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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 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.


TSX:ALA - Post by User

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Comment by stocktalkon May 19, 2017 12:18am
275 Views
Post# 26262960

RE:RE:RE:RE:Deal closes Q2 2018. 30-32 range till then.

RE:RE:RE:RE:Deal closes Q2 2018. 30-32 range till then.
We are at the next level up from here, lots pent up demand forming. I bought ala back April 2013 and sold my position Sep 2014. I think I did ok. Back in again just before the merger deal annoucement, which will be accreative immediately to the bottom line.
The stock price is undervalued currently and is not a value trap. Many other projects are coming into fruittion. Senior experience management has a clear vision. Don't forget they build this company from scatch with basicaly nothing. This is truely an impressive accomplishment for such a young company.
They are as good on the golf course as they are making deals in the boardroom.

See you guys at the clubhouse my turn to buy,




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