AltaGas Ltd T.ALA

Alternate Symbol(s): ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

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

AltaGas Ltd

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Comment by Tinyhopeson Apr 27, 2012 12:43pm

87 Views

Post# 19844490

RE: TD updgrades !!

AltaGas Ltd. (ALA) - $30.80 - Q1/12 Impacted by Timing Differences; Core Results In-Line

Ouperform, Average Risk, Price Target: $35.00

EBITDA was $92 million compared to RBC CM’s estimate of $94 million. Modestly lower results from Utilities were offset by lower-than-expected Corporate costs. RBC CM continues to see upside from the advancement of the hydro projects in northwest B.C. with in-service dates of 2014-2015.

Let’s all hope to see higher SP $ 35.00 or $ 38.00 either is fine with me.

tinyhopes

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