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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 WalterWhyon May 13, 2019 1:17pm
155 Views
Post# 29741163

RE:RE:One of the many problems with this stock

RE:RE:One of the many problems with this stockThe ratings agencies are probably looking at it now, but if ALA had an additional asset sale, I think we'd get that upgrade right away.  On one hand, I want them to make an announcement soon.  On the other hand, I also understand that they want to get top dollar for assets.  I think it's good that bond yields are dropping, because that was one of the factors that worried ALA shareholders.  

marketsense wrote: Don't think so.  The next leg up is just around the corner.  All those millions of shorts will
provide more than enough buying to take out a lot of those break even holders who can't
wait to get out.   In addition,  the upgrades from institutions will provide more buying as
improved growth profile and earnings drive ALA forward.  A complete reversal of fortunes
here.


Bullboard Posts