AltaGas (ATGFF) Projected to Post Earnings on Thursday

AltaGas (OTCMKTS:ATGFF) will likely be announcing its resultson Thursday, July 30th. Analysts expect AltaGas to post earnings of $0.1568 per share and revenue of $1.9304 billion for the quarter.

AltaGas Stock Performance

Shares of ATGFF stock opened at $39.87 on Thursday. AltaGas has a 52 week low of $27.32 and a 52 week high of $40.17. The company’s 50 day moving average price is $38.63 and its two-hundred day moving average price is $35.35.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of AltaGas in a research report on Friday, May 1st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of AltaGas in a research report on Tuesday, May 26th. Scotiabank reaffirmed an “outperform” rating on shares of AltaGas in a research note on Tuesday. BMO Capital Markets reiterated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Finally, TD Securities reissued a “buy” rating on shares of AltaGas in a research note on Friday, May 1st. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, AltaGas currently has an average 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.