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AltaGas Ltd (ALA.TO)

ALA.TO on Toronto Stock Exchange

19.07CAD
27 Nov 2020
Change (% chg)

$0.24 (+1.27%)
Prev Close
$18.83
Open
$18.88
Day's High
$19.13
Day's Low
$18.86
Volume
573,828
Avg. Vol
719,342
52-wk High
$22.74
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$8.71

Latest Key Developments (Source: Significant Developments)

Altagas Reports Q2 Adjusted Earnings Per Share C$0.06
Thursday, 30 Jul 2020 

July 30 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$0.06.Q2 EARNINGS PER SHARE C$0.08.Q2 EARNINGS PER SHARE ESTIMATE C$0.01 -- REFINITIV IBES DATA.MAINTAINING ITS 2020 OUTLOOK FOR EXPECTED NORMALIZED EBITDA IN RANGE OF $1.275 - $1.325 BILLION.MAINTAINING ITS 2020 OUTLOOK FOR NORMALIZED NET INCOME OF $1.20 - $1.30 PER SHARE.  Full Article

AltaGas Says Amount Of Dividend Will Be $0.08 For Each Common Share
Wednesday, 10 Jun 2020 

June 10 (Reuters) - AltaGas Ltd ::ALTAGAS LTD. ANNOUNCES MONTHLY DIVIDEND.ALTAGAS - AMOUNT OF DIVIDEND WILL BE $0.08 FOR EACH COMMON SHARE.  Full Article

Altagas Announces Q4 Adjusted Earnings Per Share C$0.67
Friday, 28 Feb 2020 

Feb 28 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2019 RESULTS AND REAFFIRMS 2020 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE C$0.67.Q4 LOSS PER SHARE C$0.37.Q4 EARNINGS PER SHARE ESTIMATE C$0.57 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE C$1.20 TO C$1.30.QTRLY REVENUE C$1,534 MILLION VERSUS C$1,727 MILLION.REITERATES ITS OUTLOOK FOR 2020, WITH ANTICIPATED NORMALIZED EBITDA IN RANGE OF C$1.275 BILLION - C$1.325 BILLION.  Full Article

Altagas Announces Monthly Dividend
Friday, 10 Jan 2020 

Jan 10 (Reuters) - AltaGas Ltd ::ALTAGAS LTD. ANNOUNCES MONTHLY DIVIDEND.ALTAGAS - AMOUNT OF DIVIDEND WILL BE $0.08 FOR EACH COMMON SHARE.ALTAGAS - EX-DIVIDEND DATE IS JANUARY 24, 2020.  Full Article

AltaGas Sees FY 2020 Adjusted EPS Between C$1.20 And C$1.30; Suspends Dividend Reinvestment Program
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES 2020 GUIDANCE, SUSPENSION OF ITS DIVIDEND REINVESTMENT PROGRAM, AND PROVIDES AN UPDATE ON ITS 2020 STRATEGIC PLAN.SEES FY 2020 ADJUSTED EARNINGS PER SHARE C$1.20 TO C$1.30.SUSPENSION OF DIVIDEND REINVESTMENT PROGRAM..REAFFIRMS ITS 2019 GUIDANCE.IN 2020, ALTAGAS' CAPITAL INVESTMENT IS ESTIMATED AT $900 MILLION.ALLOCATING ABOUT 25% MORE CAPITAL IN 2020 TO ACCELERATED REPLACEMENT PROGRAMS AT ITS UTILITIES BUSINESS.EXPECT UTILITIES SEGMENT EBITDA GROWTH OF OVER 10 PERCENT IN 2020.IN MIDSTREAM SEGMENT CO EXPECTS 20 - 25% GROWTH IN 2020, ADJUSTING FOR ASSET SALES.EXPECTS TO ACHIEVE NORMALIZED EARNINGS PER SHARE OF $1.20 - $1.30 IN 2020.CONSOLIDATED UTILITIES RATE BASE IS EXPECTED TO GROW AT APPROXIMATELY 8 - 10 PERCENT ANNUALLY IN 2020 AND BEYOND.ALTAGAS - EXPECTS TO FUND CAPITAL INVESTMENT PLAN THROUGH SIGNIFICANT EMBEDDED GROWTH, EXISTING FINANCIAL CAPACITY.FY2020 EARNINGS PER SHARE VIEW C$1.22 -- REFINITIV IBES DATA.ALTAGAS- GROWTH IN CORE UTILITIES AND MIDSTREAM BUSINESSES IN 2020 IS EXPECTED TO MORE THAN OFFSET LOST EBITDA FROM ASSET SALES COMPLETED IN 2019.  Full Article

