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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 Dapper1on Dec 12, 2018 11:48pm
153 Views
Post# 29107525

RE:Who wants to guess

RE:Who wants to guessMy Guess:
-No dividend cut,but if so it will be a minimum of 35% (about $200M) as anything less doen't help much and would be more of an annoyance to old share holders.
- Announcement of the tracking of record 4Q revenue from WGL.
- Hydro returning to normal earnings plus minor contribution from Black Swan
-Sale of 15% of Hydro for about $400M CDN.
-Other miscellaneous US asset sale for approx. $150M CDN
- Role over of remaining bridge loan to spread out over 3 more years.
- minor staff reductions to save ~ 20M. typical for takeovers
- Need for Hydrid finacing  is reduced and deffered to 2Q
-Strong outlook for 1Q, 2019

Just deing Gods little optimist!!!!


Bullboard Posts