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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

Utilities Utilities - Regulated Gas Utilities
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

AltaGas Ltd
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Comment by Vega1357on Apr 12, 2020 12:32pm
107 Views
Post# 30900686

RE:RE:Something unusual here

RE:RE:Something unusual here
newcoin wrote: The market is always forward thinking. The market can see the light at the end of the tunnel. All the stimulus will just add to the briliant turn around. A double puch for the markets to go up.

Vega1357 wrote: The recession is just beginning (and it's going to be a bad one) and the stock market is already seeing the light at the end of the tunnel. There is something wrong here.

https://www.marketwatch.com/story/16-million-people-just-got-laid-off-but-us-stocks-had-their-best-week-in-45-years-2020-04-10?mod=home-page




Sometimes the forward looking market sees things that aren't there, sort of like the emperor's new clothes. Yesterday I heard an analyst or economist on cable news saying that he expects an L shaped recovery, which really isn't much of a recovery at all. I don't know with any certainty what is going to transpire, but I really doubt it will be V shaped. Consequently, I think it would be prudent to have lots of cash on hand being prepared for any scenario. 


https://www.ccn.com/1-5-trillion-bank-fears-brutal-l-shaped-recovery-and-another-sp-500-nosedive



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