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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

Bullboard Posts
Post by stocktalkon Jul 05, 2017 12:39am
400 Views
Post# 26433961

Bruce Campbell Insight Alta Gas

Bruce Campbell Insight Alta GasHas looked at this recently. You could buy the Receipt instead of the common shares right now, because it is trading under the strike price. If the deal doesnt go through, you get your money back. There is so much healthy scepticism, in that the 7% return might be a flag. A hybrid company, half power and half utility and trying to grow like some of the others into the US. He would wait for the day of the deal, but you have to be nimble.
Bullboard Posts