Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA.PR.H

Primary Symbol: T.ALA Alternate Symbol(s): T.ALA.PR.B | T.ALA.PR.G | ATGPF | AGASF | ATGAF | ATGFF | T.ALA.PR.A

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

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TSX:ALA - Post Discussion

AltaGas Ltd > Greg Newman - BNN - BUY

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Post by Possibleidiot01 on Jan 04, 2024 3:38pm

Greg Newman - BNN - BUY

BUY

Need to consider anticipated EPS growth rate. In the utility space, ALA is the clear winner on PE and price to growth.

oil / gas

$27.920

Unknown if he owns , sounds likely

WEAK BUY

14.5x PE, versus Hydro One at 17-18x. Great dividend, but payout ratio is high at 109%. Need to consider anticipated EPS growth rate, and this one's flat. Favourable acquisition. Decent. But ALA is the clear winner on PE and price to growth.

electrical utilities

$37.610

Unknown

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Comment by Possibleidiot01 on Jan 04, 2024 3:44pm

More Greg Newman - seems like it was on his mind today. PAST TOP PICK Altagas Ltd(ALA-T) 04/01/2024 (A Top Pick Dec 20/22, Up 29%) Strong commodity tailwinds and utility growth. Balance sheet improving. Still cheap around 12x 2025, growth rate around 11%. Nice annual dividend growth. Very boring, but it works. oil / gas $27.920 ...more

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