AltaGas(TSX:ALA)

AltaGas, a Canadian corporation, is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy.

Investor website: https://www.altagas.ca/

About

AltaGas, a Canadian corporation, is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy. We operate a diversified, lower-risk, high-growth Utilities and Midstream business that is focused on delivering resilient and durable value for our stakeholders.

Verified company data

Cash position
$0.114B
Shares outstanding
312 million
Fully diluted shares
not discovered
Mineral resource
not discovered
Projects
["Harmattan Gas Processing Complex\n\nLocation: Sundre, AB\n\nCapacity: 490 Mmcf/d\n\nOperator: Yes\n\nFuel Type: NGL\n\nOwnership: 100%\n\nThe Harmattan Gas Processing Complex processes and extracts gas. It is one of the largest gas plants in Alberta and is located 100 kilometres north of Calgary near Sundre Alberta.\n\nHarmattan has natural gas processing capacity of 490 Mmcf/d consisting of sour gas treating, co-stream processing, NGL extraction, and 35,000 Bbls/d of NGL fractionation and terminalling. Harmattan also has a 450 Bbls/d capacity frac oil processing facility, a 200 tonnes/d capacity industrial grade carbon dioxide (CO2) facility and a 10,000 Bbls/d capacity NGL truck offload facility. Harmattan extracts NGLs from the raw natural gas delivered for processing, fractionates the recovered NGLs into specification ethane, propane, butane and condensate, and provides storage and terminalling services for each product.\n\nAt Harmattan, natural gas processing services are provided to approximately 70 producers under contracts with a variety of commercial arrangements and terms.\n\nSince purchasing Harmattan in 2008, AltaGas has invested over $400 million to increase efficiency and reduce emissions at the facility. The Harmattan Complex has three co-generation units capable of producing 45 MW of power, which creates steam for processing gas and electricity for onsite use. Any excess electricity from the co-generation units goes to the Alberta power grid.","North Pine Liquids Separation Facility\n\nLocation: North Pine, BC\n\nCapacity: 20,000 bbls/d\n\nOperator: Yes\n\nFuel Type: C3+ and C5+\n\nOwnership: 100%\n\nThe North Pine Natural Gas Liquids (NGL) Facility project is located approximately 40 kilometres northwest of Fort St. John, British Columbia. The North Pine facility is the only custom fractionation plant in B.C., providing area producers with a lower cost, higher netback alternative for their NGLs than transporting and fractionating in Edmonton.\n\nThe first train of the North Pine facility is capable of processing up to 10,000 Bbls/d of NGL mix. The second train, commissioned in the first quarter of 2020, provides an additional 10,000 Bbls/d of NGL mix.\n\nThe North Pine facility is connected via the North Pine pipelines to the Townsend truck terminal which has a capacity of 10,000 Bbls/d and is contracted through long-term supply agreements with the producers at the Townsend and Aitken Creek facilities. The North Pine facility is also connected to the Tourmaline Gundy facility, and has access to the CN rail network, allowing for the transportation of propane, butane, and condensate to North American markets and propane to global markets via RIPET.","Ridley Island Energy Export Facility\n\nLocation: Prince Rupert, B.C.\n\nCapacity: 55,000 Bbls/d (Expected)\n\nFuel Type: LPG\n\nAltaGas is developing REEF, which is a large-scale LPG and bulk liquids export terminal with supporting marine infrastructure that is being constructed on Ridley Island in Northern B.C., adjacent to the current RIPET terminal. The project is being developed by AltaGas and Vopak and is proposed to have the capability to export propane and butane in the first phase of development, with bulk liquids, ethane and other products as potential next phases of development.","Pipestone II Project\n\nLocation: Alberta Montney\n\nCapacity: 100 MMCF/D\n\nFuel Type: Gas and NGL\n\nPipestone II is currently under construction and is fully owned and operated by AltaGas. It will provide an additional 100 MMcf/d of sour deep-cut natural gas processing capacity and an additional 20,000 Bbls/d of liquids handling capabilities. The project is adjacent to Pipestone, which AltaGas acquired in December 2023, and is being constructed on a fixed price turnkey basis for the majority of the capital costs. When complete, this project will deliver critical gas processing and liquids handling capacity in the Pipestone region of Alberta, which is one of the fastest growing liquids-rich natural gas developments in Canada."]
Leadership
William L. Bullock, Jr. (Director), Victoria A. Calvert (Director), David W. Cornhill (Director), Jon-Al Duplantier (Director), Derek W. Evans (Director), Cynthia Johnston (Director), Pentti O. Karkkainen (Chair of the Board), Phillip R. Knoll (Director), Angela S. Lekatsas (Director), Nancy G. Tower (Director, President and CEO of Tampa Electric Company, with over 20 years of utility experience), Vernon D. Yu (Director)

Verified data last updated: 2026-07-10

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