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 Oct 02, 2018 11:23pm

150 Views

Post# 28734594

RE:RE:RE:RE:RE:RE:Here’s a question ....

Congratulations on never being wrong before...

B1gkatt wrote: Speaking of people who know what they are talking about -- or not -- funny we haven't heard a peep from Igstar ("you are all idiots of course this will be a bought deal") since he asked whether it was a bought deal and realized almost immediately that it was not.

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Yes! Finally someone who knows what they're talking about. The amount of confusion and posts on this board continues to disturb me. The whole bought deal debate disturbed me.

Sadie222 wrote:The assets going into ACI are fixed. The dividend is fixed. They are not going to change.
The share price has not been fixed. Buyers who want a higher yield will offer a lower price. Buyers who see the security of the lower (but still excellent) yield will be comfortable with a higher price.

Fantome wrote:Johnny...Great Question

The short term downside risk for ALA is that the spinoff of ACI is not successful...or...the institutions demand that more assets be transferred from ALA before they will sign on. In my experience it is highly unlikely that the IPO won't be completed..this would only happen if the institutions get too greedy. if ALA does have to transfer additional assets or alternatively not get the actual $$ proceeds that they said they expected and then have to sell off something else to make the numbers work then the SP of ALA will go done further.

All that said...in my opinion ALA is better investment for most people, Investors wanting bit more security in terms of dividend returns (retired people without excess investment income to live on) might buy ACI since most of the revenue is coming from a regulated environment. If the dividend yield is relatively attractive it would be of interest to pension funds since they like more secure and stable income to match projected outlays.