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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 cochrane29on Nov 01, 2018 11:07pm
200 Views
Post# 28912212

RE:Andrew McCreate On BNN

RE:Andrew McCreate On BNNManagement is a joke. What a bloody Cluster flip! Rip the bandaid off completely and give the market some kind of certainty. Cut the dividend stop dithering on the probability of a equity raise and stop the drip on the dividend. Also stop the BS talk about preserving Share holder value and rethink future projects until this company knows how to pay for it. My god these market surprises are ridiculous not timed well.

For example WGL holdings seasonally always report there weakest quarter now. Why not give there earnings some kind of balance and not dump the premium dividend cut along with the asset sale to boot in the same release. Let the stock recover and breath from there ludicrous spin off in September. Now we have a new CEO to look forward too. More uncomfortable uncertainties to speculate on.

Good news they have good assets that seasonally should spike up next quarter. Also sold some junk assets on there spin off. 
Bullboard Posts