AltaGas Ltd - Company Profile
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AltaGas Ltd (AltaGas) is a North American energy infrastructure company focused on connecting customers and markets to energy sources. The company's main activities include operating midstream and utility businesses. AltaGas provides services such as global export facilities, processing, fractionation, logistics infrastructure, and regulated natural gas utilities. The company also operates the Ridley Island Propane Export Terminal (RIPET) and the Ferndale Terminal. AltaGas serves residential, commercial, and industrial customers, facilitating energy solutions from well sites to homes and businesses. The company operates through a network of strategically located processing and logistics infrastructure. AltaGas's geographic locations include North America, with target markets extending to Asia. AltaGas is headquartered in Calgary, Alberta, Canada.
Headquarters
Canada
Address
Suite 1300, 707 5th Street SouthWest, Calgary, Alberta, T2P1V8
Website
www.altagas.ca
Telephone
1 403 6917575
No of Employees
2,853
Industry
Energy and Utilities
Ticker Symbol & Exchange
ALA (TSE)
Revenue (2024)
$9.1B
2.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
28.9%
(2024 vs 2023)
Market Cap*
$12.4B
Net Profit Margin (2024)
XYZ
26.1%
(2024 vs 2023)
* As of and is in US$
AltaGas Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Natural Gas Liquids (NGLs) | Storage Services | Washington Gas |
| Electricity | Energy Management Services | AltaGas |
| Natural Gas | Energy Consulting | Petrogas |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company entered into a 10-year storage services contract with Gunvor to support the Dimsdale facility expansion. |
| 2025 | Contracts/Agreements | In August, the company signed a new long-term agreement with Pembina Pipeline Corporation to deliver a competitive export outlet further promoting end-market diversification for Pembina and its customers. |
| 2025 | Contracts/Agreements | In July, the company and BASF Intertrade entered into a long-term commercial agreement to deliver butane through AltaGas and Royal Vopak's Ridley Island Energy Export Facility. |
Competitor Comparison
| Key Parameters | AltaGas Ltd | TC Energy Corporation | Pembina Pipeline Corp | Keyera Corp | Inter Pipeline Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Calgary | Calgary | Calgary | Calgary | Calgary |
| State/Province | Alberta | Alberta | Alberta | Alberta | Alberta |
| No. of Employees | 2,853 | 6,574 | 2,974 | 1,257 | 1,276 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Derek W. Evans | Chairman | Executive Board | 2026 | 68 |
| Vern D. Yu | Director; President; Chief Executive Officer | Executive Board | 2023 | 58 |
| D. James Harbilas | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | - |
| Hejdi Carlsen | Senior Vice President; Chief Safety, Stakeholder and Sustainability Officer | Senior Management | 2025 | - |
| Corine R.K. Bushfield | Executive Vice President; President - Utilities | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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