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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 rockhead7on Aug 28, 2019 1:25pm
100 Views
Post# 30075511

RE:RE:NEW LISTING

RE:RE:NEW LISTINGThis is a great idea, a name like Altagas doesn't inspire confidence in the current enviromnet{(that could  last for years)  Yield hungry American investors pay top prices for mature utility stocks while Canadian resource investors run from 8%  Ditch the connection to the Canadian oil patch-its purely symbolic now anyway-rename the parent company to reflect the maor subsidiary and let it trade at a utility level multiples on the NYSE.  Ripet is kind of a bonus, perhaps the new owners of the LNG rights would like to jump start their cashflow-a one time special dividend would be nice!  Simple solution to our chronic undervaluation.
Bullboard Posts