AltaGas

AltaGas delivered record Q1 normalized EBITDA of CAD 818 million and normalized EPS of CAD 1.33, with leverage improved to 4.4x. Midstream outperformance—driven by nearly 125,000 bpd of LPG exports and 14% Montney volume growth—lifted midstream EBITDA 39% to CAD 273 million. Management said REEF Phase I is ~75% complete with Optimization 1 under construction and plans for further expansions that could ultimately export up to 500,000 bpd. AltaGas moved toward the top end of its 2026 guidance, increased its 2026 capital budget to CAD 1.7 billion, and said ~82% of remaining 2026 export volumes are tolled or hedged. » Mere på finance.yahoo.com

AltaGas reported Q1 2026 EPS of CAD 1.33 versus a consensus of CAD 1.21, while revenue of CAD 3.97 billion missed the CAD 4.13 billion estimate. Normalized EBITDA rose to CAD 818 million (+19% year‑on‑year) and the midstream segment saw EBITDA growth of 39%. The stock rose 1.46% after the results. The company plans CAD 5 billion of investments over the next three years and reports improved credit metrics. » Mere på de.investing.com

AltaGas reported Q4 2025 EPS of CAD 0.77 (forecast CAD 0.7715) and revenue of CAD 3.29 billion versus expected CAD 3.43 billion, with both metrics slightly below expectations. The stock fell 2.06% in pre-market trading, while the company reported a strong full-year performance with a total shareholder return of 29% and normalized EBITDA of CAD 1.86 billion. The credit rating outlook improved to positive; meanwhile higher costs and a work stoppage weighed on the quarter. AltaGas plans larger investments to expand LPG export capacities and targets annual growth of 5–7%. » Mere på de.investing.com

AltaGas reported normalized EPS of $0.04 and revenues of $2.6bn for Q3 2025, both below analyst expectations, after which the share price fell about 2%. The midstream segment raised normalized EBITDA by 13% to $204m but could not offset a sharp drop in the utilities business (EBITDA down from $117m to $68m). Management highlighted record exports, progress on major projects and approved expansions such as REEF Optimization 1, Dimsdale Phase I and Keweenaw Connector. AltaGas maintains its 2025 guidance (normalized EBITDA $1,775–1,875m; EPS $2.10–2.30) and plans roughly $1.4bn of investment for 2025, while noting short-term challenges in the utilities business. » Mere på de.investing.com

AltaGas posted normalized EBITDA of $342m in Q2 2025 (+16% year‑on‑year) and normalized earnings per share of $0.27. The midstream segment grew especially strongly (+23%), while the utilities segment also increased by double digits; the stock reacted slightly negatively. Key projects are on schedule: REEF is about 70% cost‑bound and Pipestone II is 85% complete and secured by take‑or‑pay contracts. For 2025 the company forecasts normalized EBITDA of $1.775–1.875bn, plans capex of $1.4bn and targets a mid‑term leverage ratio of 4.65x; management confirms dividend growth of 5–7%. » Mere på de.investing.com