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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd

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Post by uchuckon Aug 20, 2014 12:39am

217 Views

Post# 22858600

A.Share Offering and B.Marriage with Painted Pony

A.$51.00 offering is not-so-bad news, that's just where it was a few days ago. I've lived through those crazy mining stocks where the ""offering" would be-wham!-15% below current share price.
B.Maybe folks overlooked this gem:15 years of a "guaranteed"cash flow. Do we "guarantee" to eat only at McDonald's and drive only a Toyota for 15 years? Of course not:that's why we love these pipes, and "unregulated" utlilites-long-term, secure flow of income for share-holders.

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