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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 Johnwith30yearson Aug 31, 2021 9:12pm
228 Views
Post# 33792603

RE:RE:RE:What is with the poor sentiment today?

RE:RE:RE:What is with the poor sentiment today?My thinking as well. Of course it is always possibl eth ewhole market tanks but I think ALA would not fall as badly as th elast panic - in fact as a large portion is in utilities and exports will continue it may be seen as a safe harbour.  BUt while a correction may occur - I very much doubt a serious tanking for ALA is likely.  SO the most probable scenario is strong earnings, a year end dividend boost  higher earnings than forecast and a target in the managemnt plan for next year that pleases the market. I fmanagement suggest 10% growth for 2022 we are in for a higher reset.  
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