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.

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AltaGas Ltd > FERNDALE EXPORTS

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Post by rfguysdon May 07, 2021 2:57am

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Post# 33150201

FERNDALE EXPORTS

BW Tucana has left the Ferndale port May6th-9am local. It is the 9^th vessel for the year and 3^rd this qtr. There were no delays for either Captain Markos or Tucana . Please note that Ferndale handled 2 ships in 10 days. First time. Congrats.
VLGC Constitution follows Tucana with an expected mooring date May15.

In addition to the export table , I have added a table called the EBITDA. It shows the spread, cost of shipping, cost of operations for the terminal and the ebitda split for the partners.

As per the 1^st qtr press release , the spread has changed for the 2^nd qtr.

FERNDALE Exports

Moored	Depart	Vessel	Volume	MT	Barrels	Days between	Ave Rate
			m³	-40C	-40C	Moorings	Throughput
							bbl/day

17-Jan	21-Jan	Clermont	84000	48138	529201	---
29-Jan	4-Feb	Captain Markos	80700	46247	508411	12
17-Feb	21-Feb	Cratis	84000	48138	529201	19
2-Mar	7-Mar	Clermont	84000	48138	529201	13
16-Mar	20-Mar	Captain Markos	80700	46247	508411	14	35780
29-Mar	1-Apr	Corvette	84000	48138	529201	13	35526
9-Apr	13-Apr	Constitution	84000	48138	529201	11	41098
26-Apr	30-Apr	Captain Markos	80700	46247	508411	17	37731
3-May	6-May	BW Tucana	80700	46247	508411	7	43234
15-May	--	Constitution	84000	48138	529201	12	44154


2021 1st qtr		90 days	497400	285046	3133623		34818
2021 2nd qtr			329400	188770	2075222

FERNDALE EBITDA

Moored	Vessel	Barrels	Spread	Transport	Terminal	Idemitsu	Altagas
		-40C	(C$)	Cost	Cost	Ebitda	Ebitda

17-Jan	Clermont	529201	13,796,258	5,821,206	911,072	1,836,635	5,227,345
29-Jan	Captain Markos	508411	13,254,262	5,592,516	875,280	1,764,481	5,021,985
17-Feb	Cratis	529201	13,796,258	5,821,206	911,072	1,836,635	5,227,345
2-Mar	Clermont	529201	13,796,258	5,821,206	911,072	1,836,635	5,227,345
16-Mar	Captain Markos	508411	13,254,262	5,592,516	875,280	1,764,481	5,021,985
29-Mar	Corvette	529201	13,796,258	5,821,206	911,072	1,836,635	5,227,345
9-Apr	Constitution	529201	12,843,697	5,821,206	911,072	1,588,969	4,522,450
26-Apr	Captain Markos	508411	12,339,123	5,592,516	875,280	1,526,545	4,344,783
3-May	BW Tucana	508411	12,339,123	5,592,516	875,280	1,526,545	4,344,783
15-May	Constitution	529201	12,843,697	5,821,206	911,072	1,588,969	4,522,450



2021 1st qtr		90 days	81,693,555	34,469,854	5,394,846	10,875,502	30,953,353
2021 2nd qtr			50,365,640	22,827,443	3,572,702	6,231,029	17,734,466