Stocks in Play

AltaGas Ltd.

12:18 PM EST - AltaGas Ltd. : Reported results in line with its expectations and remains firmly focused on achieving its operational and financial objectives for 2018. With normalized EBITDA of $166 million, and normalized funds from operations of $121 million, AltaGas remains well positioned to fund its capital program through internally generated cash flow, its dividend reinvestment program, and normal course borrowings under its credit facilities. AltaGas' net income applicable to common shares for the quarter was $1 million ($0.01 per share), with normalized net income of $23 million or $0.13 per share. AltaGas Ltd. shares T.ALA are trading down $0.38 at $26.09.