AltaGas Ltd. (T:ALA)
Business Focus: Multiline Utilities
| 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 | |
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