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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
Post by deelongon Mar 07, 2018 5:11pm
297 Views
Post# 27678873

Spoke with IR

Spoke with IR
They confirmed that as per the conference call that everything is on track with the merger. DC was always going to take longer but everything is still going as planned for now and still planning on closing mid-year. They have identified about 4 billion dollars of assets for possible sale so that is ongoing and are trying to time things on that front to coincide with the closing of the merger. She acknowledged that we were in the penalty box for the reversal of the California asset sales and may be there till merger complete.
Bullboard Posts