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

AltaGas Ltd

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Comment by woolcoon Feb 28, 2019 10:49am

118 Views

Post# 29422842

RE:RE:RE:First blush - solid report

I expect lots of analyst re-writes on new targets/move to buy vs hold etc...

on 12 cents ( approx 25%) beat on profit.......we should be really seeing a $ 3.50 approx bump in share price....so expect alot more upside from here.

With the business base now solidified...and upsides pretty much only in the future...the shorts leaving should also give us some very huge momentum to the upside.

I can see us over $20 within a few weeks.

GLTA....or I should say congrats....to all longs....as luck no longer required.

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