CT:ALA AltaGas Ltd

AltaGas Ltd. operates as a diversified energy infrastructure company in North America. It operates through three segments: Gas, Power, and Utilities. The Gas segment engages in natural gas gathering and processing; natural gas liquids (NGL) extraction and separation, transmission, and storage; and natural gas and NGL marketing activities, as well as buying and selling natural gas. It serves producers in the Western Canada Sedimentary Basin. This segment operates 6 NGL extraction plants with an inlet capacity of 1.7 billion cubic feet per day (Bcf/d); 4 natural gas transmission systems with a combined transportation capacity of approximately 0.6 Bcf/d, as well as NGL pipelines with a combined capacity of 189,300 barrels per day; and 30 gathering and processing facilities in Western Canada, as well as a network of approximately 5,300 kilometers of gathering and sales lines. The Power segment is involved in the sale of electricity and ancillary services in Western Canada and the United States. As of December 31, 2016, it had 1,688 megawatts of gross power generation capacity from hydro, gas-fired, wind, and biomass plants. The Utilities segment operates regulated natural gas distribution utilities across North America, as well as a regulated natural gas storage utility in the United States serving 570,000 customers. The company sells power and gas to commercial and industrial end-users; and markets electricity and gas directly to end-users. AltaGas Ltd. was founded in 1993 and is headquartered in Calgary, Canada.

28.00 CAD
As of 09/23/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Utilities
Industry:  Utilities-Regulated Gas
Index country:  Canada
Country of incorporation:  Canada
IPO date:  05/05/2004
Stock exchange:    Toronto Stock Exchange
Exchange country:   Canada
Market cap:   8,323,723,264 CAD
Current dividend yield:   3.57%
Sedol:      B43WJC5

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