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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 VoxSolison Dec 24, 2018 11:58am
83 Views
Post# 29154385

RE:RE:RE:hadda buy; didn't want to......

RE:RE:RE:hadda buy; didn't want to......May be better to wait for firm div & surviveability? Consider they may have to cut div to 0 if/when a question of the latter. I don't think there's much chance of a quick bounce here. The bear is just starting & Ala is trying to digest Wgl! Imho there will be plenty of time to see how Ala will survive & what the div may look like etc. No fomo here. Best forward scenario: Ala survives well & becomes a solid slow & steady growth utility stock with a reasonable & sustainable div. Boring is sometimes good. Not want to think about worst case.
Bullboard Posts