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

AltaGas Ltd > reached my tolerance limit

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Comment by SargeXon Jul 08, 2020 3:07pm

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Post# 31241074

RE:RE:RE:RE:reached my tolerance limit

Hey JF

I wish it had been at $12. Our initial buy was Aug 18, 2010 at $20.25 and we added a bit so our average is $22.51.

The part that irks me the most is that this will all just bad management. ALA used to have great assets and a great plan and was actually our favourite stock for quite a stretch.

Take her easy
Sarge

JohnFriesen wrote:

SargeX wrote: Hey JF

Big friggin' deal selling 450 shares that we've held for 10 years for a total profit of $43.

If you bought ALA back then, you should have paid less than $12/share, which would have given you at least some profit, especially considering the dividends.

Regardless, I think we are all quite disappointed in this stock and their management. I owned it for the assets they sold, so have serious doubts I will ever buy it again. I did tarde it a bit, but now am gunshy that I may get caught holding it long term, and I have no intention of doing that. There are far too many stocks that I actually like, why would I hold something that I have to worry about?

My apologies for bugging ya, I just get bored some days. This market is a tough one to play unless one wants to buy some Covid-related pump-and-dump krap.

All the best.