Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

AltaGas Ltd. (T:ALA)

Business Focus: Multiline Utilities

Log in or join to add this stock to your watch list.
Sector:  Utilities Industry:  Multiline Utilities
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1700, 355-4 Avenue Sw
CALGARY AB T2P0J1
Tel: N/A
Website: https://www.altagas.ca
IR: See website
Key People
Pentti O. Karkkainen
Chairman of the Board
Randall L. Crawford
Chief Executive Officer, Director
Phillip R. Knoll
Interim Co-Chief Executive Officer, Director
Timothy William Watson
Chief Financial Officer, Executive Vice President
John D. O'Brien
President, Chief Operating Officer of AltaGas Services (U.S.) Inc.
Corine R.K. Bushfield
Executive Vice President, Chief Administrative Officer
John E. Lowe
Executive Vice President
Randy Warren Toone
Executive Vice President - Commercial and Business Development
Brad B. Grant
Vice President, General Counsel
Business Overview
AltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp. The Power segment includes generation assets located across North America with over 2,000 megawatt (MW) of capacity from over five fuel types, with opportunities to expand in California and across the United States, as well as the opportunity to develop new gas-fired and renewable generation in Alberta to replace coal. The Utilities segment serves over 560,000 customers through ownership of regulated natural gas distribution utilities across North America and a regulated natural gas storage utility in the United States, delivering natural gas to homes and businesses.
Financial Overview
For the three months ended 31 March 2019, Altagas Ltd revenues increased from C$878.4M to C$1.9B. Net income applicable to common stockholders increased from C$48.8M to C$808.5M. Revenues reflect Utility segment increase from C$422.3M to C$1.11B, Power Generation segment increase from C$147.7M to C$359.6M. Net income benefited from Other income (loss) increase from C$5.3M (expense) to C$697.4M (income).
Employees: 2,881 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $16,695M as of Mar 31, 2019
Annual revenue (TTM): $5,276M as of Mar 31, 2019
EBITDA (TTM): $1,123M as of Mar 31, 2019
Net annual income (TTM): $258.00M as of Mar 31, 2019
Free cash flow (TTM): -$1,451M as of Mar 31, 2019
Net Debt Last Fiscal Year: $8,358M as of Mar 31, 2019
Shares outstanding: 275,876,687 as of Apr 10, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization