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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 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.


TSX:ALA - Post by User

Bullboard Posts
Comment by cowfaceon Oct 31, 2018 9:20am
88 Views
Post# 28899920

RE:RE:Q3 NOT A GOOD EXAMPLE OF WGL POTENTIAL

RE:RE:Q3 NOT A GOOD EXAMPLE OF WGL POTENTIAL
jeffpei wrote: Expect that in time rational thinking will replace panic selling. Watched a similar pattern with AD over the past year.  I suspect we will begin a slow recovery from this bottom. 

There's no comparison here. Alaris was down because their payout ratio was creeping close to 100% and there was uncertainty about whether they could deploy more capital. They did, and the stock recovered somewhat. 
ALA is having an existential crisis. Management was wrong in its projections for the WGL merger, and no one knows how wrong, or if they're still being too optimistic, or really what their plan is or what the company will look like in a year.
The level of uncertainty is 10x what it ever was in Alaris.
Bullboard Posts