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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 13, 2018 6:10pm
124 Views
Post# 29112940

RE:RE:Altagas shares rise after dividend cut, asset sale Read more

RE:RE:Altagas shares rise after dividend cut, asset sale Read moreYup, these morons cetrtainly treated retail investors and the dividend increses showed all over the place as "selling your 3rd car".

Never expected to be treated like "selling your 3rd car", but well put.

Only, morons at ALA also then should expect nothing more from investors as being treated as "3rd class piece of cow dung".


Capharnaum wrote:
HomemMerrr wrote: How does that make any sense. selling assets to pay down debt and cut dividends to investors. and yet, investors are rewarding the company with upping share price?
Isnt that like coming home and your wife sells the tv to pay your eletric bill and tell you, you are not getting any.  And you reward her by taking her on a holiday?


That's a pretty bad analogy.

It's more like selling your 3rd car and reducing the allocation you give to your kids to invest in adding extra value to your house. In other words, allocating funds where they will generate the best value instead of  loading up the credit card.


Bullboard Posts