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AltaGas Ltd. (ALA.TO)


Toronto - Toronto Delayed Price. Currency in CAD
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29.46-0.33 (-1.11%)
As of 2:20PM EDT. Market open.

AltaGas Ltd.

355 - 4th Avenue SW
Suite 1700
Calgary, AB T2P 0J1
Canada
403-691-7575
http://www.altagas.ca

SectorBasic Materials
IndustryOil & Gas Pipelines
Full Time Employees1,632

Key Executives

NameTitlePayExercisedAge
Mr. David M. Harris B.Sc., MBA, P.Eng.Pres, CEO & Non-Independent Director1.81MN/A54
Mr. Timothy William Watson CFA, ICD.DCFO & Exec. VP783.57kN/AN/A
Mr. John Edward Lowe B.A., LLBExec. VP804.4kN/AN/A
Mr. Joy Sumanan ThakurSr. VP of Commercial & Bus. Operations714.14kN/AN/A
Mr. John D. O'Brien Jr.Pres and COO - Altagas Services (U.S.) Inc898.97kN/A57
Amounts are as of December 31, 2016 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.

Description

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 separation, transmission, and storage; and natural gas and NGL marketing activities, as well as buying and selling natural gas. It serves producers in the Western Canada Sedimentary Basin. This segment operates 6 NGL extraction plants with an inlet capacity of 1.7 billion cubic feet per day (Bcf/d); 4 natural gas transmission systems with a combined transportation capacity of approximately 0.6 Bcf/d, as well as NGL pipelines with a combined capacity of 189,300 barrels per day; and 30 gathering and processing facilities in Western Canada, as well as a network of approximately 5,300 kilometers of gathering and sales lines. The Power segment is involved in the sale of electricity and ancillary services in Western Canada and the United States. As of December 31, 2016, it had 1,688 megawatts of gross power generation capacity from hydro, gas-fired, wind, and biomass plants. The Utilities segment operates regulated natural gas distribution utilities across North America, as well as a regulated natural gas storage utility in the United States serving 570,000 customers. The company sells power and gas to commercial and industrial end-users; and markets electricity and gas directly to end-users. AltaGas Ltd. was founded in 1993 and is headquartered in Calgary, Canada.

Corporate Governance

AltaGas Ltd.’s ISS Governance QualityScore as of June 2, 2017 is 6. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 7; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.