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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 YodaLayhehooon Apr 27, 2019 11:08pm
83 Views
Post# 29680058

RE:RE:RE:RE:IQ Earnings

RE:RE:RE:RE:IQ EarningsI believe the tax is paid back in reduced rates rather than lump sum. The rate base should have been increased recently as well. It will be interesting to see how they account for it in the financials. I'd be surprised if they take it in one blow rather spread out over multiple years. If they take it in one blow EPS would likely come in around .50 cents well below estimates. I don't believe this is how they will account for the tax decreases but maybe there's an accountant out there. 
Bullboard Posts