Oil Stocks and Oil Companies in Canada
AltaGas continues to focus on Midstream and U.S. Utilities segments as near-term priorities to drive performance, fund organic growth and de-lever company
CALGARY, Feb. 28, 2019 /CNW/ –
Highlights
(all financial figures are unaudited and in Canadian dollars unless otherwise noted)
Delivers $1.0 billion in 2018 Normalized EBITDA1
CALGARY, Feb. 11, 2019 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today that the February dividend will be paid on March 15, 2019, to common shareholders of record on February 25, 2019. The ex-dividend date is February 22, 2019. 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 has a Premium Dividendâ¢, Dividend Reinvestment and Optional Cash Purchase Plan (the “Plan”) for eligible shareholders of AltaGas. Eligible shareholders who are enrolled in the Plan may have their common share dividends … Continue Reading
CALGARY, Feb. 4, 2019 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) will release its 2018 fourth quarter and year-end financial results on Thursday, February 28, 2019 before market open. A conference call and webcast will be held the same day to discuss the financial results, update on the balanced funding plan, progress on construction projects and other corporate developments.
Time:
9:00 a.m. MT (11:00 a.m. ET) on February 28, 2019
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 call, a replay will be available commencing at 2:00 p.m. MT (4:00 p.m. … Continue Reading
AltaGas continues to strengthen its balance sheet and focus on Midstream and U.S. Utilities segments
CALGARY, Jan. 31, 2019 /CNW/ – AltaGas Ltd. (AltaGas) (TSX: ALA) announced today that it has successfully completed the sale of its remaining indirect equity interest of approximately 55 percent in its Northwest British Columbia Hydro Electric Facilities (the “Facilities”) for net proceeds of approximately $1.37 billion. The purchase price of $1.39 billion prior to adjustments is largely consistent with the valuation received for AltaGas’ June 2018 sale of 35 percent of its indirect equity interest in the Facilities.
“The sale of our … Continue Reading
CALGARY, Jan. 10, 2019 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today that the January dividend will be paid on February 15, 2019, to common shareholders of record on January 25, 2019. The ex-dividend date is January 24, 2019. 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 has a Premium Dividendâ¢, Dividend Reinvestment and Optional Cash Purchase Plan (the “Plan”) for eligible shareholders of AltaGas. Eligible shareholders who are enrolled in the Plan may have their common share dividends … Continue Reading
CALGARY, Dec. 18, 2018 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that after having taken into account all conversion notices received from holders of its outstanding Cumulative Redeemable Five-Year Rate Reset Preferred Shares, Series E (the “Series E Shares”) by the December 17, 2018 deadline, less than the 1,000,000 Series E Shares required to give effect to conversions into Cumulative Redeemable Floating Rate Preferred Shares, Series F of AltaGas (the “Series F Shares”) were tendered. As a result, none of AltaGas’ outstanding Series E Shares will be converted into Series F Shares on December 31, 2018.
AltaGas … Continue Reading
Incoming President and CEO outlines near-term priorities to drive performance, fund growth and de-lever company
CALGARY, Dec. 13, 2018 /CNW/ – AltaGas Ltd. (AltaGas) (TSX: ALA) today announced the details of its balanced funding plan and outlook for 2019. The plan outlines measures to regain financial strength and flexibility to fund future growth opportunities aligned with the Company’s focus on Midstream and U.S. Utilities.
The Company’s balanced funding plan has been designed to optimize per share cash flow and earnings growth by taking advantage of capital investment and growth opportunities in Midstream and U.S. Utilities, enhancing the value of … Continue Reading
via NewsWire Tagged With: TSX:ALA, TSX:ALA.PR.E
CALGARY, Dec. 3, 2018 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) 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 … Continue Reading
CALGARY, Nov. 29, 2018 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today the timing of its financial and operational outlook conference call. To align the previously discussed “update call” to review AltaGas’ 2019 outlook, capital plan and update on other strategic and operational items with the start date of the recently announced incoming Chief Executive Officer, Randy Crawford, AltaGas intends to host the conference call on Thursday, December 13, 2018.
This call, which will be led by Randy Crawford and Tim Watson, Executive Vice President and Chief Financial Officer, will discuss AltaGas’ 2019 financial outlook … Continue Reading
via NewsWire Tagged With: TSX:ALA, TSX:ALA.PR.E
CALGARY, Nov. 28, 2018 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) 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 … Continue Reading
AltaGas solidifies senior leadership team and readies to execute on opportunities in Gas and U.S. Utilities
CALGARY, Nov. 20, 2018 /CNW/ – AltaGas Ltd. (AltaGas) (TSX: ALA) today announced the appointment of Randall (Randy) Crawford as Chief Executive Officer and member of the Board of Directors, effective December 10, 2018. Mr. Crawford assumes this role from David Cornhill and Phillip Knoll who will continue as interim co-CEOs until the effective date. Mr. Crawford will join the AltaGas senior leadership team in Calgary, Alberta, and will lead the next stages of the company’s ongoing evolution.
Mr. Crawford is … Continue Reading
CALGARY, Oct. 30, 2018 /CNW/ –
Highlights
(all financial figures are unaudited and in Canadian dollars unless otherwise noted)
Delivered $226 million in Normalized EBITDA1 and Advancing Midstream Business