More stocks to consider
Alternative stocks to AltaGas (TSX:ALA)
These are the alternatives to AltaGas that fall within the same industry, Gas Utilities, or region, Canada.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
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.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See AltaGas Performance
AltaGas stock research in summary
altagas.ca
AltaGas shares have a market-typical stock price level. While they show above average growth, they are poor value, and 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.
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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. UGI (XL, US) Gas Utilities
|
|
1. UGI (XL, US) Gas Utilities
|
91
|
|
89
|
|
69
|
|
100
|
|
|
2. Hawaiian Electric Industries (XL, US) Electric Utilities
|
|
2. Hawaiian Electric Industries (XL, US) Electric Utilities
|
75
|
|
47
|
|
90
|
|
90
|
|
|
3. PPL (XL, US) Electric Utilities
|
|
3. PPL (XL, US) Electric Utilities
|
35
|
|
79
|
|
87
|
|
89
|
|
|
4. Atmos Energy (XL, US) Gas Utilities
|
|
4. Atmos Energy (XL, US) Gas Utilities
|
7
|
|
95
|
|
97
|
|
85
|
|
|
5. Consolidated Edison (XXL, US) Multi-Utilities
|
|
5. Consolidated Edison (XXL, US) Multi-Utilities
|
45
|
|
59
|
|
90
|
|
84
|
|
|
6. ATCO (XL, CA) Multi-Utilities
|
|
6. ATCO (XL, CA) Multi-Utilities
|
100
|
|
13
|
|
75
|
|
81
|
|
|
7. Evergy (XL, US) Electric Utilities
|
|
7. Evergy (XL, US) Electric Utilities
|
64
|
|
85
|
|
38
|
|
80
|
|
|
8. Brookfield Renewable (XL, CA) Renewable Electricity
|
|
8. Brookfield Renewable (XL, CA) Renewable Electricity
|
65
|
|
97
|
|
30
|
|
78
|
|
|
9. Capital Power (XL, CA) Power Producers & Traders
|
|
9. Capital Power (XL, CA) Power Producers & Traders
|
72
|
|
13
|
|
99
|
|
78
|
|
|
10. Fortis (XL, CA) Electric Utilities
|
|
10. Fortis (XL, CA) Electric Utilities
|
71
|
|
39
|
|
74
|
|
76
|
|
April 3, 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. West Fraser (XL, CA) Forest Products
|
|
1. West Fraser (XL, CA) Forest Products
|
76
|
|
97
|
|
94
|
|
100
|
|
|
2. Russel Metals (XL, CA) Trading & Distribution
|
|
2. Russel Metals (XL, CA) Trading & Distribution
|
91
|
|
73
|
|
88
|
|
98
|
|
|
3. Colliers International Group (XL, CA) Real Estate Services
|
|
3. Colliers International Group (XL, CA) Real Estate Services
|
80
|
|
58
|
|
83
|
|
97
|
|
|
4. Fairfax (XXL, CA) Property & Casualty Insurance
|
|
4. Fairfax (XXL, CA) Property & Casualty Insurance
|
77
|
|
59
|
|
65
|
|
96
|
|
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
83
|
|
49
|
|
96
|
|
96
|
|
|
6. Methanex (XL, CA) Commodity Chemicals
|
|
6. Methanex (XL, CA) Commodity Chemicals
|
98
|
|
35
|
|
69
|
|
96
|
|
|
7. Celestica (XL, CA) Electr. Manufacturing Services
|
|
7. Celestica (XL, CA) Electr. Manufacturing Services
|
51
|
|
81
|
|
83
|
|
95
|
|
|
8. Barrick Gold (XL, CA) Gold Production
|
|
8. Barrick Gold (XL, CA) Gold Production
|
80
|
|
75
|
|
67
|
|
92
|
|
|
9. Manulife Financial (XXL, CA) Life & Health Insurance
|
|
