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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 Johnwith30yearson Jun 03, 2021 12:59pm
299 Views
Post# 33319608

Looking back to my post of April 29th Price was $22.38

Looking back to my post of April 29th Price was $22.38So we just got 1.29  suppose we add 2 cents to each quarter remaining from results last year.  
In 2020 the results were : .79 +.06 + .04 + .53  = 1.42 fro the full year.

2021  Consider  1.29 + .08 + .06 + .55 =  $1.98

At 13 times earnings that equates to $25.74
At 15 times eararnings that equates to  $29.7

Is either of these scenarios unrealistic?  

It would be consistent for Randy to underpromise on the raised number as well. 

But it is true that in 2022 they will not hav ethe same assets generating revenue aas 2021 so it depends on Petrogas Intergration and shipments and gas processing  plus modest utilitiy increases for further growth  but still if a +$1.98 for ther year   26  is quite possible IMO
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