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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 Mar 14, 2019 9:22am
164 Views
Post# 29484217

RE:Solar power to take market share from natural gas

RE:Solar power to take market share from natural gasYes.. ALA has a small selection of both wind and solar and in the years ahead where the economics dictate they will likely enhanc etheir gas utilities with further renewables  but If you are suggesting that this transition will hurt ALA over the medium term that is very unlikely  - it is more a growth related transition for new utility investments where possible over the next 30-50 years.  The market for natural gas and propane is not about to dry up.
Bullboard Posts