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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 canneon Apr 01, 2018 11:20am
222 Views
Post# 27811780

RE:RE:RE:RE:A final decision from the Maryland PSC is expected

RE:RE:RE:RE:A final decision from the Maryland PSC is expected I am sticking with the receipts, even if there is an advantage to converting to shares as I feel the insurance is worth the cost. As for the shares tanking after the deal closes, I think interest rates are not going to skyrocket in the near future and WGL will provide immediate cash flow to ALA - I'm saying a lot of bad news is already baked in to the price. I really like their Ridley Island propane export move as it provides offshore money to an industry that badly needs new markets and they are doing it quietly and effectively.
Bullboard Posts