Altagas Announces Aggregate $500 Million Medium-Term Note Offering
Friday, 13 Dec 2019 

Dec 12 (Reuters) - AltaGas Ltd ::ALTAGAS LTD. ANNOUNCES AGGREGATE $500 MILLION MEDIUM-TERM NOTE OFFERING.ALTAGAS LTD- OFFERING IS BEING MADE THROUGH A SYNDICATE OF INVESTMENT DEALERS CO-LED BY BMO NESBITT BURNS INC.ALTAGAS - AGREED TO ISSUE $500 MILLION OF SENIOR UNSECURED MEDIUM-TERM NOTES WITH COUPON RATE OF 2.609 PERCENT, MATURING ON DECEMBER 16, 2022.ALTAGAS - ALL FINANCIAL FIGURES ARE IN CANADIAN DOLLARS.  Full Article

Altagas Q3 Earnings Per Share C$0.08
Wednesday, 30 Oct 2019 

Oct 30 (Reuters) - AltaGas Ltd ::Q3 ADJUSTED LOSS PER SHARE C$0.21.Q3 EARNINGS PER SHARE C$0.08.Q3 EARNINGS PER SHARE ESTIMATE C$-0.11 -- REFINITIV IBES DATA.REMAINS ON TRACK TO ACHIEVE 2019 GUIDANCE.2019 OUTLOOK REMAINS UNCHANGED WITH EXPECTED NORMALIZED EBITDA IN RANGE OF $1.2 - $1.3 BILLION.QTRLY NORMALIZED NET LOSS $0.21 PER SHARE.2019 OUTLOOK REMAINS UNCHANGED WITH EXPECTED NORMALIZED FFO OF $850 - $950 MILLION..ALTAGAS IS CONFIDENT IT WILL ACHIEVE ITS $3 BILLION NET DEBT REDUCTION TARGET BY YEAR-END..  Full Article

Altagas Reports Q2 Adjusted Loss Per Share C$0.02
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED FFO PER SHARE C$0.12.Q2 ADJUSTED LOSS PER SHARE C$0.02.Q2 EARNINGS PER SHARE C$0.15.Q2 EARNINGS PER SHARE ESTIMATE C$-0.07 -- REFINITIV IBES DATA.OUTLOOK FOR 2019 REMAINS ON TRACK, WITH EXPECTED NORMALIZED EBITDA IN RANGE OF $1.2 - $1.3 BILLION AND NORMALIZED FFO OF $850 - $950 MILLION.  Full Article

TerraForm Power To Acquire Large-Scale U.S. Distributed Generation Platform
Monday, 22 Jul 2019 

July 22 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER TO ACQUIRE LARGE-SCALE U.S. DISTRIBUTED GENERATION PLATFORM.TERRAFORM POWER INC - DEAL FOR $720 MILLION..TERRAFORM POWER INC - TERRAFORM POWER PLANS TO INITIALLY FUND ACQUISITION WITH A $475 MILLION BRIDGE FACILITY.TERRAFORM POWER INC - TRANSACTION WILL BE PERMANENTLY FUNDED THROUGH PROJECT FINANCING WITH INVESTMENT GRADE METRICS AND CAPITAL RECYCLING.TERRAFORM POWER INC - TERRAFORM POWER EXPECTS ACQUISITION TO BE MODESTLY ACCRETIVE TO CAFD IN 2020 AND OVER NEXT FIVE YEARS.TERRAFORM POWER INC - TO SEEK TO FINANCE ITS EQUITY INVESTMENT BY SELLING MINORITY INTERESTS IN STABILIZED WIND ASSETS.TERRAFORM POWER - EXPECTS TO GENERATE RETURNS ON EQUITY ON INVESTMENT WITHIN TARGETED RANGE OF 9% TO 11%..TERRAFORM - TO BUY UNLEVERED DISTRIBUTED GENERATION PLATFORM FROM SUBSIDIARIES OF ALTAGAS LTD.  Full Article

Altagas Announces Appointment Of James Harbilas As CFO
Monday, 27 May 2019 

May 27 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES APPOINTMENT OF JAMES HARBILAS AS CHIEF FINANCIAL OFFICER.APPOINTMENT OF D. JAMES HARBILAS AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE JUNE 10, 2019.TIM WATSON, COMPANY'S CURRENT EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, WILL BE LEAVING COMPANY.  Full Article