AltaGas Ltd. Posts Strong Q2 2025 Earnings, Eyes Continued Growth
AltaGas Ltd. has delivered a robust second quarter 2025 performance, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rising by 16% despite revenue falling short of expectations. This impressive growth is a testament to the company’s strategic focus on its midstream operations, which continue to drive its success.
The company’s key projects remain firmly on track, with a significant milestone achieved in securing a long-term agreement with Pembina Pipeline to export liquefied petroleum gases. This landmark deal provides a highly competitive outlet for AltaGas’ products, underscoring the company’s ability to capitalize on emerging opportunities.
The partnership with Pembina Pipeline is expected to have a positive impact on the end-market diversification for both companies, as well as their customers. This strategic move is a key component of AltaGas’ growth strategy, which aims to expand its customer base and increase revenue streams.
Notably, AltaGas has reaffirmed its fiscal year outlook, demonstrating the company’s confidence in its ability to deliver on its commitments. The stock price has shown a moderate increase over the past year, reaching a new high in July, a clear indication of investor confidence in the company’s prospects.
Key Highlights:
- EBITDA increased by 16% in Q2 2025
- Midstream operations continue to drive growth
- Long-term agreement with Pembina Pipeline to export liquefied petroleum gases
- Partnership expected to enhance end-market diversification for both companies
- Fiscal year outlook reaffirmed
- Stock price reaches new high in July