ATGFF (AltaGas) 1-Year Share Buyback Ratio : -1.00% (As of Dec. 2024 )

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What is AltaGas 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. AltaGas's current 1-Year Share Buyback Ratio was -1.00%.

ATGFF's 1-Year Share Buyback Ratio is ranked better than
53.16% of 602 companies
in the Oil & Gas industry
Industry Median: -1.5 vs ATGFF: -1.00

Competitive Comparison of AltaGas's 1-Year Share Buyback Ratio

For the Oil & Gas Midstream subindustry, AltaGas's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AltaGas's 1-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AltaGas's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where AltaGas's 1-Year Share Buyback Ratio falls into.

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AltaGas 1-Year Share Buyback Ratio Calculation

AltaGas's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(294.904	-	297.925)	/	294.904
	=	-1.0%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AltaGas (OTCPK:ATGFF) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

AltaGas 1-Year Share Buyback Ratio Related Terms

AltaGas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AltaGas Ltd (OTCPK:ATGFF) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ALA.PR.G.PFD:Canada ALA.PR.B.PFD:Canada ALA.PR.A.PFD:Canada ALA:Canada

Address

707 - 5th Street S.W, Suite 1300, Calgary, AB, CAN, T2P 0Y3

Website

https://www.altagas.ca

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities, and Corporate/other. Midstream business consists of export facilities and locates processing, fractionation, and logistics infrastructure, as well as hydrocarbon storage in North America that connects North American producers from wellhead to offshore export and domestic markets. The utility business is offered through its regulated natural gas utilities - Washington Gas and SEMCO. The business generates revenue from customers in both Canada and the United States, with the majority coming from Canadian customers.