WGL Holdings (Washington Gas) on Yahoo Finance

WGL Holdings, now a subsidiary of AltaGas Ltd., was a prominent energy infrastructure company in the United States, primarily known for its Washington Gas utility. While WGL as an independent publicly traded entity (under the ticker symbol ‘WGL’) no longer exists on the NYSE due to the AltaGas acquisition, its historical data and the ongoing performance of Washington Gas remain relevant and can be partially tracked through AltaGas’s financial reporting and industry news. Yahoo Finance provides historical stock data for WGL before its acquisition, offering insights into its past financial performance.

Historical Stock Data on Yahoo Finance

Searching “WGL” on Yahoo Finance will primarily yield historical stock data. This includes:

• Historical Prices: Daily, weekly, and monthly price charts showing WGL’s stock performance over various periods. Analysts and investors can use this data to analyze trends, volatility, and historical trading volumes.
• Basic Information: Information like the stock’s closing price on its last trading day, its market capitalization before acquisition, and its price-earnings (P/E) ratio at the time.
• Key Statistics: Financial highlights, such as revenue, earnings per share (EPS), and dividend yield, as reported prior to the acquisition. This information allows for a retrospective analysis of WGL’s financial health.
• Analyst Coverage: Summaries of analyst ratings and price targets for WGL before the acquisition. While outdated, they provide insight into the investment community’s sentiment towards the company at the time.

Beyond Historical Data

While direct financial information on WGL as a separate entity is limited after the acquisition, understanding its present-day operation as Washington Gas is still feasible. Consider these approaches:

• AltaGas Ltd. (ALA.TO or ALGGF): AltaGas, the parent company, is publicly traded. Examining AltaGas’s financial reports, investor presentations, and press releases will shed light on the performance of its utilities segment, including Washington Gas. Look for mentions of Washington Gas’s contributions to AltaGas’s overall revenue and profitability.
• Industry News: Stay updated on industry news and reports concerning natural gas utilities in the Washington D.C. metropolitan area. Search for news articles specifically mentioning Washington Gas, its infrastructure projects, regulatory developments, and any challenges or opportunities it faces.
• Regulatory Filings: Washington Gas is subject to regulatory oversight. Publicly available filings with regulatory bodies, such as the Public Service Commission of the District of Columbia, can provide insights into its operational performance, capital expenditures, and rate cases.

Limitations

It is crucial to remember that the WGL stock information on Yahoo Finance is historical and does not reflect the current financial performance of Washington Gas as a distinct entity. Analyzing AltaGas’s financial reports and staying updated on industry news are necessary to gain a comprehensive understanding of Washington Gas’s current operations and financial health.