AltaGas Analyst Presentation March 2008 Forward-looking information Certain information presented today may constitute forward-looking statements with respect to AltaGas Income Trust (AltaGas). Such statements reflect the Trusts…
2007 in Review 2007 Another successful year Continued discipline in natural gas and power businesses Moving toward greater balance between segments Intersegment diversification continues to prove results Extraction and…
Net income ( Millions) 140 114.5 114.2 120 108.8 100 90.3 80 65.8 60 38.3 40 20 0 2003 2004 2005 2006 2007 Q1 Q2 Q3 Q4 SIFT tax adjustment 5 Net income per unit 2.25 2.06 1.90 1.99 2.00 1.75 1.67 1.50 1.33 1.25…
Positioned to Succeed AltaGas today The gas business Diversified and integrated infrastructure touching more than 2 Bcf/d of natural gas 6 NGL extraction and 3 fractionation facilities with 1.6 Bcf/d of inlet capacity and…
Gas business results 70 63.4 60.0 59.3 60 Operating Income ( millions) 50 47.8 43.1 40 28.2 30 20 10 0 2002 2003 2004 2005 2006 2007 11 Strong long-term extraction performance Frac hedges for 45% of…
AltaGas today The power business Supplies 5% of Albertas electricity demand Rights to 353 MW of coal-fired generation until 2020 39.4 MW of gas-fired peaking capacity Small run-of-river hydro interest in B.C. Strategy to hedge…
Strong long-term power performance Approximately two-thirds of 2008 PPA volumes hedged at 76/MWh, up from 66/MWh in 2007 Power price AECO price 90 9 80 8 AECO Gas Price (/GJ) Power Price (/MWh) 70 7 60 6 50 5 40 4…
Other major asset growth 2007 Sarnia gas storage 50% ownership 5.3 Bcf working capacity with 52 Mmcf/day of deliverability FG&P optimization and growth 6.5 million to upgrade and expand existing facilities Added 15 Mmcf/d of CBM…
Demonstrated energy to GROW in 2007 Acquisitions and Organic AltaGas assets at March 1, 2008 In addition, the Sarnia Storage project is currently under development in Sarnia, ON 20 Location of hydro facilities not…
Taylor assets Gas Harmattan Extraction Plant Younger Extraction Plant Joffre Extraction Plant (remaining 50%) RET Complex Ethylene Delivery System Joffre Feedstock Pipeline Power Boston Bar run-of-river facility (25% of 7 MW)…
Improved business diversification AltaGas 2007 EBITDA AltaGas + Taylor 2007 Pro Forma EBITDA* 24% Extraction & Transmission Field Gathering & Processing 39% 40% Energy Services 51% Power Generation 22% 2% 3% 19% 173.7…
AltaGas and Taylor pro forma 2007 income statement ( millions, except AltaGas Taylor Pro Forma per unit) Net revenue 324.0 103.9 425.1 EBITDA* 173.7 52.7 223.1 Operating income 126.6 35.4 156.3 Income before tax 114.7 27.0…
Whats NEXT. Planned capital expenditures 250 million in 2009 Total estimated Project In-service date project cost Bear Mountain 190 M for 100% of Nov. 2009 Power Wind Park project 90 million Log Creek and 2010 60 - 70 M…
Continued profitable growth: gas Pursuing new gas opportunities Additional gas storage assets in Eastern Canada or U.S. Freeing up spare capacity to move butane on Ethylene Delivery System 50 million per year to optimize, expand,…
Continued profitable growth: power Diversification of power portfolio By geographic location (Alberta 77%, B.C. 23%) By fuel type (coal 69%, gas 8%, wind 9%, hydro 14%) Pursuing coal, gas and renewable generation 14.4 MW of gas…
Positioned to grow Integration is underway and will be seamless Balanced asset base Excellent business outlook for gas and power Capable and experienced management team Excellent portfolio of high-quality growth opportunities…
Taylor transaction overview November 12: Take-over bid for Taylor announced 11.20 cash or 0.42 of an AltaGas trust unit January 10: Acquisition closed Final consideration of offer - 598.7 million 198.9 million in equity 7.7…
Loading...
