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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGAF | ATGFF | T.ALA.P.A | T.ALA.P.B | AGASF | T.ALA.P.G | T.ALA.P.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
Post by canneon Nov 28, 2018 7:29pm
234 Views
Post# 29036770

can't believe this

can't believe thishttps://www.bnnbloomberg.ca/market-call/jason-mann-discusses-altagas~1551256 the folks at Scotia convinced me to buy Altagas receipts at $31 and this has turned out to be the worst investment of the year for me. I will be seeking new "wealth" management advice as they are still convinced this is a good investment. The Jason Mann interview has a completely different view of ALA, his company being short (still is) and saying this company is still overvalued at $14. I visited Calgary this past week and one thing is for sure, the oil and nat gas situation is the grimmest anyone can remember. I can remember decades ago when there were warnings about being completely dependent on the US, well now we have the nightmare president and all the past short term thinking has landed Alberta and the country in very hot water. The next stage of this nightmare is when the Americans come up here and buy these companies for peanuts and sell us back our resources at whatever price they want.
Bullboard Posts