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AltaGas says Q2 2026 earnings strength comes from higher LPG export volumes, margins and Pipestone II contribution

PUBT·07/30/2026 10:19:19
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AltaGas says Q2 2026 earnings strength comes from higher LPG export volumes, margins and Pipestone II contribution
  • AltaGas posted Q2 2026 normalized EBITDA of CAD 391 million, driven mainly by higher global LPG export volumes and margins.
  • Record LPG exports to Asia averaged 144,420 bbl/d across 23 VLGCs, including 84,800 bbl/d from RIPET and 59,600 bbl/d from Ferndale.
  • Midstream normalized EBITDA rose to CAD 285 million from CAD 215 million, aided by exports strength and initial contributions from Pipestone II.
  • Utilities normalized EBITDA increased to CAD 142 million from CAD 134 million, supported by modernization investments, new rates, and stronger retail margins.
  • Management lifted 2026 guidance to CAD 2-2.1 billion normalized EBITDA and CAD 2.35-2.6 normalized EPS, citing exports momentum and segment outlook.


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.