Oct 30 (Reuters) - AltaGas Ltd ALA.TO :
* ALTAGAS ANNOUNCES THIRD QUARTER RESULTS AND FRAMEWORK FOR BALANCED FUNDING PLAN TO BUILD LONG-TERM SHAREHOLDER VALUE
* Q3 ADJUSTED LOSS PER SHARE C$0.07
* Q3 LOSS PER SHARE C$2.78
* Q3 EARNINGS PER SHARE VIEW C$0.05 -- THOMSON REUTERS I/B/E/S
* SUSPENSION OF PREMIUM DIVIDEND REINVESTMENT PLAN, UNTIL FURTHER NOTICE
* ALTAGAS - EXPECTS OVERALL DRIP PARTICIPATION RATE TO MATERIALLY DROP FROM CURRENT LEVELS OF APPROXIMATELY 66 PERCENT AS A RESULT OF PDRIP SUSPENSION
* ALTAGAS WILL UNDERTAKE FURTHER ASSET SALES OF $1.5 TO $2.0 BILLION IN NEAR TERM
* ASSET SALES ARE EXPECTED TO INCLUDE MONETIZATION OF AN ADDITIONAL INTEREST IN NORTHWEST HYDRO FACILITIES
* AS A COMBINED ENTITY WITH WGL, ALTAGAS EXPECTS 2018 NORMALIZED EBITDA TO INCREASE BY APPROXIMATELY 25 TO 30 PERCENT
* AS A COMBINED ENTITY WITH WGL, ALTAGAS EXPECTS 2018 NORMALIZED FUNDS FROM OPERATIONS TO INCREASE BY APPROXIMATELY 10 PERCENT
* ALTAGAS - NOV. 2018 DIVIDEND PAYABLE ON DEC. 17 TO COMMON SHARE HOLDERS WILL BE LAST DIVIDEND PAYMENT ELIGIBLE FOR REINVESTMENT BY PDRIP PARTICIPANTS