AltaGas Ltd: A New Era of Growth and Stability

AltaGas Ltd, a Canadian utility company that’s been flying under the radar, has just made a series of announcements that are set to shake up the industry. The company has secured a long-term global exports tolling agreement, a move that’s expected to significantly reduce its long-term commodity exposure and advance its commercial de-risking.

But that’s not all - Keyera Corp has just doubled its natural gas volumes to be shipped via AltaGas’ terminal in British Columbia, with the volume set to rise under a 15-year tolling agreement. This is a major coup for AltaGas, and it’s clear that the company is poised for growth.

The implications of these developments are clear: AltaGas is on the cusp of a new era of stability and growth. The company’s stock price has already experienced a moderate increase in recent days, and it’s likely that this trend will continue.

Here are just a few reasons why AltaGas is a company to watch:

• Reduced commodity exposure: The long-term global exports tolling agreement is expected to significantly reduce AltaGas’ long-term commodity exposure, making it a more stable and secure investment.
• Increased revenue: The 15-year tolling agreement with Keyera Corp is set to bring in significant revenue for AltaGas, and it’s likely that this will have a positive impact on the company’s financials.
• Growth and expansion: The company’s terminal in British Columbia is set to become a major hub for natural gas exports, and it’s likely that AltaGas will continue to expand its operations in the region.

In short, AltaGas Ltd is a company on the move. With its reduced commodity exposure, increased revenue, and growth potential, it’s clear that this is a company to watch.