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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd

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Comment by deelongon Aug 08, 2018 10:03am

114 Views

Post# 28426515

RE:Hitting the stock hard on the open

Unfortunately, I believe you are correct Yoda. Kicking myself for not getting out above $28 for a profit when I had the chance. I think that will be the only chance I had on this one. Sold out half my position thankfully though at less of a loss than it would have been now but it looks like this will be making a new yearly low very soon. Management has lost all credibility and its reflected in the stock price, plain and simple.

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