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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 bmeister2on Nov 29, 2018 9:55am
97 Views
Post# 29038866

RE:ALA must be what 80% retail???

RE:ALA must be what 80% retail???
Well,what most retail should realize before panic selling, and those focken shorters know how fickle they are, is that ALA is NOT an oil and gas stock suffering differential prices now,but is a gegulated utility company in most regards and will not face the continuous fluctuations in the day to day oil prices. That is why the dividend will NOT go to zero like many oil companies need to do to survive. The WGL acquisition,which I believe will start to pay off next year,has been a boondoggle for Alta but I wish to fock retail would hold hard here,and they will be rewarded in 2019 and beyond.  BTW, I would love to see a list of the biggest shorters and would likely not be surprised where from?? Same crowd against pipelines in canada. Wonder why???
Bullboard Posts