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AltaGas

TSX:ALALive AI agent

AltaGas, a Canadian corporation, is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy.

Investor website: https://www.altagas.ca/

About

AltaGas, a Canadian corporation, is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy. We operate a diversified, lower-risk, high-growth Utilities and Midstream business that is focused on delivering resilient and durable value for our stakeholders.

Verified company data

Cash position
$0.114B
Shares outstanding
312 million
Fully diluted shares
not discovered
Mineral resource
not discovered
Projects
["Pipestone II Project\n\nLocation: Alberta Montney\nCapacity: 100 MMCF/D\nFuel Type: Gas and NGL\n\nPipestone II is currently under construction and is fully owned and operated by AltaGas. It will provide an additional 100 MMcf/d of sour deep-cut natural gas processing capacity and an additional 20,000 Bbls/d of liquids handling capabilities. The project is adjacent to Pipestone, which AltaGas acquired in December 2023, and is being constructed on a fixed price turnkey basis for the majority of the capital costs. When complete, this project will deliver critical gas processing and liquids handling capacity in the Pipestone region of Alberta, which is one of the fastest growing liquids-rich natural gas developments in Canada.","North Pine Liquids Separation Facility\n\nLocation: North Pine, BC\nCapacity: 20,000 bbls/d\nOperator: Yes\nFuel Type: C3+ and C5+\nOwnership: 100%\n\nThe North Pine Natural Gas Liquids (NGL) Facility project is located approximately 40 kilometres northwest of Fort St. John, British Columbia. The North Pine facility is the only custom fractionation plant in B.C., providing area producers with a lower cost, higher netback alternative for their NGLs than transporting and fractionating in Edmonton. The first train of the North Pine facility is capable of processing up to 10,000 Bbls/d of NGL mix. The second train, commissioned in the first quarter of 2020, provides an additional 10,000 Bbls/d of NGL mix. The North Pine facility is connected via the North Pine pipelines to the Townsend truck terminal which has a capacity of 10,000 Bbls/d and is contracted through long-term supply agreements with the producers at the Townsend and Aitken Creek facilities. The North Pine facility is also connected to the Tourmaline Gundy facility, and has access to the CN rail network, allowing for the transportation of propane, butane, and condensate to North American markets and propane to global markets via RIPET.","Townsend Complex\n\nLocation: British Columbia\nCapacity: 198 Mmcf/d\nOperator: Yes\nFuel Type: Sweet Gas\nOwnership: 100%\n\nAltaGas owns and operates the Townsend Complex, associated gas gathering system and the Townsend Truck Terminal (TTT). Located approximately 100 kilometres north of Fort St. John and 20 kilometres southeast of AltaGas’ existing Blair Creek Facility, the Townsend Complex has the ability to process 198 Mmcf/d. A 25 kilometre gas gathering line connects the Blair Creek field gathering area to the Townsend Complex. As well, two 30 kilometre liquids egress pipelines connect the Townsend Complex to the TTT located off the Alaska Highway at mile 95. In 2014, AltaGas and Painted Pony Petroleum Ltd. entered into a 15-year strategic alliance for the development of processing infrastructure and marketing services for natural gas in British Columbia. The strategic alliance will provide for the development of essential liquids-rich gas processing infrastructure in Northeast British Columbia."]
Leadership
Vern D. Yu (President and Chief Executive Officer, Leads the development and execution of AltaGas’ strategy with over 30 years of experience in energy infrastructure, previously at Enbridge Inc.), Sean Brown (Executive Vice President and Chief Financial Officer, Responsible for financial strategy and corporate development, joined AltaGas in 2026 after serving as CFO at Gibson Energy), Corine Bushfield (Executive Vice President and President, Utilities, Oversees Utilities business and human resources, joined AltaGas in 2016), Randy Toone (Executive Vice President and President, Midstream, Provides leadership for Midstream division, joined AltaGas in 2016), Karen Uehara (Executive Vice President and Chief Legal Officer, Oversees legal function and procurement, with over 20 years of legal expertise), Hejdi Carlsen (Senior Vice President, Chief Safety, Sustainability & Communications Officer, Oversees EHS and corporate communications with over 30 years of experience in energy and logistics sectors)

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