AltaGas Ltd T.ALA

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

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AltaGas Ltd

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Comment by Vega1357on Mar 30, 2020 12:42pm

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Post# 30860455

RE:RE:IPL cuts

I just learned the news about IPL. It doesn't surprise me although the size of the dividend reduction does. I was searching for a reason why ALA was down today with the stock indexes being up. Now I know. People are fearing that ALA will do the same. I don't know if it necessarily follows that because IPL cut their dividend that ALA will follow suit. I don't think it will happen as ALA's payout ratio is much lower.

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