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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

Utilities Utilities - Regulated Gas Utilities
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

AltaGas Ltd
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(10)
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Comment by WalterWhyon Dec 12, 2018 12:08pm
106 Views
Post# 29103743

RE:RE:RE:RE:RE:RE:Interesting to see if staff cuts announced or

RE:RE:RE:RE:RE:RE:Interesting to see if staff cuts announced or
CorruptedLushDr wrote: The day-to-day operation-side employees are in no way, shape, or form responsible for any of this. I don't want to hear a single word about letting those people go.


Could not agree more.  I was referring only to management. I feel badly for the employees and retirees of the company that have been decimated along with the shareholders. 

The share price is down today prior to the big news tomorrow.  If history is any guide, I think tomorrow not bring the answers (or price action) that us longs are hoping for.  I own both ALA and ENB and have been on the fence about switching all of my ALA over to ENB.  If the ALA dividend cut results in the ALA yield being below the ENB yield, then I'm going to switch everything that isn't in a registered account.  

 
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