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

Add To Watchlist

TSX:ALA - Post Discussion

AltaGas Ltd > BMO

View:

Post by retiredcf on Apr 17, 2024 8:29am

BMO

BMO Capital Markets analyst Ben Pham previewed earnings results in the income-heavy energy infrastructure sector,

“Q1/24 earnings season kicks off on April 29 with GEI. We have made estimate changes to more than 70 per cent of our coverage and generally expect more ‘in-line/beats’ over ‘misses’ but the magnitude of surprises will probably be contained. Following our analysis of public data sources, proprietary models, and detailed discussions with our coverage, we point to notable potential Q1/24 beats from PPL [Pembina Pipeline], ALA [Altagas Ltd.], and NPI [Northland Power Inc.], and potential quarterly misses from GEI [Gibson Energy Inc.], EMA [Emera Inc.], and BEP [Brookfield Renewable Corp.]. We recommend positioning accordingly into Q1/24 results.”

198