Since 1994, AltaGas' objective has been to build a portfolio of energy assets and services that are capable of generating long-term, stable cash flow. To provide this stability, we focus on assets that are diversified in terms of their revenue source, contractual terms, exposure to industry cycles and geographic location. Today, our mix of assets in the operating entities of AltaGas provide us with a combination of regulated cost-of-service and fee-for-service revenue.
We own and operate interests in natural gas extraction and transmission; coal-fired, gas-fired and hydro power generation; natural gas field gathering and processing; and energy services. We complement these assets with a full range of energy services including natural gas and NGLs marketing, gas transportation and the wholesale marketing of power.
Our philosophy has always been that the best measures of a business' long-term viability and value are its net income, cash flow and return on equity. The importance of these traditional financial measures is driven by sound business fundamentals.
Today, by positioning ourselves strategically along the energy value chain, from wellhead and power generation to energy services, we link the energy producer to the energy end-user. Far from a static entity operating the same assets year after year, AltaGas is a growth business. We are well connected to the growing North American demand for natural gas and power, and we are pursuing a strategy to increase our portfolio of assets and services in business lines in which we have expertise.
AltaGas' units trade on the Toronto Stock Exchange under the symbol ALA [1].
AltaGas is included in the following Toronto Stock Exchange Indices:
S&P/TSX Composite Index
S&P/TSX Completion Index
S&P/TSX Capped Equity Index
Links:
[1] http://www.stockwatch.com/utilit/utilit_snapsh_result.aspx?action=go&symbol=ALA&region=C&lookup=symbol&snapshot=default