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 > However on a six month...

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Comment by GunnerGon Jul 13, 2021 11:33am

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Post# 33535811

RE:RE:RE:However on a six month...

OYE

bossu wrote: Of course EBITDA for the Q2 2021 will be higher than last year and Petrogas acquisition is a big factor.
However on the gas purchase,we know that they are buying Natural gas from Birchciff :
From a note of Birchliff received in May:
«We process roughly 30% of our gas through the AltaGas plant at Gordondale...»
In a way we know that Birchcliff has not hedge any of it's production and Randy is saying that he has bought forward 6 to 12 months (?) the production of the gas price .So surely not the 30% coming from Birchliff.
Just to say higher gas price could have an effect on EBITDA .LPG gas in Japan has increase and it's good for ALA.
So overall ,quite difficult to estimate the EBITDA variation because of the increase in the natural gas price in the Q2 and the rest of 2021.