Calgary, Alberta--(Newsfile Corp. - November 7, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its third quarter 2019 financial results. Highlights: Achieved normalized net income 1 of $2.4 million ($0.08 per share) for the third quarter of 2019 compared to an adjusted normalized net loss 2 of $1.3 million ($0.04 per share) in the third quarter of 2018; Achieved net income after tax of $2.8 million ($0.09 per share) for the third quarter of 2019 compared to $0.5 million ($0.02...
Calgary, Alberta--(Newsfile Corp. - October 15, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its third quarter 2019 financial results on Thursday, November 7, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca . About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low carbon...
Calgary, Alberta--(Newsfile Corp. - August 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its second quarter 2019 financial results. Highlights: Achieved normalized net income 1 of $3.8 million ($0.13 per share) for the second quarter 2019 compared to adjusted normalized net income 2 of $3.4 million ($0.11 per share) in the second quarter 2018; Achieved net income after tax of $3.9 million ($0.13 per share) for the second quarter 2019 compared to $3.7 million ($0.12 per share)...
Calgary, Alberta--(Newsfile Corp. - July 18, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its second quarter 2019 financial results on Thursday, August 8, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca . About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low carbon energy,...
Calgary, Alberta--(Newsfile Corp. - July 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced that its wholly owned subsidiary Pacific Northern Gas Ltd. ("PNG") has filed an application with the British Columbia Utilities Commission ("BCUC") for approval of a large volume industrial transportation rate required in its proposed process for allocation of reactivated capacity on its western transmission pipeline (the "Application"). "Filing this Application with the BCUC marks a...
Calgary, Alberta--(Newsfile Corp. - May 9, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") is pleased to announce the final director election results from its 2019 Annual Meeting of Shareholders held on May 9, 2019 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting. The detailed results of the vote are set out below: Nominee Votes For % For Votes Withheld % Withheld Gregory A. Aarssen 23,283,544 99.99 1,715 0.01 Judith J....
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its first quarter 2019 financial results. Highlights: Achieved normalized net income 1 of $20.4 million ($0.68 per share) for the first quarter 2019 compared to adjusted normalized net income 2 of $18.5 million ($0.62 per share) in the first quarter 2018; Achieved net income after tax of $19.2 million ($0.64) per share in the first quarter 2019; Expects commercial development related to...
Calgary, Alberta--(Newsfile Corp. - April 18, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its first quarter 2019 financial results on Wednesday, May 8, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca . Annual General Meeting of Shareholders ACI will hold its Annual General Meeting of Shareholders on Thursday May 9, 2019 at 3:00pm MT (5:00pm ET). The meeting will be held at: The Metropolitan...
Calgary, Alberta--(Newsfile Corp. - April 3, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has completed its $250 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 3.15% and mature on April 6, 2026. The net proceeds resulting from the Offering will be used to repay (i) as to approximately $210 million, a portion of the amount outstanding on the $250 million unsecured term loan which ACI has with a syndicate of lenders,...
Calgary, Alberta--(Newsfile Corp. - April 1, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has agreed to issue $250 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 3.15% and mature on April 6, 2026. The Offering is expected to close on or about April 3, 2019. The net proceeds resulting from the Offering will be used to repay (i) as to approximately $210 million, a portion of the amount outstanding on the $250 million unsecured...
Calgary, Alberta--(Newsfile Corp. - March 7, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its fourth quarter and full year 2018 financial results. Highlights: Achieved normalized net income 1 of $41.8 million ($1.39 per share) for 2018 which is equivalent to $40.5 million ($1.35 per share) 1 when adjusted for ACI's new capital structure; Delivered 6 percent growth in combined utilities rate base, which increased to $886 million at year end 2018 compared to $834 million at the...
Calgary, Alberta--(Newsfile Corp. - February 14, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its fourth quarter and year-end 2018 financial results on Thursday, March 7, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low...
Calgary, Alberta--(Newsfile Corp. - December 5, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has completed its $300 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.26% and mature on December 5, 2028. The net proceeds from the Offering will be used to pay down a portion of the amount outstanding under the promissory note dated October 18, 2018 in the principal amount of $351.2 million held by AltaGas Ltd. The Offering...
Calgary, Alberta--(Newsfile Corp. - December 3, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has agreed to issue $300 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.26% and mature on December 5, 2028. The Offering is expected to close on or about December 5, 2018. The net proceeds resulting from the Offering will be used to pay down a portion of the amount outstanding under the promissory note dated October 18, 2018 in the...
Calgary, Alberta--(Newsfile Corp. - November 21, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced that, further to its recently completed initial public offering (the "IPO") of 16,500,000 of its common shares (the "Common Shares") at a price of $14.50 per Common Share (the "Offering Price"), the over-allotment option granted to the underwriters to purchase up to an additional 2,475,000 Common Shares (the "Over-Allotment Option") at the Offering Price was exercised in full for...
Calgary, Alberta--(Newsfile Corp. - October 31, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced third quarter 2018 financial results for the period ended September 30, 2018. Highlights: With the completion of ACI's Initial Public Offering ("IPO"), ACI is set to deliver on continued rate base growth at its Utilities; ACI expects to deliver a compound annual growth rate of five percent on net income to its shareholders from 2019 through to 2023; Combined Utilities rate base grew to...
Calgary, Alberta--(Newsfile Corp. - October 25, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced the successful closing of the Initial Public Offering (the "Offering") of 16,500,000 of its common shares (the "Common Shares") at a price of $14.50 per Common Share (the "Offering Price) for total gross proceeds of approximately $239 million. The Common Shares are listed on the Toronto Stock Exchange under the symbol "ACI". "We are pleased to welcome our new shareholders to ACI and are...
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