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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
Post by WalterWhyon Dec 11, 2018 2:30pm
153 Views
Post# 29098671

This Board and Tim Watson Need to Go - ASAP

This Board and Tim Watson Need to Go - ASAPEverything that this company has announced over the last 24-months has been met with the market responding by selling it off.  ENB just announced a 10% dividend increase and that it expects another 10% increase in in 2020.

ALA has been doing nothing but kicking cans down the road.  The stock is almost down to $13, down $16 in 7 months.  They have gone from expecting an 8-10% annual dividend increase to an impending dividend cut. 

How can any of the people that are responsible for this train wreck be allowed to continue here?

Bullboard Posts