AltaGas Ltd. ALA-PK.TO

Headquartered in Calgary, Canada, and founded in 1994, AltaGas Ltd. functions as a prominent energy infrastructure enterprise across North America. Its activities are primarily segmented into two core areas: Utilities and Midstream. The Utilities segment manages rate-regulated natural gas distribution and storage systems, delivering service to approximately 1.7 million clients in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia. This division additionally facilitates inter-state natural gas transmission and storage solutions. The Midstream segment encompasses a broad spectrum of natural gas operations. These include gas gathering and extraction, boasting processing capacities of 1.2 billion cubic feet per day for both extraction and raw field gas. It also handles fractionation, liquid handling, and the marketing of natural gas and natural gas liquids. Further, the Midstream operations extend to LPG export, distribution, and comprehensive logistical support such as trucking, rail terminals, and liquid storage facilities. Beyond these, AltaGas operates gas-fired power generation and distribution assets in California and Colorado, capable of generating 578 megawatts of electricity. The company's diverse clientele, notably within the Western Canada Sedimentary Basin, spans residential, commercial, and industrial sectors.

Sector

Utilities

Industry

Regulated Gas

Country

CA

Employees

3,045

Website

altagas.ca