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

AltaGas Ltd

Bullboard Posts

Comment by marketsenseon Jul 10, 2018 12:35pm

200 Views

Post# 28293775

RE:Why the pop to $28 plus?

Do I detect a note of frustration over the sudden bullishness. C'mon, this has only been a year
in the making and a lot of market "experts" gave it the thumbs down and wouldn't touch it. Now
they are starting to change their tune once the "deal" that was never going to happen has
happened. The market is liking this deal more and more as time goes by and with asset sales
and NY listing, it's only going to get better. The doubts and angst over debt, asset sales and
mgmt are being overturned one by one. Pension funds will be lapping this up like starving dogs.

Bullboard Posts

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