Post by
bossu on Dec 22, 2022 10:42am
Notes on ALA going forward!
''AltaGas said it expects normalized earnings per share of $1.85 to $2.05 in 2023. ''
''AltaGas announced an agreement to sell its Alaskan Utilities to TriSummit for US$800 million (approximately CAD$1.1 billion), subject to customary closing conditions.''
Pretty good metric to remember and take note:
-Growing the Normalized earning Y/Y
-Reducing debt with the Alaska sale ($ 1,1 B
-Reducing cost associated with gaz distribution ( Utilities sector)
- Continuing capital investments that AltaGas has made across the network through accelerated replacement programs (ARPs) and favourable and soon to be completed
-Foreign exchange gain
-Greather contibution from LPG exportation
-Higher top line revenue
Happy trading all