Edition:
United Kingdom

AltaGas Ltd (ALA.TO)

ALA.TO on Toronto Stock Exchange

25.45CAD
20 Apr 2018
Change (% chg)

$0.04 (+0.16%)
Prev Close
$25.41
Open
$25.32
Day's High
$25.49
Day's Low
$25.08
Volume
450,816
Avg. Vol
649,195
52-wk High
$31.70
52-wk Low
$22.82

Latest Key Developments (Source: Significant Developments)

AltaGas And WGL Holdings, Inc. Announce Approval Of Merger By The Maryland Public Service Commission
Wednesday, 4 Apr 2018 

April 5 (Reuters) - AltaGas Ltd ::ALTAGAS AND WGL HOLDINGS, INC. ANNOUNCE APPROVAL OF MERGER BY THE MARYLAND PUBLIC SERVICE COMMISSION.ALTAGAS LTD - CLOSING OF PROPOSED MERGER OF ALTAGAS AND WGL CONTINUES TO BE ON TRACK FOR MID-2018 .  Full Article

Altagas Commissions North Pine And Provides Update On WGL Transaction And 2018 Capital Program
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Altagas Ltd ::ALTAGAS COMMISSIONS NORTH PINE AND PROVIDES UPDATE ON WGL TRANSACTION AND 2018 CAPITAL PROGRAM.ALTAGAS LTD - ‍ALTAGAS' 2018 CAPITAL PROGRAM EXCLUDING WGL IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $400 - $500 MILLION​.ALTAGAS LTD - ALTAGAS EXPECTS MAINTENANCE CAPITAL FOR GAS AND POWER WILL BE APPROXIMATELY $25 - $35 MILLION FOR 2018.ALTAGAS LTD - ‍GAS BUSINESS WILL ACCOUNT FOR APPROXIMATELY 60 TO 65 PERCENT OF TOTAL CAPITAL IN 2018 CAPITAL PROGRAM​.  Full Article

AltaGas reports Q3 adjusted FFO per share of C$0.83
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - AltaGas Ltd :AltaGas Ltd reports strong third quarter 2017 results and increases dividend by 4.3 percent.Q3 adjusted FFO per share C$0.83.AltaGas Ltd - ‍AltaGas continues to expect to deliver low double digit percentage normalized EBITDA growth in 2017 compared to 2016​.AltaGas Ltd - ‍normalized funds from operations are expected to grow by a high single digit percentage in 2017 ​.  Full Article

Altagas awarded 10 year contract to provide battery storage at Pomona
Tuesday, 16 Aug 2016 

Altagas Ltd : awarded 10 year contract to provide battery storage at Pomona . Project is expected to cost between U.S.$40 million to $45 million .Through unit, has signed agreement with Southern California Edison for 20 megawatts of energy storage at Pomona facility.  Full Article

Altagas Q2 adjusted FFO per share C$0.75
Thursday, 21 Jul 2016 

Altagas Ltd : Increased share dividend by $0.01/share per month to $2.10/share annualized beginning with September 15, 2015 payment, 6.1 percent increase . Continues to expect to deliver overall normalized ebitda growth of approximately 20 percent in 2016 compared to 2015 . Altagas continues to expect normalized funds from operations to grow by up to approximately 15 percent in 2016 . Non-utility workforce restructuring completed in June expected to reduce operating, administrative expenses by about $7 million on annualized basis . Liquids separation facility is expected to cost approximately $60 to $80 million . Altagas ltd. reports strong second quarter results and increases dividend 6.1 percent . Q2 adjusted FFO per share C$0.75 . In June, completed restructuring reducing non-utility workforce by about 10 percent;total pre-tax restructuring costs incurred were about $7 million . Expects to receive permits, reach final investment decision in 2016,operations to begin in first half of 2018 .In early stages of development of a liquids separation facility which will serve producers in deep basin region of northwest Alberta.  Full Article

AltaGas says Co and Halfway River First Nation sign relationship agreement
Thursday, 14 Jul 2016 

Altagas Ltd:AltaGas Ltd - AltaGas Ltd and Halfway River First Nation signed a comprehensive relationship agreement.  Full Article

AltaGas Ltd. announces $400 million common share offering
Thursday, 26 May 2016 

Altagas Ltd : AltaGas Ltd. announces $400 million common share offering . Net proceeds resulting from offering will be used to partially fund AltaGas' capital growth program .Agreement with underwriters issue 13.4 million common shares on a bought deal basis, at an issue price of $30.00 per common share.  Full Article

AltaGas implements premium dividend, dividend reinvestment and optional common share purchase plan
Tuesday, 17 May 2016 

AltaGas Ltd : Implemented a premium dividend, dividend reinvestment and optional common share purchase plan . Plan allows board to set discount under dividend reinvestment component of plan at rate between 0 and 5 percent to average market price .Board of directors of altagas have set discount rate under dividend reinvestment component of plan at 3 percent to average market price.  Full Article

BRIEF-AltaGas And WGL Holdings, Inc. Announce Approval Of Merger By The Maryland Public Service Commission

* ALTAGAS AND WGL HOLDINGS, INC. ANNOUNCE APPROVAL OF MERGER BY THE MARYLAND PUBLIC SERVICE COMMISSION