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AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 MW of power in California. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is based in Calgary, Canada.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 716.00M | 446.00M | 699.00M | 812.70M | -716.90M |
| Minority interest | -50.00M | -57.00M | 620.00M | 154.00M | 620.60M |
| Net income | 523.00M | 283.00M | 552.00M | 833.50M | -435.10M |
| Selling general administrative | 1568.00M | 1476.00M | 1267.00M | 1298.70M | 1129.00M |
| Gross profit | 2949.00M | 2865.00M | 1995.00M | 1829.90M | 1407.40M |
| Reconciled depreciation | 439.00M | 422.00M | 414.00M | 438.00M | 394.00M |
| Ebit | 1009.00M | 1026.00M | 781.00M | 553.00M | 531.40M |
| Ebitda | 1485.00M | 1143.00M | 1387.00M | 1596.50M | -13.90M |
| Operating income | 929.00M | 897.00M | 614.00M | 110.30M | -461.20M |
| Other operating expenses | 7.00M | 6.00M | 5.00M | 5.00M | 10.90M |
| Interest expense | 330.00M | 275.00M | 274.00M | 345.80M | 309.00M |
| Tax provision | 143.00M | 106.00M | 127.00M | -27.60M | -263.20M |
| Interest income | 17.00M | 11.00M | 9.00M | 9.00M | 2.70M |
| Net interest income | -313.00M | -264.00M | -265.00M | -336.80M | -306.30M |
| Income tax expense | 143.00M | 106.00M | 127.00M | -28.00M | -263.20M |
| Total revenue | 14087.00M | 10573.00M | 5587.00M | 5495.00M | 4256.70M |
| Total operating expenses | 13158.00M | 9676.00M | 4973.00M | 5384.70M | 4717.90M |
| Cost of revenue | 11138.00M | 7708.00M | 3592.00M | 3665.10M | 2849.30M |
| Total other income expense net | 100.00M | -187.00M | 350.00M | 1039.20M | 50.60M |
| Net income from continuing ops | 573.00M | 340.00M | 572.00M | 840.30M | -453.70M |
| Net income applicable to common shares | 399.00M | 230.00M | 486.00M | 769.00M | -501.70M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 23965.00M | 21593.00M | 21532.00M | 19794.50M | 23487.70M |
| Intangible assets | 159.00M | 188.00M | 551.00M | 585.60M | 711.90M |
| Other current assets | 1268.00M | 172.00M | 160.00M | 156.00M | 1695.70M |
| Total liab | 16347.00M | 13992.00M | 13871.00M | 12425.70M | 15847.50M |
| Total stockholder equity | 7456.00M | 6949.00M | 7041.00M | 7214.90M | 7019.60M |
| Deferred long term liab | 484.00M | 455.00M | 456.00M | 493.00M | 670.90M |
| Other current liab | 793.00M | 349.00M | 341.00M | 398.00M | 525.80M |
| Common stock | 6761.00M | 6735.00M | 6723.00M | 6719.00M | 6653.90M |
| Capital stock | 7347.00M | 7811.00M | 7800.00M | 7996.10M | 7972.70M |
| Retained earnings | -1142.00M | -1243.00M | -1192.00M | -1403.00M | -1905.30M |
| Other liab | 3487.00M | 3398.00M | 3334.00M | 3220.00M | 3678.60M |
| Good will | 5250.00M | 5153.00M | 5039.00M | 3942.10M | 4068.20M |
| Other assets | 1297.00M | 1371.00M | 1298.00M | 1298.00M | 1344.20M |
| Cash | 53.00M | 63.00M | 32.00M | 57.10M | 101.60M |
| Total current liabilities | 3407.00M | 2657.00M | 2607.00M | 3125.00M | 4102.00M |
| Net debt | 9812.00M | 8301.00M | 8198.00M | 7253.60M | 10065.40M |
| Short long term debt | 627.00M | 680.00M | 612.00M | 1382.90M | 2100.10M |
| Other stockholder equity | 626.00M | -7.00M | 50.00M | 245.00M | 579.00M |
| Property plant equipment | 11967.00M | 11634.00M | 11260.00M | 10295.00M | 10929.60M |
| Total current assets | 4638.00M | 2624.00M | 2497.00M | 2196.00M | 4033.00M |
| Long term investments | 654.00M | 623.00M | 887.00M | 1465.90M | 2400.80M |
| Net tangible assets | 1461.00M | 532.00M | 374.00M | 1398.00M | 920.70M |
| Net receivables | 2095.00M | 1440.00M | 1465.00M | 1281.00M | 1594.80M |
| Long term debt | 9238.00M | 7684.00M | 7618.00M | 5927.80M | 8066.90M |
| Inventory | 1060.00M | 782.00M | 636.00M | 506.00M | 515.90M |
