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AltaGas Reports Solid 2023 Financials, Affirms Outlook
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AltaGas Reports Solid 2023 Financials, Affirms Outlook

AltaGas Ltd. (TSE:ALA) has released an update.

AltaGas Ltd. has reported solid financial results for the fourth quarter and the entire year of 2023, achieving normalized EBITDA within its guidance range and displaying strong performance across its Midstream platform. Despite slightly missing the midpoint for normalized EPS due to increased interest costs, the company confirmed steady operational growth and reaffirmed its financial guidance for 2024. Notably, its global exports business demonstrated robust performance, although it faced some shipping delays at year-end.

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

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