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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Post by bossuon Apr 03, 2021 12:42pm
266 Views
Post# 32933880

ALA Growth since 2018

ALA Growth since 2018Closing WGL acquisition July 3 2018

Numbers since 2018
..................................2018 ...........2019......2020......2021
Top line revenue   $ 4 257 M  $ 5 495 M  $ 5 587  6 400 M (note)
EBITDA...............$ 1 009 M  $ 1 271M$ $ 1 310    1 500 M (Guidance)
..................................23 %........23.%..........23..% .........23
.........
With the Petrogas acquisition that is bugeted to add   $ 225 M to the EBITDA numbers but the top line revenu from Petrogas acquisition is not published !
This look to me that the top line revenu at the end of 2021 will be a 14 % growth in revenue from 2020 This is all accredutuve to Randy and his team!
So grow in the top line and at the end bottom line as per Randy :
«
  • The company has a 2021 normalized EPS (earnings per share) guidance of $1.45 to $1.55 per share, which represents approximately 20 per cent year-over-year growth using midpoint guidance numbers. AltaGas is acutely focused on growing earnings per share and creating earnings durability in the years ahead.
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