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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 Dec 11, 2018 1:04pm
106 Views
Post# 29098024

RE:RE:RE:RE:This is bordering on the sublime now.

RE:RE:RE:RE:This is bordering on the sublime now.You have to understand that AltaGas is far from the only company that raised $ selling shares which then declined. Several IPOs see their value fall by 50% or more, sometimes 90%+. Also, saying they target 8-10 % dividend growth until 2021 is not a promise. In fact no matter what a company says, none of it are promises and most of the time they overestimate what they can actually pay/projected earnings. Most are guilty of overconfidence. Only case I see someone could (maybe) recover is if their investment advisor have them hold disproportionate amount of altagas or any risky stock given their risk tolerance as stated on the know your client form. And even then...
Bullboard Posts