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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
Post by YodaLayhehooon Mar 01, 2019 10:28am
140 Views
Post# 29428454

If you want to value the company

If you want to value the company Look at the multiples they are selling their assets at. That is the true value of the assets in the market at real time. Then think about the barriers to entry for a new utility. A competing company would have to lay 1000's of kilometers of pipe all over the country than convience a state to let them try to do that and get paid never going to happen. So what's that worth? A lot. 

The multiples range from 5x ebidta for the c rap power assets in California to 27x for hydro assets. I think they'll get around 10x for the the mid stream. 

If they sold the company for 10-12x their ebitda the company is worth between 13 billion - 15.6 billion. The barriers to entry kick back would be to assume the debt on top of that like ALA did with WGL. 

The company currently trades a 4 Billion a total joke i'm surprised no one has made an attempt at a hostile takeover
Bullboard Posts