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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 May 04, 2018 1:37pm
293 Views
Post# 27983983

RE:District of Columbia E-docket filing

RE:District of Columbia E-docket filingThat actually explains the trading. The deal is 99% done. So WGL trades up to offer price. Receipts and commons trade at same price. Receipts sell off by investors who were hoping for a quick $31.00. However the fact that it is not yet a done deal and another week of waiting was a disappointment to the market. The long term buyers who will step in when the deal is concrete will not invest until that time. So there is dissapointnent that the approval was delayed a week and a lack of new buyers. Explains the trading very well.
Bullboard Posts