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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 Timbitxon Mar 31, 2017 5:52pm
330 Views
Post# 26060969

RE:RE:This is a value trap.

RE:RE:This is a value trap. All I am trying to point out, is that you are getting paid to hold till the deal goes through. The share price will not go over and above 32. I have held it and traded it around 35-32-31 and was recently holding a 30.90 share price, but decided to invest into PLI and gain 6% in one day... 

Anyway, the point I am making is that there is still a ton of time left before the deal goes through and you are paid to hold. You will get the div and historically, raising the div has not increased the share price looking at a 5 year chart. 

Going forward, I suspect LONG TERM the share price will go up, but it is worth while to find a div stock that has medium term growth as well as pays a div. Look at Chorus Aviation for example. 


Bullboard Posts