AltaGas and Keyera Forge Long-Term Agreements to Boost Energy Exports

AltaGas ( (TSE:ALA) ) has issued an announcement.

AltaGas and Keyera have entered into long-term agreements to enhance their infrastructure capabilities and market access. These agreements include Keyera’s 15-year tolling contract at AltaGas’ export facility and AltaGas’ 18-year fractionation agreement at Keyera’s Fort Saskatchewan site, which will help both companies improve cash flow predictability and support growth investments. This collaboration aims to strengthen the Canadian energy industry’s competitiveness by facilitating access to premium Asian markets.

More about AltaGas

AltaGas Ltd. is a company operating in the energy sector, focusing on providing infrastructure and services such as global exports and fractionation services. It operates in markets that include premium Asian destinations, leveraging infrastructure like the Ridley Island Energy Export Facility for liquified petroleum gases exports.

YTD Price Performance: 5.40%

Average Trading Volume: 79,790

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $7.27B

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