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AltaGas Ltd T.ALA

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

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Post by masfortunaon Jul 08, 2020 8:53pm
189 Views
Post# 31242804

Seriously

SeriouslyGuys and gals i must say I am a little confused.  I am reading a lot of posts by disgruntled investors and I am really trying hard to make sense of this.  The way I see it, when you invested in ALA, you must have thought it was a good play at the time. Stating AFTER the fact that management mad some mistakes is counter-intuitive.  I am pretty sure that when ALA management made those decisions in the past, you agreed with them.  If you thought management had made a mistake, then why stick with it at the time?  As it stands we will know in 3 weeks exactly how much ALA  revenue has been affected by the pandemic.  I am willing to bet that Q2 2020 revs will actually be higher than Q2 2019.  Any takers?
Mas
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