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AltaGas Ltd T.ALA

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

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

Post by Botero99on May 27, 2020 8:08pm
282 Views
Post# 31080627

volume at close - opportunity cost

volume at close - opportunity costHuge volume just at the close. Large transaction but of course there is a seller as well so makes you wonder about the stock. sometimes I think it's a dog other times I'm hopeful. But really if you look at it from a sellers perspective, the economic opportunity cost of holding the stock is very high, in terms of the alternative investments one could get into and make some real money - instead of waiting and waiting and waiting some more. I follow the stock very closely including all of the posts on this site. Doesn't matter what the propane ship trackers or any of us here post, the bottom line is the company is not executing well on its strategy including its communication - large institutional investors see better opportunities. The softer quarters are yet to come so I see a flat to lower share price in the coming months. GLTA. 
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