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

AltaGas Ltd

Bullboard Posts

Post by JMeenon Sep 07, 2018 4:02pm

173 Views

Post# 28582092

Stock Beaten down

I can see that perhaps the stock has been beaten down for the purposes of arranging and Equity Issue, say at $ 24.00.

CIBC has been the big seller so perhaps they are the lead in any Equity issue and have positioning the Stock.

I have reviewed the Short list as early as last Month and saw nothing that plays into the recent fall. I think the CEO parted ways with the Board as to how to combat the Excess Debt issue.

So ther you have an amatuers opinion who is Long, with his nose above water but not by much.

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