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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 30, 2021 1:38pm
196 Views
Post# 33102218

Already looking at the Q2 2021 resullts

Already looking at the Q2 2021 resulltsNormalized EBITDA $ 206 M 
Net income $ 21M

A note to show that the Q2 will be interesting
-EBITDA from Ferdale: 6 shipments at $ 5M or $ 30 M
-Ebitda from Petrogas 20% without Ferndale.....$ 15M
...................................................................Total    $ 45 M

We may already see that Q2 EBITDA will be $ 251 M or 22 % higher
and net income may be double .
So Mr Market and analysts are taking note and Petrogas acquisition 
is delivering better results than anticipated !
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