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EBIT by Segment
Reveals the profitability of each business segment, indicating where the company is most efficient and where operational improvements might be needed.AltaGas's Utilities segment shows significant volatility but has recently rebounded, with a notable increase in Q1 2025. This aligns with the earnings call highlighting a 15% rise in normalized EBITDA due to colder weather and cost management. The Midstream segment, however, faces financial challenges, with a decline in normalized EBITDA attributed to lower export margins and missing one-time benefits. Despite these challenges, AltaGas is advancing its midstream projects and achieving record export volumes, indicating strategic focus on growth and resilience amidst market volatility.
Date | Utilities | Midstream | Corporate |
|---|---|---|---|
Mar 31, 2025 | C$446.00M | C$204.00M | -C$137.00M |
Dec 31, 2024 | C$186.00M | C$181.00M | -C$136.00M |
Sep 30, 2024 | C$24.00M | C$123.00M | -C$127.00M |
Jun 30, 2024 | C$31.00M | C$46.00M | -C$123.00M |
Mar 31, 2024 | C$384.00M | C$297.00M | -C$140.00M |
Dec 31, 2023 | C$207.00M | C$79.00M | -C$125.00M |
Sep 30, 2023 | -C$16.00M | C$61.00M | -C$96.00M |
Jun 30, 2023 | C$105.00M | C$181.00M | -C$104.00M |
Mar 31, 2023 | C$590.00M | C$138.00M | -C$109.00M |
Dec 31, 2022 | C$80.00M | C$113.00M | -C$115.00M |