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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 27, 2018 11:33am
215 Views
Post# 27950324

RE:RE:RE:Scotia $31- NO longer expects 8-10% divy growth

RE:RE:RE:Scotia $31- NO longer expects 8-10% divy growthI understand your pain Yoda. It's purely a shift in capital allocation. Obviously yield is not driving the share price at the moment, so it would be better to invest those dividends in cap ex to improve the future performance of assets. Also, I'd point to Scotia's commentary suggesting there still will be dividend growth, it will just likely be sub 8% (let's face it, 5% dividend growth is pretty good). I bought the divi growth too, but in business you have to adjust your strategy to meet your objectives. How does the Patton saying go, the best laid battle plans are useless once the first shot is fired (I know that's not it, just the jist).
Bullboard Posts