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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 redcoatson Jun 15, 2018 4:46pm
269 Views
Post# 28179991

RE:This is a wake up call for all analysts covering ALA

RE:This is a wake up call for all analysts covering ALA
Seems like a no brainer to me. Drops like a rock because the market doesn't think that ALA can close the deal, but keeps going up as they jump through every hoop. Therefore, up if they complete. Up if they don't. Along with a healthy dividend while we wait to find out if it's up, or up. Of course, if they can't, there will be a short term drop, but only because the market is stupid that way. But then, that divvy for a short term, while waiting for sensibility to return.
Bullboard Posts