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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

Bullboard Posts
Comment by righand2on Jan 29, 2017 10:44pm
348 Views
Post# 25770781

RE:RE:RE:RE:RE:RE:will hover around $31 for a while

RE:RE:RE:RE:RE:RE:will hover around $31 for a while
Lansing76 wrote: Way to simplify your ignorant argument. If the deal was 100% approved then the receipts would move in lock step with the common shares. Any whiff of a potential issue such as with regulatory approval will likely lower the price of the receipts in relation to the common stock. Conversely, if the market becomes very bullish on the acquisition and there is a problem the common shares may underperform. So there will be lots of short term traders in both securities the next 18 months taking advantage of news and trading back and forth and between them.


Well, that is about the most stupid thing I have read in a while. No need to comment further.
Bullboard Posts