Overview
AltaGas is a leading North American energy infrastructure company that gathers, generates, processes, stores, and sells natural gas and NGLs to customers across North America. Through its regulated natural gas utilities – Washington Gas and SEMCO – Altgas serves approximately 1.6 million customers across Virginia, Maryland, Michigan, and the District of Columbia. The company transacts more than 1.2 billion cubic feet of natural gas and NGLs, including
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Read More gas gathering and processing, NGL extraction and fractionation, logistics, liquids handling, and global export. Nearly 65% of the company's revenue comes from Canada. AltaGas was founded in 1994.
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Read More gas gathering and processing, NGL extraction and fractionation, logistics, liquids handling, and global export. Nearly 65% of the company's revenue comes from Canada. AltaGas was founded in 1994.
Read Less
Vern D. Yu
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Oil and Gas Extraction
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Natural Gas Distribution
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Electric Power Generation, Transmission and Distribution
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Petroleum and Petroleum Products Merchant Wholesalers
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General Freight Trucking
See All Industries , Crude petroleum production , Gas transmission and distribution , Distribution, electric power , Petroleum products, nec , Petroleum terminals Local trucking with storage
See Fewer Industries
See All Industries , Crude petroleum production , Gas transmission and distribution , Distribution, electric power , Petroleum products, nec , Petroleum terminals Local trucking with storage
See Fewer Industries
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Actual
$8.87 billion
Actual
-4.22%
-11.44%
$26,092
DEC
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Toronto:ALA
Contacts
Get in Touch with 16 Principals* and 108 Contacts
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Vern D. YuPresident and Member of the Board of Directors
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$8.87 billion
USD
Actual
1 USD = 1.4029 CAD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $1,096 | $799 | $384 |
Net Investing Cash | -$980 | -$142 | -$711 |
Net Financing Cash | -$125 | -$629 | $310 |
Net Change in Cash | -$9 | $29 | -$16 |
Cash at Beginning of Period | $74 | $46 | $60 |
Cash at End of Period | $66 | $74 | $46 |
Capital Expenditure | -$990 | -$672 | -$683 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $61 | $68 | $38 |
Accounts Receivable | $1,168 | $1,242 | $1,473 |
Inventories | $482 | $604 | $817 |
Other Current Assets | $299 | $257 | $978 |
Asset Summary | |||
Total Current Assets | $2,009 | $2,171 | $3,306 |
Tangible Fixed Assets | $10,795 | $9,313 | $8,530 |
Intangible Assets | $98 | $105 | $113 |
Total Assets | $26,092 | $23,471 | $23,965 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $ | $ | $ |
Short-Term Debt | $619 | $804 | $442 |
Other Current Liabilities | $1,876 | $1,629 | $1,987 |
Liability Summary | |||
Total Current Liabilities | $2,495 | $2,433 | $2,429 |
Long-Term Debt | $6,425 | $5,895 | $6,574 |
Other Long-Term Liabilities | $1,003 | $925 | $873 |
Total Liabilities | $12,151 | $11,126 | $11,653 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $5,118 | $5,075 | $4,819 |
Retained Earnings | -$422 | -$582 | -$814 |
Equity Summary | |||
Total Equity | $6,239 | $5,498 | $5,315 |
Shares Outstanding | 297,925,015 | 294,903,763 | 281,531,833 |