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

AltaGas Ltd

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Comment by marketsenseon Aug 01, 2019 1:08pm

136 Views

Post# 29984800

RE:CEO seldom or never mentions shareholders

The market is not looking for increasing dividends. Sustainable dividend is more important
with continued commitment to debt reduction are the priority. Also maintaining capex program
for Ripet and others such as WGL is where their extra cash should be spent for now. Once
ALA gets to the $28-$30, then yes, a dividend hike or two is warranted but not before IMO.
Underpromise and overdeliver is what the market will reward shareholders for and not hiking
dividends.

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