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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

Post by Vega1357on Jul 31, 2020 1:04pm
188 Views
Post# 31350692

Back in

Back inI liked what the analysts said about ALA's earnings and the price differential between AQN and ALA was large enough today to persuade me to part with some AQN to buy ALA  I sold the AQN at $18.40 and bought the ALA at $16.50. I previously bought the AQN at $18.00 and sold my ALA for $16.60 so I'm profitable on my AQN and am buying back ALA at a lower price than what I sold it for. I continue to be heavily into AQN but some diversification makes sense as I had all my chips on one stock, something I know that many of you would shudder at, but that strategy has worked for me in the past. You will all be able to read about it in my book to be in book stores before long.
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