AltaGas Reports Third-Quarter 2026 Financial Results
AltaGas reported normalized EBITDA of $389 million, up from $268 million a year earlier, and normalized EPS of $0.29 versus $0.04. GAAP EPS was a loss of $0.07. LPG exports to Asia reached a quarterly record 147,176 Bbl/d, up 11% year over year.
AltaGas Ltd. reported its third quarter 2026 financial results, highlighting a normalized EBITDA of $389 million, up from $268 million in the same period last year. The company achieved a normalized EPS of $0.29, compared to $0.04 in the third quarter of 2025, while GAAP EPS was a loss of $0.07. Growth was primarily driven by increased global export volumes and margins, as well as strong performance in fractionation and liquids handling.
AltaGas exported a record 147,176 Bbl/d of LPG to Asia during the quarter, an 11% year-over-year increase. Management stated that the company expects to finish the year with momentum and deliver financial results toward the high end of its recently increased 2026 guidance range.