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AltaGas Ltd T.ALA

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

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 jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Bullboard Posts
Comment by Lansing76on Mar 29, 2018 1:15pm
186 Views
Post# 27803694

RE:RE:RE:RE:Considering going "all in"

RE:RE:RE:RE:Considering going "all in"Hey Sarge always nice to hear from you. I think 2018 could be a write off for many dividend paying stocks. The federal limit on $50k passive (dividend) income in corps without a punitive tax should keep sellers active throughout the year. Also the threat of rates rising will reverse eventually as we near our next phase of the business cycle. ALA had all these negatives baked in but also the added uncertainty surround WGL. So it got beat up really badly. I have gone "all in" twice before on 2 other companies and it worked out very well. I can't see a better opportunity out there. Good luck.
Bullboard Posts