AltaGas Ltd T.ALA

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

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.

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AltaGas Ltd

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Comment by pjn0987654321on Sep 19, 2018 11:30am

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Post# 28647258

RE:RE:RE:RE:We will be at ZERO by November

I don't follow Thomson Reuters so I've no idea how accurate their model is. If it's like most models, then it's probably not very accurate and is just following the market. That is the case with the Morningstar valuations that I see from time to time.

Certainly ALA's contracted agreements cannot have disappeared. Some may be sold with the ACI IPO but then they would fetch a premium price.

Steppenwolf55 wrote: And yet Thomson Reuters just downgraded their overall rating from 6 to 5 based on the earnings and risk components of their evaluation. I stayed long and averaged down, but it makes me wonder what they have suddenly noticed that I don't see.

pjn0987654321 - (9/19/2018 10:37:57 AM)
RE:RE:We will be at ZERO by November
It is worth remembering that guidance has been maintained for the rest of 2018 and for beyond that, "approximately 80% of normalized EBITDA is contracted with medium and longterm agreements".