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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 canneon Aug 22, 2018 3:30pm
243 Views
Post# 28501347

RE:Chris Stuchberry On BNN Re: ALA

RE:Chris Stuchberry On BNN Re: ALAInteresting to listen to Chris say that Altagas is in the doghouse because of high debt and rising interest rates. When asked about Cardinal Energy he said it was OK because it had made an acquisition in the US and was growing its assets so it was a buy - didn't Altagas just grow its assets with the takeover of WGL ??? I guess he thinks that a regular stream of income from a regulated utility isn't a real good business model. He went on to compare the 8.5% dividend to bond yields ... really
Bullboard Posts