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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

TSX:ALA - Post Discussion

AltaGas Ltd > Already looking at the Q2 2021 resullts
View:
Post by bossu on Apr 30, 2021 1:38pm

Already looking at the Q2 2021 resullts

Normalized 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 !
Comment by GunnerG on Apr 30, 2021 8:44pm
Thought we had a 25% partner in Petrogas?  Shouldn't they get $7.5 of that $30 M.