AltaGas Q2 FY26 normalized EBITDA rises 14% to C$391 million; revenue climbs to C$3.8 billion

Reuters2026/07/30 10:51

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AltaGas posted Q2 normalized EBITDA (non-GAAP) of CAD 391 million, up 14% year over year, with normalized EPS (non-GAAP) at CAD 0.31.
Income before income taxes climbed to CAD 383 million from CAD 226 million, while GAAP EPS rose to CAD 0.92 from CAD 0.59.
Midstream normalized EBITDA (non-GAAP) increased to CAD 285 million from CAD 215 million, supported by record LPG exports to Asia of 144,420 bbl/d.
2026 guidance increased to normalized EBITDA (non-GAAP) of CAD 2.0 billion-CAD 2.1 billion, with normalized EPS (non-GAAP) at CAD 2.35-CAD 2.60.
REEF Phase I was about 85% complete; project cost estimate lifted 12% to about CAD 1.5 billion, with commercial operations expected before end-Q1 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AltaGas Ltd. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AltaGas Q2 FY26 normalized EBITDA rises 14% to C$391 million; revenue climbs to C$3.8 billion

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