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

Bullboard Posts

Comment by YodaLayhehooon Mar 25, 2019 9:35am

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Post# 29530773

RE:300 million justifies $30 SP ?

I think if you read the whole paragraph I break down both a PE and cashflow valuation and have the PE at $22 stock price. PE is not usually used to value utility companies as PE can swing and be a moving target. As we just saw last year going from 30 PE to 12 PE . EV valuations is probably the best way to value the company other than cashflow

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?