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.

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AltaGas Ltd

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Comment by Sadie222on Jun 18, 2019 1:13am

161 Views

Post# 29834360

RE:Excellent news...should help share price

Really? We hold 10% of that project. Gimme a break!

Ogopogo007 wrote:
EQM Midstream Partners (EQM -2.3%) raises the estimated cost of its Mountain Valley natural gas pipeline from West Virginia to Virginia to $4.8B-$5B and delays the projected completion to mid-2020 due to legal and regulatory challenges.

EQM previously had estimated a $4.6B target cost to complete the project in Q4 2019.

The company says it submitted a land exchange proposal to the U.S. government in an effort to enable the pipe to cross the Appalachian Trail, which would grant the government full ownership of private lands crossed by the trail while granting Mountain Valley a right-of-way to cross the trail using the pipeline's previously planned underground method at an existing crossing location approved by the Federal Energy Regulatory Commission in 2017.

EQM says it will operate and fund ~$2.4B of Mountain Valley, which also is owned by units NextEra Energy (NEE -0.1%), Consolidated Edison (ED-0.4%), AltaGas (OTCPK:ATGFF +0.2%) and RGC Resources.