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

AltaGas Ltd

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Comment by check737on Oct 30, 2018 5:44pm

233 Views

Post# 28897589

RE:RE:An inconvenient truth

You are lucky, I don't see it as a loss but I was down 9k today. They have great assets will have good cash flow going forward and are in no danger of anything except shareholder sentiment. The ala canada sold quite well. They are almost done with the bridge financing. RBC 12 month target is $28
The drip is still in place I will just keep acumulating more shares each month. This is a long term play and will reward those who hang on.
JMHO