RE:RE:RE:RE:RE:RE:Divvy cut in halfWe currently have a surplus of power generation in alberta, so it is unlikely we will see any new major projects on that front. Transalta however has announced that they are building a pipeline from tidewater's brazeau plant up to the keephills and sundance facilities to ultimately convert them from coal to gas. ATCO's facilities sit on top of the nova pipeline, so there may be opportunity there. Once those are converted, the majority of electricity in AB will come from natural gas, and that will surely steady prices a little. Currently there is 7555 MW installed for NG and cogen facilities, and 6003 MW from coal which is on the decline. For fun wind has 1445 MW (although it's only producing 31 MW as a write this), Hydro is at 984, and other biomass etc is at 449... Solar has 15.
https://www.auc.ab.ca/market-oversight/Annual-Electricity-Data-Collection/Documents/2017/Installed%20Capacity.pdf
ets.aeso.ca
That aside, there are a lot of other facilities coming up that use NG as a feed stock, including gas to liquids facilities, petrochemical/plastics plants, and propane dehydrogenation facilities.
They also sit close to the Alliance line, so they may be able to tap into that at some point.
With them being one of the lowest cost producers in AB, i'm sure they will be welcomed at the table by many industries partners to supply gas, and will likely win due to their lower costs, and available reserves. The pipelines they just built between some of their facilities for NGL's will also pay dividends by basically eliminating the need for trucking. This stock in time will do well, there's no doubt. I might pick away at it some more down here while the gettin is good.