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.

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AltaGas Ltd

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Comment by EagleShineon Mar 01, 2019 2:32pm

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Post# 29430219

RE:RE:RE:RE:RE:RE:TD Waterhouse Comments

Good point !!!

B1gkatt wrote: Second, you left out the part where Scotia predicts that the total share count will increase from 223 million to 282 million in 2020 (due to the DRIP presumably), further diluting EPS

I too am a little bit concerned about the dilutive effect of the DRIP program, even if premium DRIP is now abolished. But are you sure your share count numbers are correct? I thought present share count was more like 275 million, not the 223 mil you cite. If so, rising to 282 million in 2020 is not such a big deal. Please check and be sure. A recent post on the topic of the short position relative to overall share count, cited a current share count of 275 mil or so. You can't both be right.