AltaGas Ltd T.ALA

Alternate Symbol(s): ATGAF | T.ALA.P.A | ATGFF | T.ALA.P.B | T.ALA.P.G | T.ALA.P.H | AGASF | 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.

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AltaGas Ltd

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Post by ace1mccoyon Jun 09, 2022 12:09pm

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Post# 34743900

S&P Affirms Ratings : ALA's Stable Outlook

S&P Affirms Ratings on AltaGas, Units

2022-06-09 12:01:55 PM ET (MT Newswires)

12:01 PM EDT, 06/09/2022 (MT Newswires) -- S&P Global Ratings on Wednesday affirmed all of its ratings on AltaGas Ltd. (ALA.TO) and its subsidiaries, including our BBB- long-term issuer and issue-level ratings on AltaGas.
The stable outlook on AltaGas reflects the expectation that a majority of the company's businesses will reflect lower-risk regulated utilities and that the company will manage regulatory risk effectively across its key jurisdictions.
The company's shares rose 0.6% on last look on Thursday.
Price: 30.18, Change: +0.17, Percent Change: +0.58