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

AltaGas Ltd

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Comment by EagleShineon Mar 16, 2019 5:20pm

151 Views

Post# 29496465

RE:RE:RE:RE:MEET IPL

True !!!

sclarda wrote: YodaLayhehoo wrote.
I'm predicting IPL cuts its dividend. They payout more than ALA did before they cut the dividend and IPL needs to raise money to pay for their plastics plant. AQN and IPL are by far the most risky investments in the sector right now. AQN has a crazy high valuation. More than double ala compared to their cash flow. That's probably why we are seeing desparate attempts at spamming other boards.

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I am predicting that you dont know what you are talking about. IPLs payout ratio is around 60% of their 1.2 billion FFO. They also save around $300 million a year on dividends with their DRIP program. So they are only paying out aprox. $400 million in dividends leaving them $800 million a year in free cash to fund their poly project.
ALA could have learned a thing or two about financing from them.