AltaGas (ATGFF) to Post Quarterly Earnings on Thursday

AltaGas (OTCMKTS:ATGFF) is anticipated to announce its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.1548 per share and revenue of $1.9304 billion for the quarter.

AltaGas Stock Performance

AltaGas stock opened at $39.71 on Tuesday. The company’s 50-day moving average price is $38.73 and its 200-day moving average price is $35.56. AltaGas has a twelve month low of $27.32 and a twelve month high of $40.62.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ATGFF shares. Scotiabank reaffirmed an “outperform” rating on shares of AltaGas in a report on Tuesday, July 21st. TD Securities reissued a “buy” rating on shares of AltaGas in a research note on Friday, May 1st. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of AltaGas in a research report on Tuesday, May 26th. BMO Capital Markets reaffirmed an “outperform” rating on shares of AltaGas in a research note on Friday, May 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

AltaGas Company Profile

AltaGas Ltd. is a North American energy infrastructure company engaged in the ownership, operation and development of diversified assets across natural gas, natural gas liquids (NGL), electricity and utility businesses. Its midstream operations include gathering, processing, and transporting natural gas, as well as fractionation and storage of NGLs. In the power segment, AltaGas develops and operates natural gas‐fired power plants and small hydroelectric facilities, providing reliable electricity to regional markets.