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.

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AltaGas Ltd

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Comment by tincup1on Oct 31, 2018 11:44am

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Post# 28901518

RE:RE:RE:RE:RE:RBC Downside scenario for SP is 12.00

I read through the transcripts from yesterday and Cornhill often deferred to Tim Watson. Watson's responsibilities include mergers and acquisitions. IMO, on paper anyway, he does not have the chops for CFO EVP. He kept saying the Hydro assets were non growth assets as justification for getting rid of them. Those assets have 100 gov't guaranteed contracts indexed to inflation. I don't know who's at fault for this gong show but this mgmt. group is extremely weak and Tim Watson is in way over his head IMO.

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