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AltaGas Ltd T.ALA

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

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 Vega1357on May 04, 2020 4:16pm
289 Views
Post# 30985199

ALA and RNW -- keeping score

ALA and RNW -- keeping scoreLast week I sold my ALA and bought RNW, and I want to tell all of you how things are going. Today ALA dropped 0.6% while RNW went up 1.7%. I attribute this to the fact that ALA became somewhat over-extended last week and is still correcting to a more normal value relative to other utiltity stocks, while RNW was somewhat oversold and is now recovering as the stock approaches its dividend record date on May 15. The monthly dividend is an attractive $0.078 per share, folks, so make sure to get yourself some. I will. 
Bullboard Posts