RE:RE:latest Motley Fool commentJohnSP wrote: Thanks for link Vega. On ALA:
"The stock is down nearly 50% from its highs" - true only frrom 52 week highs, NOT true from high in 2014 when it is now down 80%!
"Furthermore, more than half of its revenue comes from regulated natural gas distribution." - EXACTLY, very secure and the bulk/(all?) is from Washington DC Utility Company acquisition thus in USD supporting dividend.
Compare to pure Utilty CU, now down 25% from 52 week high, vs ALA down 50%. Its as if non-utility (gas not oil) half of ALA is worth zero.
Way oversold, before COVID, ALA SP was recovering nicely, lots of headroom.
Fully Invested = NFI > ALA > IPL > CU > ENB > CVE > GSY.
PS: Article also discusses PPL, don't like as much as they have been trying to get into LNG plant business, something they have no experience in and normally the big biys domain, ie Shell, XOM, CVE.
I agree with you about PPL. I think it's too risky.