Earnings
September 16, 2018 - KEG.UN
The Keg Royalties Income Fund - Q2-2018 Earnings .....
September 15, 2018 - BPF.UN
Boston Pizza Royalties Income Fund -Q2-2018 Earnings Update .....
September 14, 2018 - SPB
Superior Plus Corp - Q2-2018 Earnings & Price Target Update .....
September 13, 2018 - TRP
TransCanada Corp. Q2-2018 Earnings Update .....
September 12, 2018 - HR.UN
H&R REIT Q2-2018 Earnings Update .....
September 9, 2018 - FTS
Fortis Inc. Q2-2018 Earnings - Price Target Update .....
September 8, 2018 - EMA
Emera Inc. Q2-2018 Earnings & Price Target Update .....
September 7, 2018 - WIR.U
WPT Industrial REIT - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, DIR.UN, EXE, DR, INE, more...

AltaGas Ltd - 2017 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

AltaGas is a diversified Canadian energy infrastructure company with $10B in assets operating in three business segments: natural gas services, natural gas utilities, and electric power generation. The pending acquisition of WGL Utilities is planned to close by mid-2018 and capital budget of $1.3B for 2018 assets will increased to $22B by Dec-31-2018. Following the closing of the WGL acquisition earnings for 2019, the first full year of operation including WGL with be weighted 50% to utilities, 30% to gas services and 20% from power generation.

The Natural gas services segment gathers, processes, transports, stores and markets natural gas and natural gas liquids in Canada and for export. The power segment is comprised of 1,078MW of productive capacity mainly natural gas and hydro power in North America. Following completion of the WGL acquisition the utilities segment will includes seven utility distribution and storage businesses located in Alberta, British Columbia, Nova Scotia, Michigan, Alaska, District of Columbia, Maryland and Virginia that serve over 1.8M customers. In total earnings are split approximately equally between Canadian and US dollars.

The natural gas segment includes gathering systems to move natural gas from producing wells to processing facilities. The gas is then compressed for transportation. The extraction and field fractionation facilities reprocess natural gas to extract and recover ethane and NGL. The transmission pipelines deliver natural gas and NGL to distribution systems, end-users or other downstream pipelines. AltaGas buys and resells energy; provides gas transportation, storage and gas marketing for producers; and sources gas supply to some of its processing assets.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
September 14, 2018
New! Coverage Universe - Weekly Price Changes Sept 7-14, 2018
September 7, 2018
Coverage Universe - Weekly Price Changes Sept 1-7, 2018
September 6, 2018
Aecon Group Inc. - New Convertible Debenture
September 6, 2018
Bank of Montreal 4.85% Rate Reset Preferred Shares New Issue
September 5, 2018
Brookfield Infrastructure Partners LP - 5.1% Minimum Rate Preferred Units New Issue
September 4, 2018
TD Bank 4.75% Rate Reset Preferred Share New Issue
August 31, 2018
Coverage Universe - Weekly Price Changes Aug 24-31, 2018
August 24, 2018
Coverage Universe - Weekly Price Changes Aug 17-24, 2018