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

AltaGas Ltd

Bullboard Posts

Comment by gentlewolfon Jan 16, 2019 9:46am

134 Views

Post# 29238748

RE:RE:RE:RE:RE:RE:RE:Dividend just DECREASED 56%

Assets sold means loss of revenue and that translates to
a higher payout ratio. I expect projects coming online will
at least partially offset the income loss incurred by the asset
sales. And that hopefully will keep the payout ratio from rising
too far above current level. By 'short while' I meant any increase
of payout ratio resulting from asset disposition will be temporary.

Bullboard Posts

Gold vs. bitcoin, where should you invest?