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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

Utilities Utilities - Regulated Gas Utilities
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

AltaGas Ltd
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(11)
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Comment by stickboton Nov 24, 2018 1:35pm
110 Views
Post# 29017606

RE:RE:RE:RE:RE:RE:latest Motley Fool comment on ALA

RE:RE:RE:RE:RE:RE:latest Motley Fool comment on ALA
FFO reduced to estimated 10 percent from 20 "The decrease in normalized Funds from Operations estimates to approximately 10 percent compared to the estimates of 15 to 20 percent projected in the second quarter of 2018" https://www.altagas.ca/newsroom/news-releases/altagas-announces-third-quarter-results-and-framework-balanced-funding-plan "In the near-term, we intend to sell $1.5 to $2 billion of additional assets to fund capital projects as well as align the underlying assets of the business to our strategic focus on Gas and U.S. Utilities." https://www.altagas.ca/newsroom/news-releases/altagas-announces-third-quarter-results-and-framework-balanced-funding-plan
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