AltaGas Ltd

AltaGas Ltd., founded in 1994 and headquartered in Calgary, Canada, functions as a prominent energy infrastructure enterprise across North America. The company's operations are strategically divided into two main segments: Utilities and Midstream. The Utilities segment oversees rate-regulated natural gas distribution and storage facilities, serving approximately 1.7 million customers across Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia. This division also plays a crucial role in providing interstate natural gas transportation and storage solutions. The Midstream segment is heavily involved in natural gas gathering and extraction, featuring substantial capacities of 1.2 billion cubic feet per day (Bcf/d) for both raw field gas processing and extraction. This segment also encompasses fractionation, liquids handling, and the marketing of natural gas and natural gas liquids (NGLs). Furthermore, its activities include LPG exports and distribution, alongside comprehensive logistics, trucking and rail terminals, and liquid storage services. Beyond these core segments, AltaGas owns and operates gas-fired power generation and distribution facilities in California and Colorado, which collectively produce 578 megawatts of power. The company primarily serves residential, commercial, and industrial clients, with a significant presence in the Western Canada Sedimentary Basin.