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.

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AltaGas Ltd

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Post by marketsenseon Jul 04, 2018 11:22am

196 Views

Post# 28267149

Drivers

Going forward, there are many. . Asset sales, PPL, analyst upgrades and investor
enthusiasm. Pension funds are salivating over the yield and growth and I suspect will
be big buyers and holders of this name. As for asset sales, with WGL purchase they
could even cherry pick the best assets and sell some less profitable ones off. I don't
see much of a problem here and agree that the positives far outweigh any negatives.

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