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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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.


TSX:ALA - Post by User

Bullboard Posts
Post by rockhead7on Feb 09, 2019 10:47am
247 Views
Post# 29341799

consensus

consensusThere seems to be broad consensus, at least amonst the longs, that the path forward is clear-stay the course and do not do anything stupid.  If Trump can sucessfully browbeat his Fed Reserve chairman into keeping rates low it will help.  This company is generating very heathly cashflow and that should only increase in the future as DC and Virginia post above average growth and RIPET comes on stream.  Reading the Bio of the new boss is encouraging-but a lot of the crew that steered into the iceberg are still on the bridge.  My hope is that the new boss will quickly surround himself with his own appointees.  If this company was perfect we would not be able to buy it with a 7% yield-its a turnaround and that implies risk but from everything I see the odds favour us-just do not do anything STUPID(oh, and a NYSE listing would be a big help)
Bullboard Posts