CALGARY – AltaGas Ltd. reported a third-quarter loss of $21 million attributable to common shares compared with a loss of $25 million in the same quarter last year.
The natural gas infrastructure company says the loss amounted to seven cents per diluted share for the quarter ended Sept. 30 compared with a loss of eight cents per diluted share a year earlier.
On a normalized basis, AltaGas says it earned 29 cents per diluted share in its latest quarter compared with a normalized profit of four cents per diluted share a year ago.
Revenue for the quarter totalled $3.43 billion, up from $2.60 billion in the same quarter last year.
AltaGas CEO Vern Yu says the company is carrying strong momentum into the fourth quarter and now expects to deliver full year financial results towards the high-end of its 2026 guidance ranges.
In its outlook, the company has said it expects normalized earnings per share for 2026 between $2.35 and $2.60, up from its actual normalized earnings per share of $2.23 in 2025.
This report by The Canadian Press was first published Oct. 29, 2026.
Companies in this story: (TSX:ALA)