AltaGas reports Q1 profit, raises capital spending guidance for 2026

The logo for AltaGas Ltd. is shown. THE CANADIAN PRESS/Handout-AltaGas (Mandatory credit)

CALGARY - AltaGas Ltd. reported $147 million in net income applicable to common shares, down from $392 million in the same quarter last year, weighed down by unrealized losses on its risk management contracts.

The company says the profit amounted to 47 cents per diluted share for the quarter ended March 31, down from $1.31 per diluted share in the same quarter last year.

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