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 namechangeneedeon Sep 25, 2018 1:00am

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Post# 28683135

RE:RE:RE:RE:RE:RE:RE:Visible div increase removed from latest presentation

Well said. This exactly. They will definitely be raising the dividend. EBITDA + FFO up + ratio kept the same = hike.

igstar wrote:
Lets resume this conversation after Q3 results are presented, and it is when the dividend was increased last year. The Scotia analyst ... also stupid i guess predicted a 3% increase. No analyst by the way .... only seeking alpha and here ... has any predicted a cut. All analysts have said the dividend is sustainable.

The only reason for the effective yield, is 3 days ... and about 4% of all shares outstanding trading, creating a yield of 10%. It would take about 3 days to reverse all of that as well.

I predicted 4%, to .19.

Reality ... and its in the presentation .... EBITDA is going up 25-30% in 2018!!! In the great recession .... and things were tough then ... far more than today ... the dividend was increased. But you have predicted doom, and dismay, after completing a takeover that doubles the size of the company??? I mean wow ...... that totally nuts .... market is on its knees and ALA increases the dividend ..... now with EBITDA up 30% you think they won't increase it???? Wow thats crazy.

This company has every business unit kicking it out of the park. Growth opportunities dropping on its head like nothing before .... and you think this is negative?

Drinking the wrong koolaid.