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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

Post by Vega1357on Jul 13, 2020 12:02pm
297 Views
Post# 31260722

Back in

Back inBought back in at $16.00. I was impressed by Raymond James increasing their target price for ALA to $22 last week and sold off some of my AQN and invested the proceeds in ALA. I said that AQN would outperform ALA in the short term and it did being up another 2.5% today, but I think that ALA has lagged AQN long enough and will break out of the technical wedge pattern it is in at the moment on the upside and I want some exposure to this stock. I continue to hold lots of AQN and even picked up some RNW. I think that everyone should be holding these stocks in their portfolio and I'm not wrong very often. I will repeat that. I'M NOT WRONG VERY OFTEN.
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