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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 FreddieMacon May 25, 2018 5:19pm
218 Views
Post# 28082799

NAME CHANGE Post WGL acquisition

NAME CHANGE Post WGL acquisitionWould not be the first time that a company with poor investor relations and communications, due to its name, changes the name after a merger or other corporate event....

 Regarding an earlier comment about the beneficial effect of asset sales, I point out that one of the recent corporate slide presentations highlights the income earning capability of their BC hydroelectric project, particularly as it is attractively indexed to inflation.
 
So if this is apparently such a great asset, enough that the company emphasizes it with its own slide in a recent presentation, no wonder that the market is wincing at the prospect of such an apparently good asset being sold to pay for WGL. 

 
Bullboard Posts