skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. ALA: I am thinking about taking a full position in either Altagas or Keyera. [AltaGas Ltd.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am thinking about taking a full position in either Altagas or Keyera. Could you please provide your thoughts on both companies.

Thanks

David

Asked by david on January 08, 2024
5i Research Answer:

ALA is $8.3B market cap, 4.2% dividend, P/E 14.6X. It has cut its dividend in the past. Debt is about 14X cash flow. KEY is $7.2B, 6.3%, P/E 14.9X, debt 5X cash flow. ALA is expected to show higher earnings growth this year. ALA has outperformed recently. We would expect both stocks to do better as interest rates fall. We would lean towards KEY here, for its higher yield and better balance sheet overall. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind