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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

Utilities Utilities - Regulated Gas Utilities
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 > Just say'in
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Comment by Vega1357on Jul 10, 2020 4:29pm
143 Views
Post# 31253676

RE:RE:Just say'in

RE:RE:Just say'in
Vega1357 wrote:
Johnwith30years wrote: For those advocating buying AQN vs ALA  I note that today ALA is up on a red day by 1.5% and AQN is down by 2.68%

One day doth not a summer make  but for my money looking forward I see more upside in ALA than AQN...


AQN had a $500 million share offering at $17.10 vs.the previous day's close of $17.50. That's why it was down yesterday. After yesterday's weakness, AQN is up 1.9% today as I write this at $17.38. I hope some of you picked up some shares yesterday which you could have had below $17.00 for a while. If not, don't kick yourself because it is still a buy at the present market price. I still think it will outperform ALA in the short-term, which as a trader is all I care about.


For those keeping score, AQN closed at $17.62 up 3.28% while ALA closed at $15.96 up 2.37%. AQN definitely outperformed ALA today. 
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