AltaGas: Who We Are Our A Leading North American infrastructure company that connects NGLs and natural gas to Vision domestic and global markets. Our To improve quality of life by safely and reliably connecting customers to…
AltaGas: Who We Are Who We Are: A leading North American energy What We Do: Operate a diversified, low-risk, high-growth Our Core infrastructure company that connects NGLs and Utilities and Midstream business that is focused on…
Rate Regulated Utilities Provide Stability and Growth 57% of 2021e normalized EBITDA1 from Utilities Segment 2021e Utility Revenues 1 Alaska: 147,000 customers 1.7 million customers in stable and growing jurisdictions 2 Michigan:…
Premier Midstream Business Leveraging Core Export Strategy Structural Advantage to Markets in Asia Leverage core export strategy and access to premium global pricing to attract volumes 70% from investment grade customers 65% from…
Corporate Counterparty Credit 87% of 2021e normalized EBITDA1 from Utilities and investment grade counterparties Credit Quality Counterparty Credit Risk Mitigants: 57% Utilities with 1.7 million customers Utility & A Diversified…
Corporate Contract Mix 79% of 2021e normalized EBITDA1 from rate Top 5 producers regulated 2020e utilities and take or pay contracts Contract Type 86% of 2021e normalized EBITDA1 underpinned by 6% Utilities low-risk regulated and…
2020 Key Accomplishments Strong execution and focus positions AltaGas for durable long-term value creation Operational Priorities Financial Priorities Utilities Expect to achieve previously stated 2020 guidance ranges (1.275 - 1.325…
2021 Financial Guidance Highlights (CAD unless otherwise noted) Our corporate priorities are on delivering, de-levering, de-risking, investing and executing across all business segments. 4% 1.45 - 1.55 1.45-1.55 1.4 -1.5B…
Utilities 11
Utilities Strategy - Drive Operational Excellence Priorities Maintain safe and reliable infrastructure Enhance overall returns via complementary Utilities businesses and cost-reduction initiatives Distribution Attract and retain…
WGL ROE Strategy Path to earning our allowed returns at WGL Strategy in place with a clear line of sight to reach allowed returns during 2021 Key initiatives to achieving allowed returns: 1. Capital Discipline: Anticipated Return On…
Utilities Segment Capital Spend Disciplined approach to capital focused on strategic projects and Accelerated Replacement Programs Designed to earn immediate returns and increase capital efficiency through approximately 20% growth in…
Summary of Recent Rate Case Filings Focused on timely recovery of capital Most Recent Equity Revenue ROE Rate Case Filed Thickness SEMCO (Michigan) Filed May 31, 2019 Received: US19.9MM Received: 9.87% Received: 54%1 WGL…
Supportive Regulatory Environment for Utilities 2019 YE Allowed ROE Average Utility Rate Base and Equity Regulatory Update Customers (US) Thickness Distribution rates approved under cost of service model. Projected test year used…
Supportive Regulatory Environment for Utilities 2019 YE Allowed ROE Average Utility Rate Base and Equity Regulatory Update Customers (US) Thickness Distribution rates approved under cost of service model. Rate case filed in July 31,…
Accelerated Replacement Program Utility Location Program 2019 rate case settlement provides for a renewed Mains Replacement Program for 2021-2025 with total Michigan spending 60 million and the introduction of a new Infrastructure…
Midstream 19
Our Midstream Strategy is Straightforward Maximize utilization of existing assets and pursue capital efficient high-return expansions Invest Continue to build upon our export competency Midstream Diversify and grow our customer base…
Midstream: Who We Are Integrated Midstream Business from wellhead to global markets NGL Extraction & Fractionation Gas Gathering & Processing 64,000 Bbls/d2 6 Facilities: North Pine, Harmattan, EEEP, 2.25Bcf/d1 Processing JEEP,…
Petrogas Expands and Optimizes Global Export Footprint Multiple interconnects with AltaGas Terminals Positions AltaGas to leverage its existing footprint; Positions AltaGas with industry-leading footprint in NEBC increased touch…
The RIPET and Ferndale Advantages Connecting North American producers to premium LPG prices in Asia The RIPET and Ferndale Advantages results in significant increases in producers realized prices and tailwinds for the broader energy…
Petrogas: A Look at How the Assets Fit Into AltaGas Value Chain Integrated Midstream Business Unparalleled access from wellhead to global markets; including Asia, North America and WCSB 1 Wellhead 2 Gas Gathering & Processing 3 NGL…
The Road Ahead will be Paved with Integration and Optimization Enhancing AltaGas value chain with Petrogas midstream infrastructure, logistics and services offerings will extend and strengthen the companys integrated platform, offering…
Strategic Plan and 2021 Outlook 26
Building a Track Record of Delivering on our Commitments 2019: A Transformational Year 2020: Strong Execution and Focus 2021+ Long-term Vision and Strategy Refocused AltaGas on core Utilities and Resilient and durable results expected…
Executive Summary of Strategic Plan Despite market turmoil, we continue to believe that we have a clear plan for an opaque High-level world. While we recalibrated some of our near-term assumptions to reflect shifts in the Views:…
Strong Growth in Base Business Underpins 2021 Outlook 12% expected growth in normalized EBITDA and 20% expected increase in normalized EPS using mid-point numbers is driven by continued growth in core Utilities and Midstream…
2021 Normalized EBITDA1 Drivers 2021 Normalized EBITDA1 Growth Drivers 2021 Normalized EBITDA1 Guidance Rate base growth through disciplined capital allocation 1.4-1.5 billion Achieving higher returns on equity through operational…
2021 Operational Review Growth in core business more than offsets lost EBITDA from Midstream: Leveraging our core export strategy asset sales, lower frac spreads and other one-time tailwinds that Optimize and increase utilization at…
2021 Disciplined Capital Allocation Strong organic growth drives robust risk-adjusted returns 910 million in top-quality projects anticipated to drive earnings growth Includes: Capital Allocation Criteria: Corp/Other Identified…
Loading...
