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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 29, 2019 9:52am
103 Views
Post# 29781261

RE:RE:RE:Can AltaGas do it again

RE:RE:RE:Can AltaGas do it again
B1gkatt wrote: I don't see anything yet to push the stock above the roughly 5% dividend yield mark which is in the 19 to 19.5 range. We all need to be patient and happy with the recovery from 12 to 19 in only a few months. As good news continues to roll in, both on earnings and non-core asset sales, the SP will react accordingly. But not today I don't think. (FWIW I am still concerned with that huge short interest. The high-roller short investors can be ruthless in the things they will do to drive a stock price down, so expect a few more of their machinations before they give up and get out.)


I agree with you, B1gkatt, with the one exception being that if management bumps up their guidance on EBITDA/Revenues, I'm hoping we should see a lift.


Bullboard Posts