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AltaGas Ltd. (ALA.TO)

52.59 Up 1.03(2.00%) Aug 29, 3:59PM EDT
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AltaGas Ltd.
Suite 1700
Calgary, AB T2P 0J1
Canada - Map
Phone: 403-691-7575
Fax: 403-691-7576

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Pipelines
Full Time Employees:1,500

Business Summary 

AltaGas Ltd., a diversified energy infrastructure company, is engaged in gas, power, and regulated utilities businesses in Canada, and the northern and western United States. It operates through three segments: Gas, Power, and Utilities. The Gas segment is engaged in natural gas gathering and processing; natural gas liquids (NGL) extraction and fractionation, transmission, and storage; and natural gas marketing activities. This segment also buys and resells energy; and offers gas transportation, storage, and gas marketing services for producers. It serves commercial, industrial, agricultural, and institutional end-users through 4 natural gas transmission systems with transportation capacity of approximately 539 million cubic feet per day; 4 NGL pipelines with combined capacity 189,300 stock tank barrels per day; 70 gathering and processing facilities in 32 operating areas; and a network of 6,600 kilometers of gathering and sales lines. The Power segment is involved in the sale of electricity and ancillary services in Alberta, British Columbia, California, Colorado, Michigan, and North Carolina. As of December 31, 2013, it had 1,096 megawatts (MW) of installed power capacity, including 507 MW of gas-fired generation, 353 MW of power generation, 117 MW of wind power generation, 42 MW of gas-fired peaking, 30 MW of cogeneration, 35 MW of biomass generation, and 12 MW of hydroelectric power generation capacity. The Utilities segment operates natural gas distribution utilities and a rate-regulated natural gas storage utility. It owns and operates utility assets that deliver natural gas to end-users in Alberta, British Columbia, and Nova Scotia in Canada; and Michigan and Alaska in the United States. AltaGas Ltd. was founded in 1993 and is headquartered in Calgary, Canada.

Key Statistics

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Key Executives 
Mr. David Wallace Cornhill B.Sc., MBA, 60
Chairman, Chief Exec. Officer and Member of Environment, Occupational Health & Safety Committee
Ms. Deborah S. Stein CA, CPA,
Chief Financial Officer and Sr. VP of Fin.
Mr. David M. Harris B.Sc., MBA,
Chief Operating Officer
Mr. Dennis A. Dawson B.A., LL.B.,
VP, Gen. Counsel, Corp. Sec., VP of Altagas Gen. Partner Inc, Corp. Sec. of Altagas Gen. Partner Inc and Gen. Counsel of Altagas Gen. Partner Inc
Mr. John Edward Lowe B.A., LLB,
Exec. VP of Corp. Devel.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.