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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

TSX:ALA - Post by User

AltaGas Ltd

Bullboard Posts

Comment by wordlesson May 14, 2019 3:47pm

181 Views

Post# 29746498

RE:RE:Take Some Profits?

This stock is still cheap and no way it won't at least see $20 this year. I'd rather collect the dividends and sell covered calls for now. With the ridley island terminal coming on-line, this could be a $22-$23 stock by Q3 reporting time. I'm not risking taking profits and then not being able to get back in cheaper. Market's tanked yesterday and ALA didn't follow. If that couldn't knock the stock down yesterday, I don't see will in the near term. Nothing wrong with taking profits, but I don't think this is the time to do it. But what do I know? Nothing really.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide