# 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.

## 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.

## Key facts

- **Cash position:** $0.114B
- **Shares outstanding:** 312 million
- **Fully diluted shares:** not discovered
- **Warrants:** not discovered
- **Options:** not discovered
- **Mineral resource:** not discovered
- **Projects:** ["Townsend Complex\n\nLocation: British Columbia\n\nCapacity: 198 Mmcf/d\n\nOperator: Yes\n\nFuel Type: Sweet Gas\n\nOwnership: 100%\n\nAltaGas owns and operates the Townsend Complex, associated gas gathering system and the Townsend Truck Terminal (TTT). Located approximately 100 kilometres north of Fort St. John and 20 kilometres southeast of AltaGas’ existing Blair Creek Facility, the Townsend Complex has the ability to process 198 Mmcf/d. A 25 kilometre gas gathering line connects the Blair Creek field gathering area to the Townsend Complex. As well, two 30 kilometre liquids egress pipelines connect the Townsend Complex to the TTT located off the Alaska Highway at mile 95.\n\nIn 2014, AltaGas and Painted Pony Petroleum Ltd. entered into a 15-year strategic alliance for the development of processing infrastructure and marketing services for natural gas in British Columbia. The strategic alliance will provide for the development of essential liquids-rich gas processing infrastructure in Northeast British Columbia.","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."]
- **Leadership:** Derek Evans (Chair, Distinguished energy industry leader with over 40 years of experience, former President and CEO of MEG Energy, and involved with several not-for-profit organizations.), Pentti Karkkainen (Director), Vern Yu (President and CEO, Experienced leader in the energy sector with a focus on delivering long-term value for stakeholders.), James Harbilas (Executive Vice President and CFO, Retiring CFO with significant contributions to AltaGas' success.), Sean Brown (CFO, Incoming CFO with over 25 years of experience in energy infrastructure and finance, previously CFO at Gibson Energy Inc.)

_Verified data last updated: 2026-07-17_

## Recent filings

- 2026-07-10 — press_release — [ala_2026-07-10_14-24-14.pdf](https://chat.orbiton.app/atgff/preview/64302?documentId=64302)
- 2026-06-24 — press_release — [ala_2026-06-24_14-32-14.pdf](https://chat.orbiton.app/atgff/preview/56442?documentId=56442)
- 2026-05-04 — mda — [ala_2026-05-04_16-10-22.pdf](https://chat.orbiton.app/atgff/preview/52842?documentId=52842)
- 2026-05-04 — financials — [ala_2026-05-04_16-05-44.pdf](https://chat.orbiton.app/atgff/preview/52843?documentId=52843)
- 2026-05-04 — financials — [ala_2026-05-04_16-05-14.pdf](https://chat.orbiton.app/atgff/preview/52844?documentId=52844)
- 2026-05-01 — press_release — [ala_2026-05-01_16-27-52.pdf](https://chat.orbiton.app/atgff/preview/52845?documentId=52845)
- 2026-05-01 — proxy — [ala_2026-05-01_16-25-51.pdf](https://chat.orbiton.app/atgff/preview/52846?documentId=52846)
- 2026-04-30 — financials — [ala_2026-04-30_07-11-15.pdf](https://chat.orbiton.app/atgff/preview/52847?documentId=52847)

## Investor FAQ

### [Latest News?](https://chat.orbiton.app/atgff/faq/latest-news)

Not disclosed in available filings.

### [Infrastructure](https://chat.orbiton.app/atgff/faq/infrastructure)

AltaGas operates the Townsend Complex in British Columbia, which has a processing capacity of 198 Mmcf/d and is fully owned by the company. Additionally, they are developing the Ridley Island Energy Export Facility, a large-scale LPG and bulk liquids export terminal with an expected capacity of 55,000 Bbls/d.

## Live AI chat

- https://chat.orbiton.app/atgff/chat
- Investor website: https://www.altagas.ca/