AltaGas Ltd T.ALA

Alternate Symbol(s): ATGFF | AGASF | ATGPF | T.ALA.PR.A | T.ALA.PR.B | T.ALA.PR.G | T.ALA.PR.H | 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 Rawcolton Sep 03, 2016 4:34pm

220 Views

Post# 25205917

RE:RE:ALA seems cheap to me.

100% correct on ALA being punished like a nat gas stock. Exposure to the commodity is negligable..But, that is where the opportunity lies...That is how one can back up the truck at $28 and have the stock trade at $35 7 months later for a nice 25% gain with little risk. Plus stock still has long way to go to get to a reasonable target price of $40 plus. Oh, and as I wait I collect a nice 6% divy compounded monthly through my drip. Like I said back in December, ALA is a no-brainer.

Bullboard Posts

Geologica Resource: Polymetallic upside at a depressed price