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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 May 02, 2019 8:29am
164 Views
Post# 29699407

RE:FFO/share back on track

RE:FFO/share back on trackI have said beforfe that the market was to Quick to condemn WGL  as their other assets were slowing in returns on them.. WGL was delayed beyond their expectations, th einvestment climate changed in terms of self-funding models being preferred, some interest increased  and yes they overpaid. That said  overpaying slows you down - it does not destroy you.   So I think the real stroy is ahead of us.  Patience.   the whole market will begin to see the value as Ripet opens, debt disappears and the WGL value chain and customer growth is understood.  Still on 24 by January 21 but I am also not surprised npw to see 28 plus..  Depends on multiple factors.. Even 28 could b etoo low if the right combination of perspectives and events develops...   More later
Bullboard Posts