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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 ROIcrusaderon Mar 14, 2018 3:46pm
146 Views
Post# 27715674

RE:RE:ok now

RE:RE:ok nowYou are inversely analyzing the impact of natural gas on their assets in California. So what they own is a 'peaker plant' in California the burns gas https://www.altagas.ca/our-infrastructure/operations/henrietta-peaker-plant-0 Thing is, it gets cheaper to produce power as Nat Gas goes down in price. What would concern me about these assets, is the advent of solar in Cali recently meeting over 50% of demand. I know it's been painful, I've owned this name for years and averaged down at $30 so I'm feeling your pain. The outcome of the WGL transaction, including how it is funded will dictate the direction of the stock. Till then, you're right, we will see.
Bullboard Posts