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 Sep 03, 2019 10:59am

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Post# 30090280

RE:The prudent know.....

Remember that, even though the IPO price got trimmed a bit, it took over 600 million dollars of debt off the balance sheet in addition to the cash raised, and they still have 35+% to sell at almost double the share price now! They could have done better, but they/we did alright.
NWH didn’t go for cheap. The 3% sold in the ACI IPO were trimmed a bit, but the rest got full value.
What the market thinks of ACI now is irrelevant. They were under pressure to sell then. Timing is/was important.

Ogopogo007 wrote: ...mistakes here are paid for on the backs of shareholders

But it's different this time...lol

so why are all the gems being sold off cheaply? Just look at the haircut ACI got unloaded for vs now.

but it's different this time