Wednesday, December 15, 2021
11:19 AM EST – AltaGas Ltd. : Announced its 2022 guidance and outlook; provided an update on its long-term strategic plan, and released its 2021 Environment, Social and Governance (ESG) report, including sustainability goals. 2022 normalized EPS guidance was $1.80 – $1.95 represents approximately nine percent year-over-year growth using mid-point guidance figures. 2022 normalized EBITDA guidance of $1.50 billion – $1.55 billion represents approximately 2% year-over-year growth using mid-point guidance figures. Strong growth in AltaGas’ core Utilities and Midstream businesses are expected to offset lost contribution from the U.S. Transportation and Storage business, which was divested in the second quarter of 2021 and had an outsized contribution prior to its sale. AltaGas Ltd. (T.ALA ) shares were up $0.16 at 25.66.
Stocks in Play: AltaGas Ltd., Wed, 15 Dec 2021 11:27:06 EST