|Bid||13.77 x 0|
|Ask||14.00 x 0|
|Day's Range||13.72 - 14.08|
|52 Week Range||13.11 - 29.34|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||2.19 (6.61%)|
|1y Target Est||19.96|
Altagas announces its 2019 balanced funding plan, including financial outlook and capital plan
CALGARY , Dec. 3, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today reset dividend rates for the currently outstanding Cumulative Redeemable Five-Year Rate Reset Preferred Shares, Series E (the "Series E Shares") (TSX:ALA.PR.E) and the Cumulative Redeemable Floating Rate Preferred Shares, Series F (the "Series F Shares"). As previously announced by AltaGas on November 28, 2018 , AltaGas does not intend to exercise its right to redeem its Series E Shares on December 31, 2018 (the "Conversion Date"). As a result, subject to certain conditions, the holders of the Series E Shares have the right to convert all or part of their Series E Shares on a one-for-one basis into Series F Shares on the Conversion Date. With respect to any Series E Shares that remain outstanding after the Conversion Date, holders shall be entitled to receive, as and when declared by the Board of Directors of AltaGas, fixed cumulative preferential cash dividends, payable quarterly.
NEW YORK, NY / ACCESSWIRE / December 3, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...
EQM Midstream Partners LP said on Wednesday it still expected to complete the $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia in the fourth quarter of 2019 despite a legal opinion explaining why an appeals court vacated a water permit for the project. The U.S. Court of Appeals for the Fourth Circuit issued the opinion late Tuesday explaining why it sided with environmental groups in October and decided to vacate the so-called Nationwide Permit 12 that allows the pipeline to cross rivers in West Virginia. In the opinion, the court said the project's proposed construction methods violated a special condition put forward by West Virginia, requiring stream crossings to be completed within 72 hours.
CALGARY , Nov. 28, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today that it does not intend to exercise its right to redeem any or all of its currently outstanding Cumulative Redeemable Five-Year Rate Reset Preferred Shares, Series E (the "Series E Shares") (TSX:ALA.PR.E) on December 31, 2018 (the "Conversion Date"). As a result, subject to certain conditions, the holders of the Series E Shares have the right to convert all or part of their Series E Shares on a one-for-one basis into Cumulative Redeemable Floating Rate Preferred Shares, Series F (the "Series F Shares") on the Conversion Date.
NEW YORK, NY / ACCESSWIRE / October 31, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
If you want to know who really controls AltaGas Ltd (TSE:ALA), then you’ll have to look at the makeup of its share registry. Institutions will often hold stock in bigger Read More...
To fund capital projects as well as align the underlying assets of the business to its strategic focus on Gas and U.S. Utilities, AltaGas will undertake further asset sales of $1.5 to $2.0 billion in the near term.
AltaGas maintains a significant minority interest in AltaGas Canada Inc. AltaGas Canada Inc. ("ACI") has successfully completed the initial public offering ("IPO") and sale of 16,500,000 common shares at $14.50 per common share (the "Offering Price") for gross proceeds of approximately $239 million .
Final pricing for AltaGas Canada Inc.'s ("ACI") initial public offering ("IPO") at $14.50 per common share (the "Offering Price") for between 16,500,000 and 18,975,000 common shares for aggregate gross proceeds from the sale of common shares of between $239 million and $275 million (if the over-allotment option is exercised in full).
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Alphabet Inc's Sidewalk Labs Chief ...
CALGARY , Oct. 10, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today that the October dividend will be paid on November 15, 2018 , to common shareholders of record on October 25, 2018 . The amount of the dividend will be $0.1825 for each common share. As previously announced, AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash Purchase Plan (the "Plan") for eligible shareholders of AltaGas.
Upon successful completion of the initial public offering ("IPO"), AltaGas will exceed its target on its asset monetization plan with respect to the repayment of its bridge facility, with approximately $2.5 billion expected to be raised. This surpasses its $2.0 billion goal. AltaGas has been rapidly repaying its bridge facility, and expects to meet its commitment to have the bridge facility retired in the fourth quarter of 2018. The final step for the bridge repayment following the completion of the IPO is approximately US $1.1 billion in financing, which is expected to include term debt and hybrid securities offerings.
Warburg Pincus, the Canada Pension Plan Investment Board and Azimuth Capital Management initially invested in Black Swan Energy in 2011.
CALGARY , Sept. 26, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today that it has entered into a definitive agreement with Black Swan Energy Ltd. ("Black Swan") to acquire 50% ownership in certain existing and future natural gas processing plants of Black Swan (the "Aitken Creek Processing Facilities"). Upon the completion of the acquisition, AltaGas and Black Swan will enter into long term processing, transportation and marketing agreements that also include new AltaGas Liquids handling infrastructure.
DALLAS , Sept. 14, 2018 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, ...
AltaGas Ltd. is intensifying its shift toward the U.S., following up its $4.6 billion takeover of Washington utility WGL Holdings Inc. with a plan to spin off its Canadian assets through an initial public offering. The IPO and a debt repayment from the new company would deliver C$1 billion ($770 million) in cash proceeds to AltaGas, which plans to use the money to repay a loan it took on to fund the WGL acquisition, according to a statement Thursday. The transaction would leave AltaGas focused on natural gas and U.S. utilities, while AltaGas Canada Inc. would own Canadian gas distribution and wind power assets.
AltaGas announces the filing of a preliminary prospectus for the initial public offering of AltaGas Canada Inc. which includes AltaGas' Canadian utilities and certain renewable power assets in Canada