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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 marketsenseon Sep 03, 2018 12:36pm
171 Views
Post# 28556049

RE:RE:RE:Plunging into the abyss

RE:RE:RE:Plunging into the abyssInvesting as one can see is never simple.  Look at the range of emotions on this board.  It
comes down to a test of patience and a decent strategy to cope with market fluctuations
and negative sentiment.  Very rarely in my experience do you invest in a stock and it goes
straight up from the day you bought in.  All the pipes are getting hit because of the TMS
decision.  This will pass and ALA will announce an asset sale at some point and all the
uncertainty and fears over debt and financing will be assuaged.   The dividend is safe and
for income seekers is simply outstanding.  Capital declines can be offset by averaging down
and waiting for positive developements.   This is not rocket science but sound investing.
IMHO.  The fundamentals support maintaining and if possible adding to your position.  That
is exactly what I am doing.  Good luck to all.
Bullboard Posts