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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 Apr 04, 2018 11:14am
139 Views
Post# 27828489

RE:RE:RE:RE:RE:RE:Another comment on Johnny O & his hate on for big divs

RE:RE:RE:RE:RE:RE:Another comment on Johnny O & his hate on for big divsSo, I was thinking that as well OC... but then I read this: AltaGas continues to achieve key milestones related to closing the WGL acquisition, and we remain firmly committed to this business combination. Milestones include key regulatory approvals, as well as the disposition of approximately $2 billion in assets to support the financing of the acquisition. The disposition of assets not only supports the financing, but also allows us to further refine and define AltaGas business moving forward. The financing for this transaction is fully backstopped, and the disposition of assets is not required for AltaGas to close the acquisition of WGL. from: https://www.altagas.ca/sites/default/files/2018-03/Message%20to%20Shareholders%202017%20web.pdf Now. Considering the source this information definitely has a specific perspective. Thoughts? I'm considering adding again, I have been in this name for ages and am just around my average cost. Still can't believe it's at this level. GLTA...
Bullboard Posts