AltaGas Ltd T.ALA

Altagas should have strong 3rd Quarter

[Alwayscrazy]

The price of Natural Gas very high, Almost double, which will add significant profit for altagas, the reason I say that, in pass  Aqn double thier profit  when price of NG was high   ,l do remember that very well ,does it make  a sense ,any comments? ? ?

[farlharv]

As a utility WGL buys and transports NG. OP{rice increases are flow through to consumer. utanes Midstream- NG high prices are a negative to the liquid extraction of ethanes, propanes and butanes. higher btu costs for replacement btu's extracted are negative to midstream companies unles propane prices also increase.

[Alwayscrazy]

To farlharv ,why  AQN  did have double profit  when NG was high, Altagas is in the same business, Altagas buys at low price and distribute and sell it at higher price. 

[farlharv]

As i mentioned for the utility business it is different from the midstream business. The utilities do put extra charges on the energy consumed by the customer based on the cost of the energy delivered. They show up as transmission and other charges. These increase as a percentage of energy($) consumed increases. Hopefully the recent storm in D.C. does not damage their infrastructure. My comments

[Alwayscrazy]

Retail buy any thing to sale it higher price to customers or  to stores , doesnt make a  sense doing business to go bankrupt