15:22:28 EST Tue 24 Feb 2026
Enter Symbol
or Name
USA
CA



AltaGas Ltd
Symbol ALA
Shares Issued 311,285,447
Close 2026-02-23 C$ 45.40
Market Cap C$ 14,132,359,294
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Globe says AltaGas's Asian sales show how to dump Trump

2026-02-24 08:56 ET - In the News

The Globe and Mail reports in its Tuesday edition that back in 2012, AltaGas faced a shrinking U.S. market for its propane, so the Calgary energy company turned to Asia. The Globe's Steven Chase writes that in 2025, AltaGas was exporting $2.9-billion a year of liquid petroleum gas to Asia, a majority of it propane, and had secured a sizable share of the Japanese market. As well, its business is growing in China and South Korea. It is a story that has received far less attention than Canada's success at starting liquefied natural gas exports to Asia last year, or the increase in Canadian oil exports to China after the expansion of capacity on the Trans Mountain pipeline. With a U.S.-initiated trade war weighing on the Canadian economy and clouding the future of continental free trade, finding overseas markets for Canadian resources has become a priority for governments and businesses alike. AltaGas has already done for propane and butanes what executives and politicians are now trying to do for countless other products that are made or extracted here. Its success is an indication of what may be possible for resources, and a reminder that such overseas expansion often relies upon investment in export terminals at home.

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