| Accounts payable | 1892.00M | 1529.00M | 1546.00M | 1291.00M | 1448.50M |
| Non currrent assets other | 47.00M | 44.00M | 45.00M | 42.90M | 31.60M |
| Non current assets total | 19327.00M | 18969.00M | 19035.00M | 17598.30M | 19454.70M |
| Capital lease obligations | 307.00M | 344.00M | 411.00M | 180.70M | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | 1.00M | -8.00M | 308.00M | -179.00M | -158.90M |
| Change to liabilities | 377.00M | 92.00M | -41.00M | -280.00M | 237.90M |
| Total cashflows from investing activities | -997.00M | -483.00M | -1211.00M | 2184.00M | -6693.30M |
| Net borrowings | 1349.00M | 128.00M | 940.00M | -2606.00M | 2917.00M |
| Total cash from financing activities | 435.00M | -245.00M | 392.00M | -2874.00M | 6845.90M |
| Change to operating activities | -12.00M | -64.00M | -215.00M | -118.00M | -96.70M |
| Net income | 523.00M | 283.00M | 552.00M | 833.00M | -435.10M |
| Change in cash | -20.00M | 10.00M | -48.00M | -79.00M | 157.40M |
| Begin period cash flow | 84.00M | 74.00M | 122.00M | 201.10M | 43.70M |
| End period cash flow | 64.00M | 84.00M | 74.00M | 122.40M | 201.10M |
| Total cash from operating activities | 539.00M | 738.00M | 773.00M | 616.00M | -78.60M |
| Issuance of capital stock | - | 0.00M | 6.00M | 67.80M | 2633.70M |
| Depreciation | 459.00M | 441.00M | 431.00M | 461.00M | 406.30M |
| Other cashflows from investing activities | - | -7.00M | -75.00M | -75.00M | 30.00M |
| Dividends paid | 338.00M | 356.00M | 334.00M | 334.00M | 539.50M |
| Change to inventory | -324.00M | -232.00M | 32.00M | -2.00M | -100.80M |
| Change to account receivables | -691.00M | -206.00M | 21.00M | 168.00M | -526.90M |
| Sale purchase of stock | -574.00M | 0.00M | -200.00M | -37.60M | - |
| Other cashflows from financing activities | -27.00M | -31.00M | -21.00M | 35.00M | 974.60M |
| Change to netincome | 201.00M | 419.00M | -15.00M | -458.00M | 407.00M |
| Capital expenditures | 945.00M | 805.00M | 825.00M | 1296.00M | 990.40M |
| Change in working capital | -650.00M | -410.00M | -203.00M | -231.50M | -486.50M |
| Stock based compensation | 3.00M | 7.00M | 6.00M | 3.50M | - |
| Other non cash items | 21.00M | 29.00M | 24.00M | 23.30M | 40.00M |
| Free cash flow | -419.00M | -76.00M | -70.00M | -719.00M | -1107.10M |
Sector: Energy Industry: Oil & Gas Midstream
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| ENB Enbridge Inc |
-0.28 0.41% |
68.54 | 22.18 | 23.15 | 2.38 | 2.80 |
| ENB-PJ Enbridge Inc Pref 7 |
0.01 0.04% |
24.56 | 6.36 | - | 2.38 | - |
| ENB-PP Enbridge Srs P Cum Red Prf |
0.05 0.21% |
24.30 | 6.30 | - | 2.38 | - |
| ENB-PY Enbridge Inc Pref 3 |
- -% |
22.88 | 5.61 | - | 2.36 | - |
AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 MW of power in California. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is based in Calgary, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Randall L. Crawford | Pres, CEO & Non-Independent Director | 1963 |
| Mr. D. James Harbilas B.Com., C.A., CPA, CA | Exec. VP & CFO | 1970 |
| Ms. Corine Renne Knight Bushfield | Exec. VP & Chief Admin. Officer | 1975 |
| Mr. Randy W. Toone B.Sc., P.Eng | Exec. VP & Pres of Midstream | NA |
| Mr. Donald M. Jenkins B.Sc., M.B.A. | Exec. VP and Pres of Utilities & Washington Gas Light Company | 1973 |
| Mr. Jon Morrison | Sr. VP of Investor Relations & Corp. Devel. | NA |
| Mr. Bradley B. Grant Esq., B.Comm, LLB, MBA | Exec. VP & Chief Legal Officer | NA |
| Mr. Kent E. Stout | Sr. VP of Organizational Devel. | NA |
| Mr. Joy Sumanan Thakur | Sr. VP of Commercial & Bus. Operations | NA |
| Mr. James Shelford | Sr. VP of Commercial | 1984 |
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