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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 Warrior99on Dec 11, 2018 3:22pm
136 Views
Post# 29099074

RE:RE:This Board and Tim Watson Need to Go - ASAP

RE:RE:This Board and Tim Watson Need to Go - ASAPRight on the point!
SP was over $28 in July.
And still over $25 in September.
How can these imbeciles continue stay quiet and completly oblivious of the destruction they have imposed on ("safe income" in particular) investors in their swindle story.


BSdetector2016 wrote: @WalterWhy: I think that you are being too kind. Every can they've tried to kick down the road has been lost down a storm sewer. In my view the entire mismanagement team needs to go, almost in its entirety. Anyone guilty of being close to the WGL mistransaction needs to be gone. As for the BoD a clean sweep is in order, followed by replacement with competent candidates. Crawford gets a get out of jail free card for 6 months. Above all, corporate and individual objectives need to be fully aligned with doubling the share price within 6 months. It is possible; the current mismanagement team halved the share price in less than 6 months.
WalterWhy wrote: Everything 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