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    AltaGas Ltd. (ALA.TO)

    42.25 Down 0.28(0.66%) 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
    Website: http://www.altagas.ca

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Pipelines
    Full Time Employees:1,700

    Business Summary 

    AltaGas Ltd. Operates as a diversified energy infrastructure company in North America. It operates through three segments: Gas, Power, and Utilities. The Gas segment engages 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 natural gas producers, national hotel chains and retailers, hospitals, office buildings, and other institutions through 4 natural gas transmission systems with transportation capacity of approximately 559 million cubic feet per day; approximately 70 gathering and processing facilities; and a 6,100 KM of gathering lines upstream of processing facilities, as well as owns 3 NGL pipelines and leases 1 NGL pipeline with combined capacity of 189,300 stock tank barrels per day. 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, 2014, it had had 1,285 megawatt (MW) of installed power capacity, including 507 MW of gas-fired generation, 353 MW of power generation, 223 MW of run-of-river generation, 117 MW of wind power generation, 35 MW of biomass generation, 30 MW of cogeneration capacity, and 20 MW of gas-fired peaking capacity. The Utilities segment operates natural gas distribution utilities and a 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, 61
    Chairman and Chief Exec. Officer
    Mr. David M. Harris B.Sc., MBA,
    Pres and Chief Operating Officer
    Ms. Deborah S. Stein CA, CPA,
    Chief Financial Officer and Sr. VP of Fin.
    Mr. John Edward Lowe B.A., LLB,
    Exec. VP
    Mr. Joy Sumanan Thakur ,
    Sr. VP of Commercial & Bus. Operations
    Amounts are as of Dec 31, 2014 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.