Bullboard - Stock Discussion Forum 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... see more

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AltaGas Ltd > Highlights from RIPET in 2020

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Post by bossu on Jan 18, 2021 8:47pm

Highlights from RIPET in 2020

Total shippement from RIPET
2019...........to Dec 31 2019 648 569 Tons
2020...........to Dec 31 2020 1 159 207 Tons

Increase shippement from 2019 79 %

Outstanding result ;
Last month 134 474 tons
Probably 44 700 bar/day in the last quarter

Only unknown number: Hedging and selling price in Japan

ALA is headind in the good direction at Ripet.

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Comment by FreddieMac on Jan 18, 2021 9:07pm

Hi Bossu, So you do realize that 2019 was a partial year, right ? RIPET's first tanker departed in May 2019 (see quote from news service below). So if you do the math (using 8 months of revenue in 2019, since they can start counting revenue as they are loading the tanker ship), the revenue amount for 2019 is PROPORTIONATELY SLIGHTLY LESS as it was in 2020. ...more

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