RE:What's your opinion?Look up Strategic Infrastructure Development and Enhancement (STRIDE) statute. https://www.businesswire.com/news/home/20180515006713/en/Washington-Gas-Requests-Maryland-Rate-Increase-Years
redcoats wrote:
An article on Seeking Alpha, from "Trapping Value", with the title "Altagas Dividend Safety Analysis" argues that the capex costs for ALA are a huge headwind for the company, to the point that it states: "However, we are baffled that the investment community is not worried about the gigantic capex that is scheduled". I'm not particularly worried about ALA paying down the purchase dept, as I believe they have more than adequate assets to cover. Nor do I care if they don't follow through on the dividend increases. But I haven't found any evidence to refute the capex arguement as stated by the above article. Has anybody else that read the article have a point of view, position, or comment in rebuttal to the points made? Thanks.