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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGAF | T.ALA.P.A | ATGFF | 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
Comment by YodaLayhehooon Jan 09, 2019 7:10am
133 Views
Post# 29204463

RE:RE:More analysis than crystal ball

RE:RE:More analysis than crystal ball
If they have EPS at around $1.20 per share with a PE of 20 the value of the company would be $24. They will likely have EPS around that area the unknown is the PE multiple. Right now they are being valued at 11x PE. About a 50% discount to peers. Even banks which are slow moving giant companies trade between 12x-15x PE. The chances are greater we see a re-rate higher at the current valuation. We know they are focused on growing EPS and we know they dividend of .96 is less than the the EPS. Under any normal valuation I'd agree we should be sitting at $20 plus. This looks like more of a bear trap than bull trap to me
Bullboard Posts