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AltaGas Ltd T.ALA

Alternate Symbol(s):  AGASF | ATGAF | 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 rustybladeson Jan 11, 2021 9:01pm
228 Views
Post# 32273039

RE:Pyxis Alpha ...due tomorrow....

RE:Pyxis Alpha ...due tomorrow....I read somewhere that propane prices in Japan are at very high levels. It will be interesting to find out how much of the LPG exports by ALA are hedged and if there is any upside because of the high product price. Less than 4 weeks to go for year end results and discussion (Last year it was on Feb. 6)
bossu wrote: Two LPG tankers at RIPET ...in a few hours !
First time ever !
Question:
How is  Altagas   going to manage the operation ?Can they load 2 tankers simutanously ?
Interesting situation that could change the EBITDA in the coming months and may be a twice reward on the EBITDA point of view on a yearly basis.
Keep in mind:Ferndale, the little brother, will position ALTAGAS as a pretty good LPG exporter to Asian Market.

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