In a beleaguered industry, AltaGas is in the relatively fortunate position of having secure growth in its 2016e EBITDA (+20%), FFO (+20%) and FFO/share (+10%) versus 2015 numbers. The Company expects that ~77% of its 2016 EBITDA will come from either contracted power or regulated utilities, with half the remainder coming from take-or-pay arrangements in gas midstream that have no exposure to commodity prices or producer volumes; this is a very different company than the AltaGas of 2010 that earn ....
26 Feb 2016
4Q15 Results: Adj. EPS $0.38 (FCC $0.28)
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4Q15 Results: Adj. EPS $0.38 (FCC $0.28)
AltaGas Ltd. (ALA:TSE) | 0 0 0.5% | Mkt Cap: 4,575m
- Published:
26 Feb 2016 -
Author:
Steven I. Paget -
Pages:
6
In a beleaguered industry, AltaGas is in the relatively fortunate position of having secure growth in its 2016e EBITDA (+20%), FFO (+20%) and FFO/share (+10%) versus 2015 numbers. The Company expects that ~77% of its 2016 EBITDA will come from either contracted power or regulated utilities, with half the remainder coming from take-or-pay arrangements in gas midstream that have no exposure to commodity prices or producer volumes; this is a very different company than the AltaGas of 2010 that earn ....