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AltaGas Reports Strong Growth and Expansion Plans
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AltaGas Reports Strong Growth and Expansion Plans

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AltaGas (TSE:ALA) has released an update.

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AltaGas Ltd. has showcased a robust financial performance in the second quarter of 2024, marked by a significant increase in normalized earnings per share (EPS) and normalized earnings before interest, taxes, depreciation, and amortization (EBITDA). The growth is attributed to record global export volumes and effective cost management within its Utilities and Midstream segments. The company is also progressing with key growth projects, including a final investment decision on the Ridley Island Energy Export Facility.

For further insights into TSE:ALA stock, check out TipRanks’ Stock Analysis page.

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