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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 Johnwith30yearson Jan 17, 2019 10:35am
161 Views
Post# 29245181

RE:RE:observations re latest ALA presentation

RE:RE:observations re latest ALA presentationWhile I am opomistic like you are, The excess FFO of 680 million for 2019 is laready allocated for debt reduction.   You will see that debt reduction planned has a range which is directly related to whether they think their is a good opportunity to  float hybrids.  Ifg your point is that their is extra money in 2019 to increase dividends - I disagree  they won't  BUT if your point is that they will show the market in 2019 that they hav ea solid plan they are executing on with lower debt levels and significant growth opportunities - I think they will and it is the debt reduction that will attract larger investment funds back to ALA  - I do however see dividend increases by the end of year two or onc eth eprice rises again to $24.   I agree with your other observations - I missed the movement from quarter2 to quarter 1 re propane exports.  That alone is significant.   
Bullboard Posts