linamar (XL, CA)  Auto Parts & Equipment
3. Linamar (XL, CA)   Auto Parts & Equipment 85 43 98 100
4. West Fraser (XL, CA)  Forest Products
4. West Fraser (XL, CA)   Forest Products 64 99 68 98
5. Canadian Tire (XXL, CA)  General Merchandise Stores
5. Canadian Tire (XXL, CA)   General Merchandise Stores 87 91 50 98
6. Restaurant Brands International (XL, CA)  Restaurants
6. Restaurant Brands International (XL, CA)   Restaurants 61 87 66 98
7. Fairfax (XXL, CA)  Property & Casualty Insurance
7. Fairfax (XXL, CA)   Property & Casualty Insurance 65 77 65 96
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 84 57 74 92
9. Suncor (XXL, CA)  Oil & Gas Integrated
9. Suncor (XXL, CA)   Oil & Gas Integrated 71 49 85 91
10. Russel Metals (XL, CA)  Trading & Distribution
10. Russel Metals (XL, CA)   Trading & Distribution 89 39 91 91

January 2, 2025


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Mid sized companies - similar industry as AltaGas

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. National Fuel Gas (L, US)  Gas Utilities
1. National Fuel Gas (L, US)   Gas Utilities 69 87 81 100
2. ALLETE (L, US)  Electric Utilities
2. ALLETE (L, US)   Electric Utilities 70 54 96 98
3. Northland (L, CA)  Renewable Electricity
3. Northland (L, CA)   Renewable Electricity 99 58 61 97
4. Canadian Utilities (L, CA)  Multi-Utilities
4. Canadian Utilities (L, CA)   Multi-Utilities 88 52 80 94
5. Aqua America (L, US)  Water Utilities
5. Aqua America (L, US)   Water Utilities 33 87 71 89
6. Portland General Electric (L, US)  Electric Utilities
6. Portland General Electric (L, US)   Electric Utilities 90 44 68 86
7. NextEra Energy Partners (L, US)  Renewable Electricity
7. NextEra Energy Partners (L, US)   Renewable Electricity 100 17 85 83
8. IDACORP (L, US)  Electric Utilities
8. IDACORP (L, US)   Electric Utilities 38 72 88 82
9. OGE Energy (L, US)  Electric Utilities
9. OGE Energy (L, US)   Electric Utilities 46 38 90 80
10. Chesapeake Utilities (M, US)  Gas Utilities
10. Chesapeake Utilities (M, US)   Gas Utilities 10 100 72 80

January 2, 2025


Mid sized companies - similar region as AltaGas

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Onex (L, CA)  Asset Management & Custody
1. Onex (L, CA)   Asset Management & Custody 45 95 88 100
2. Mullen (L, CA)  Trucking
2. Mullen (L, CA)   Trucking 96 76 79 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 85 99 84 100
4. Magellan Aerospace (M, CA)  Aerospace & Defense
4. Magellan Aerospace (M, CA)   Aerospace & Defense 95 73 98 100
5. Whitecap Resources (L, CA)  Oil & Gas Production
5. Whitecap Resources (L, CA)   Oil & Gas Production 94 78 63 98
6. The North West (L, CA)  Food Retail
6. The North West (L, CA)   Food Retail 73 85 76 98
7. Centerra (L, CA)  Gold Production
7. Centerra (L, CA)   Gold Production 96 57 92 98
8. Northland (L, CA)  Renewable Electricity
8. Northland (L, CA)   Renewable Electricity 99 58 61 97
9. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
9. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 97 47 75 96
10. Dundee Precious Metals (M, CA)  Gold Production
10. Dundee Precious Metals (M, CA)   Gold Production 72 67 96 96

January 2, 2025



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