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AltaGas Ltd T.ALA

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

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 Apr 24, 2019 10:25am
140 Views
Post# 29663951

Interest Rates on Hold for longer

Interest Rates on Hold for longerGood news, I doubt we see anymore increases. GDP decresed to 1.2 from 1.7 debt is huge in Canada and 57% are 200 dollars away from going bankrupt. Global growth has slowed. Most likely we see decreases before another increase. The question is were they able to increase enough to be able to decrease to stop a recession. Selling makes no sense today unless they didn't get rid of the DRIP discount which they said they did. If they didn't then large funds are selling to cash in on the immediate 3% return on their DRIP. A short term trade. 
Bullboard Posts