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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

Comment by masfortunaon Oct 18, 2020 7:47pm
212 Views
Post# 31736840

RE:RE:RE:Petrogas Deal

RE:RE:RE:Petrogas DealHi Bossu
Actually the biggest negative at the moment is the fact that Alta is lumped in with energy producers. I hold ENB and PPL as well as ALA as I sold my pure energy producers in the summer. The momentum on all 3 of them is downward at the moment. I understand the need to switch to green energy BUT this is a generational switch (20 years+). Investors are acting like this change is going to happen overnight which gives me a buying opportunity.  I personally would love to see this hit the low teens. So the results of q3 (and any other quarter in the next year or so) is not really a big deal to me assuming that eventually the energy sector gets back in favour.
Mas
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