CALGARY, AB, Jan. 11, 2021 /CNW/ – AltaGas Ltd. (“AltaGas or the Company”) (TSX: ALA) announced today that the January dividend will be paid on February 15, 2021, to common shareholders of record on January 25, 2021. The ex-dividend date is January 22, 2021. The amount of the dividend will be $0.0833 for each common share. This dividend is an eligible dividend for Canadian income tax purposes.

AltaGas is a leading North American energy infrastructure company that connects NGLs and natural gas to domestic and global markets. The Company operates a diversified, low-risk, high-growth Utilities and … Continue Reading

AltaGas closes strategic acquisition of increased ownership in Petrogas; remains focused on providing access to premium global LPG markets and reducing Asian carbon intensity while growing earnings per share and creating earnings durability for shareholders.

CALGARY, AB, Dec. 16, 2020 /CNW/ – AltaGas Ltd. (“AltaGas or the Company”) (TSX: ALA) is pleased to announce that it has closed the previously announced acquisition of an additional 37 percent equity interest in Petrogas Energy Corp. (“Petrogas”) for total consideration of approximately $715 million. AltaGas’ indirect ownership in Petrogas increases to approximately 74% with Idemitsu Kosan Co., Ltd. (“Idemitsu”) indirectly owning … Continue Reading

Strong execution and focus positions AltaGas to achieve 2020 guidance, be well-positioned to demonstrate durable increases in 2021 normalized earnings per share1, and return more capital to shareholders through 4% annual dividend increase

CALGARY, AB, Dec. 10, 2020 /CNW/ – AltaGas Ltd. (AltaGas or the Company) (TSX: ALA) today provided an update on its long-term strategic plan, reiterated 2020 guidance, introduced its 2021 outlook, and announced a four percent increase to the Company’s common share dividends.

HIGHLIGHTS:

CALGARY, AB, Nov. 30, 2020 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company” ) (TSX: ALA) today announced that it has completed its issue of $500 million of senior unsecured medium term notes (the “7.5 Year Notes”) with a coupon rate of 2.075 percent, maturing on May 30, 2028 and $200 million of senior unsecured medium term notes (the “10 Year Notes”) with a coupon rate of 2.477 percent, maturing on November 30, 2030 (the “Offering”).

The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas’ credit facility, to fund the redemption … Continue Reading

CALGARY, AB, Nov. 25, 2020 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) today announced that it has agreed to issue $500 million of senior unsecured medium term notes (the “7.5 Year Notes”) with a coupon rate of 2.075 percent, maturing on May 30, 2028 and $200 million of senior unsecured medium term notes (the “10 Year Notes”) with a coupon rate of 2.477 percent, maturing on November 30, 2030 (the “Offering”).

The Offering is expected to close on or about November 30, 2020. The net proceeds resulting from the Offering will be used to pay down existing indebtedness … Continue Reading

CALGARY, AB, Nov. 20, 2020 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) announces its intention to redeem – in accordance with the terms of the Cumulative Redeemable 5-Year Minimum Rate Reset Preferred Shares, Series I (the “Series I Shares”) as set out in the Company’s articles – all of its 8,000,000 issued and outstanding Series I Shares on December 31, 2020 (the “Redemption Date”) for a redemption price equal to $25.00 per Series I Share, together with all accrued and unpaid dividends to, but excluding, the Redemption Date (the “Redemption Price”), less any tax required to … Continue Reading

AltaGas delivers strong third quarter results, reiterates 2020 guidance and remains focused on executing long-term strategic plan.

CALGARY, AB, Oct. 29, 2020 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) today reported third quarter 2020 financial results and provided an update on the Company’s operations and outlook, including COVID-19 considerations.

HIGHLIGHTS

(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

AltaGas Advances Global Export Strategy Through Increased Ownership in Petrogas; Transaction Expected to be Earnings, Cash Flow and Credit Accretive; Remains Committed to Providing Access to Premium Global LPG Markets and Reducing Asian Carbon Intensity

CALGARY, AB, Oct. 16, 2020 /CNW/ – AltaGas Ltd. (“AltaGas or the Company”) (TSX: ALA) announces that AltaGas Idemitsu Joint Venture Limited Partnership (“AIJV”) and SAM Holdings Ltd. (“SAM”) have entered a definitive agreement with respect to the put process surrounding Petrogas Energy Corp. (“Petrogas”), which was originally announced on January 2, 2020. Pursuant to the agreement, AltaGas is indirectly acquiring an additional … Continue Reading

CALGARY, AB, Oct. 13, 2020 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today that the October dividend will be paid on November 16, 2020, to common shareholders of record on October 26, 2020. The ex-dividend date is October 23, 2020. The amount of the dividend will be $0.08 for each common share. This dividend is an eligible dividend for Canadian income tax purposes.

AltaGas is a leading North American energy infrastructure company that connects NGLs and natural gas to domestic and global markets. AltaGas creates value by growing and optimizing its energy infrastructure, including a … Continue Reading

CALGARY, AB, Oct. 9, 2020 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX:  ALA) will release its 2020 third quarter financial results on Thursday, October 29, 2020 before markets open and tentatively scheduled at approximately 4:00 a.m. MT (6:00 a.m. ET; 11:00 GMT). A conference call and webcast will be held the same day to discuss the financial results and other corporate developments.

Time:               

8:00 a.m. MT (10:00 a.m. ET)

Dial-in:             

1-647-427-7450 or toll free at 1-888-231-8191

Webcast:         

https://www.altagas.ca/invest/events-and-presentations

Shortly after the conclusion of the third quarter call, a replay will be available commencing at 11:00 a.m. MT… Continue Reading

CALGARY, AB, Sept. 30, 2020 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) wishes to correct an error in its press release entitled “AltaGas Ltd. Announces Results of Series A and Series B Preferred Share Conversions” issued on September 30, 2020. As a result of the conversions AltaGas has 6,746,679 Series A Preferred Shares and 1,253,321 Series B Preferred Shares issued and outstanding rather than the 5,511,220 Series A Preferred Shares and 2,488,780 Series B Preferred Shares referred to in AltaGas’ previous press release. This correction does not change any other amounts or information reported in the prior press … Continue Reading

CALGARY, AB, Sept. 30, 2020 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today that 35,180 of its 8,000,000 Cumulative Redeemable Five-Year Fixed Rate Reset Preferred Shares, Series A (the “Series A Preferred Shares”) (TSX: ALA.PR.A) were tendered for conversion into Cumulative Floating Rate Preferred Shares, Series B (the “Series B Preferred Shares”) (TSX: ALA.PR.B) and that 1,270,639 of its Series B Preferred Shares were tendered for conversion into Series A Preferred Shares. As a result of the conversions AltaGas has 5,511,220 Series A Preferred Shares and 2,488,780 Series B Preferred Shares issued and outstanding. 

The Series A Preferred … Continue Reading