AltaGas Ltd T.ALA

Pronane Pricing/ Far East/ Edmonton in $ US

[bossu]

With the information given by rfgugsd 
-FEI (Far East ) propane price Strong at 520 $ US/ton---» $ 658/ton 
-Edmonton ..........................................at 280 $ US/ton.-- »$ 352/ton 


Just want to add that  Altagas EBITDA number per ton in 2020 was $ CN 102,60 /ton average 
Seems to me, that using the Edmonton pricing plus tranportation cost to Japan give an EBITDA of $ 102 60 / ton give a rather low figure.
Using ''rfgugsd'' number or 4138858 barels or 331108 tons will generate an Ebitda of $ 33 968 M based on the average 2020 pricing
In the Q1 2020 Total Ebitda was $ 27 M so about $ 7M more.
But hedging make a difference and  the number $ 102.60 is the average for the year 2020 and could be better/worst in the futur.
As an example 
Q3 2020 was $   79,31   ($ 23 M total)
Q4 2020 was $ 124,02   ($ 38 M total)

Just to say that using the Q4 2020 number would give an Ebitda of  $ 41 M or $ 14 M  more and not $ 34 M 
Finally the number might be between $ 34 and $ 41 or $ 37 500 M .
:Ebitda number for the Q1 2021 will be stronger than last year and positive on the total 2021 bugeted number.

[rfguysd]

Bossu:  Are you including Ferndale in these numbers?   Ferndale would be exclude in the 2020 numbers  (since Ferndale was Petrogas operated )  and  then it would jump to 76% in Q1-2021 (Altagas's share of Ferndale). How  do include ALtagas increasing FERNDALE's increasing export numbers?   and optimization of costs  associated with shipment

[bossu]

rfguy, Number I'm taking about is for RIPET only and the shipement this quarter is  about 10 % better than the Q1 2020. Note i will give you the exact number afert receiving Prince Rupert Port numbers soon to be published. Example last year Ebitda was $ 118 M for 27 shippent or $ 4,3 M per trip. So quite easy to calculate .Not necessary to have the exact number because Ebitda nmber have