9. Manulife Financial (XXL, CA) Life & Health Insurance
|
47
|
|
53
|
|
100
|
|
91
|
|
|
10. Parkland Fuel (XXL, CA) Oil & Gas Refining
|
|
10. Parkland Fuel (XXL, CA) Oil & Gas Refining
|
85
|
|
67
|
|
51
|
|
91
|
|
April 3, 2025
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Mid sized companies - similar industry as AltaGas
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. IDACORP (L, US) Electric Utilities
|
|
1. IDACORP (L, US) Electric Utilities
|
39
|
|
97
|
|
88
|
|
100
|
|
|
2. National Fuel Gas (L, US) Gas Utilities
|
|
2. National Fuel Gas (L, US) Gas Utilities
|
53
|
|
100
|
|
79
|
|
99
|
|
|
3. Clearway Energy (L, US) Renewable Electricity
|
|
3. Clearway Energy (L, US) Renewable Electricity
|
57
|
|
91
|
|
66
|
|
98
|
|
|
4. Avista (L, US) Multi-Utilities
|
|
4. Avista (L, US) Multi-Utilities
|
83
|
|
75
|
|
66
|
|
98
|
|
|
5. Portland General Electric (L, US) Electric Utilities
|
|
5. Portland General Electric (L, US) Electric Utilities
|
93
|
|
33
|
|
85
|
|
96
|
|
|
6. ALLETE (L, US) Electric Utilities
|
|
6. ALLETE (L, US) Electric Utilities
|
73
|
|
57
|
|
80
|
|
94
|
|
|
7. Black Hills (L, US) Multi-Utilities
|
|
7. Black Hills (L, US) Multi-Utilities
|
86
|
|
37
|
|
84
|
|
92
|
|
|
8. NW Natural (L, US) Gas Utilities
|
|
8. NW Natural (L, US) Gas Utilities
|
86
|
|
77
|
|
45
|
|
91
|
|
|
9. Northland (L, CA) Renewable Electricity
|
|
9. Northland (L, CA) Renewable Electricity
|
97
|
|
41
|
|
65
|
|
85
|
|
|
10. Canadian Utilities (L, CA) Multi-Utilities
|
|
10. Canadian Utilities (L, CA) Multi-Utilities
|
97
|
|
39
|
|
55
|
|
83
|
|
April 3, 2025
Mid sized companies - similar region as AltaGas
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Jamieson Wellness (M, CA) Personal Products
|
|
1. Jamieson Wellness (M, CA) Personal Products
|
88
|
|
83
|
|
57
|
|
100
|
|
|
2. Magellan Aerospace (M, CA) Aerospace & Defense
|
|
2. Magellan Aerospace (M, CA) Aerospace & Defense
|
91
|
|
95
|
|
98
|
|
100
|
|
|
3. IGM Financial (L, CA) Asset Management & Custody
|
|
3. IGM Financial (L, CA) Asset Management & Custody
|
93
|
|
61
|
|
63
|
|
100
|
|
|
4. Exchange Income (L, CA) Airlines
|
|
4. Exchange Income (L, CA) Airlines
|
74
|
|
100
|
|
57
|
|
100
|
|
|
5. SSR Mining (L, CA) Gold Production
|
|
5. SSR Mining (L, CA) Gold Production
|
96
|
|
100
|
|
88
|
|
100
|
|
|
6. Paramount (L, CA) Oil & Gas Production
|
|
6. Paramount (L, CA) Oil & Gas Production
|
96
|
|
46
|
|
100
|
|
100
|
|
|
7. Lightspeed Commerce (L, CA) Application Software
|
|
7. Lightspeed Commerce (L, CA) Application Software
|
76
|
|
89
|
|
74
|
|
98
|
|
|
8. The North West (L, CA) Food Retail
|
|
8. The North West (L, CA) Food Retail
|
75
|
|
87
|
|
69
|
|
98
|
|
|
9. Kelt Exploration (M, CA) Oil & Gas Production
|
|
9. Kelt Exploration (M, CA) Oil & Gas Production
|
52
|
|
84
|
|
84
|
|
98
|
|
|
10. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
|
10. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
96
|
|
41
|
|
75
|
|
96
|
|
April 3, 2025
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