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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 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

Bullboard Posts
Comment by Rocko58on Jul 25, 2019 3:54pm
161 Views
Post# 29960969

RE:I MEAN BY TO CLARIFY

RE:I MEAN BY TO CLARIFYYassi3;  yes ,that is correct.  Idon't know for sure but this WGL deal was put together under different leadership.  We have new CEO and Financial guru this year.  I would say we've had ownership long enough to know what segments of WGL are most profitable, and those less profitable to us as operations are still valuable to other companys  and worth lots of $$$ in paying down our debt load, That debt reduction means a lot to bank analysts, thus the good recomendations by RBC, CIBC, ETC.  
Bullboard Posts