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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 Mar 08, 2019 3:57pm
153 Views
Post# 29463370

RE:RE:RE:RE:RE:RE:Bought more

RE:RE:RE:RE:RE:RE:Bought moreAlso good to remember that " cars on the road doesn't really matter to ALA. They aren't producing oil or gas they are processing it. Their main focus right now it also propane which is used for cooking and heating homes in asia. It's everywhere still believe me. I've lived in Japan Taiwan Korea and Hong Kong. On top of this ALA is over 50% utility supplying gas to homes for heating. I don't see anything changing that in out lifetimes. Gas prices being cheap actually helps ALA in 2 ways as electric heat can't compete and it makes their export facilities very attractive. Producers will bid up any chance to get their gas out of the country. Asia is not even close to being off gas. I believe we are in a weird time right now where we can see where the future should and will eventually go but actually getting there is a lot easier said then done. Every person born today will die before we are off using gas to heat homes in the northern countries. The amount of energy the world needs is not shrinking and the use of oil ans gas is growing not shrinking. We hit all time highs for oil and gas consumption in 2018. The stuff you read and see online it's almost like people think we can snap our fingers and be off oil. It doesn't work like that and as for ALA and the gas they supply to heat homes even more difficult to change. Who here wants to pay to change their gas furnace to a complete different system next year ... 5 years from now... 10 years.. 20 years...  A replacement heating technology that can compete isn't even being used yet. Once and if that ever becomes available I guess it take 20-25 years for people to switch over. That tech also will have to be cheaper than gas is which is pretty tough to do. 
Bullboard Posts