RE:RE:''investors are fleeing....''
bushman33333 wrote: WHY We do not hear any news about WGL, what is the news and the latest???
Because either you don't know what your looking for, or you don't read and research things for yourself.
Utilities are a pretty boring entity: but as per the last report:
AltaGas is maintaining a disciplined and self-funded capital program of $995 million in 2022, excluding Asset Retirement Obligations (ARO). The program is largely weighted towards lower-risk organic growth in the Utilities.
Within the Utilities segment the Company anticipates an eight to ten percent rate base CAGR through 2026. Continued expansion and earnings growth is expected to be underpinned by continuing the financial discipline that has been demonstrated in recent years and modernizing the network to improve safety and reliability, reduce operating costs, drive better stakeholder outcomes and provide optionality for the fuels of the future.
Our Utilities platform provides us with the opportunity to continue to invest in the safety and reliability of our systems while improving the customer value proposition and lowering costs. Investing in Accelerated Replacement Programs ("ARPs") drive our visible and resilient earnings growth, which benefits from our persistent regulatory strategy designed to keep our rates current, combined with acute capital discipline, and our progress toward reducing operating costs and leak rates. These investments provide us with visible, lower-risk growth that should increase our rate base by eight to ten percent per annum through 2026. They will also provide AltaGas the foundation for the delivery of carbon-free solutions in the years ahead.
Approximately 56 percent of 2022 normalized EBITDA is expected to be generated by the Utilities segment, up from 52 percent in 2021. Utilities normalized EBITDA is expected to grow by 10 percent year-over-year driven by: 1) continued rate base growth through a disciplined capital program, including ARP spending; 2) achieving higher returns on equity through a disciplined regulatory strategy and cost management; and 3) continued customer growth.
AltaGas' 2022 capital expenditure plan of approximately $995 million, excluding ARO, is heavily weighted towards the lower-risk Utilities and is comprised primarily of ARP and system betterment projects that are anticipated to deliver stable and transparent rate base growth and strong risk-adjusted returns. The Company is allocating approximately 31 percent of AltaGas' consolidated 2022 capital to ARPs in its Utilities business, representing approximately 40 percent of the total 2022 Utilities capital program.
| Segment | Total Capital | Identified Projects |
| Utilities | 78% | - Accelerated Pipe Replacement Programs
- System Betterment
- New Customer Additions
|
| | |
Reducing Scope 1 and 2 GHG emissions intensity 40 percent by 2030 from a 2019 baseline within the Midstream businesses and for our Utilities business, reducing Washington Gas'Scope 1 and 2 GHG emissions by at least 30 percent by 2030 from a 2008 baseline while targeting to deliver at least 10 percent of fuel from low carbon sources by 2030.
There's not much to discuss, we push gas through pipes, customers pay us, we need to replace pipes to service the customers, every year we charge customers a little more. Hakuna Matata...
All the stuff worth discussing is in the areas of the buisness.