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 Sadie222on Jun 22, 2019 1:42pm

172 Views

Post# 29852699

RE:RE:RE:RE:RE:RIPET TERMINAL

Ignore my previous comment. That expansion is for the LNG plant.
RIPET is permitted for 1.35 million tons/year. Current plant capacity is 1.2 million. As a shared terminal, expansion could be difficult (in addition to any supply or logistic limitations).
Altagas has 70% of RIPET. Their partner Royal Vopak is looking at another project nearby IIRC, but I don’t remember the details.

Rocko58 wrote: Hey boss, Alta is living up its projections, but what happens if our #1 customer tells a friend of their good deal with us. No extra capacity means no increase in sales next year. Not a desirable situation for business execs. I'm sure there is a plan for expansion after this phase proves its worth.

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue