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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGAF | T.ALA.P.A | ATGFF | T.ALA.P.B | T.ALA.P.G | AGASF | 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 Sadie222on Apr 29, 2020 11:42am
197 Views
Post# 30966506

RE:RE:Energy is up

RE:RE:Energy is upYou don’t see Fortis getting caught in surprises like Petrogas, or getting stuck with hemorrhoid issues like Alton. They still have a few things to do. With the ferries docked, the FTS LNG plant will be very slow these days, but it’s not a game-changer.

Botero99 wrote: Very astute comments. If you compare this to a solid utility like Fortis there really is no comparison. The problem is the market is not valuing the business strategy because the leadership team over the years (even though there has been turnover), have been trying to execute on a strategy that's typically higher risk than what we normally see with traditional utilities. Maybe as some have said the leadership team are not getting their message out, since at best they are trading as a hybrid and not a utility. Either way until we see a longer runway of executing on the business strategy and not overpaying for assets, this will continue to be a high beta stock that is not rewarded like Fortis or Emera.


Bullboard Posts