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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 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

Bullboard Posts
Comment by Straiteon Nov 27, 2018 1:44pm
83 Views
Post# 29028509

RE:RE:RE:RE:RE:RE:Preferred Shares

RE:RE:RE:RE:RE:RE:Preferred Shares I personally believe both preferred shares and ALA have good upside potential at these levels so I would not sell without new information that would significantly affect the prospects. Looking at long-term charts, current 5y interest rates, are still closer to all-time lows and I am somewhat confident on the long term we will continue receiving our 4%+ coupons and someday we may even make some capital gains on top of that. I do agree that currently, most assets regardless of interest rate sensitivity, seem to have sold-off. We could make a case that there are some bargains hidden in-there.
Bullboard Posts