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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 james1975on Feb 09, 2018 8:51pm
262 Views
Post# 27537274

If this thing hits a 9% yield

If this thing hits a 9% yieldwhich it looks like it is going to do, I am going to have to buy in just on principle. Rates going up or not, acquisition or not, 9% is greater than the average annual increase in the S&P 500 since inception.
Sorry for the multiple posts everyone, just thinking out loud on the board and hoping somebody can shoot it down with good arguments about fundamentals or point out something I'm not seeing.
Bullboard Posts