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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 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

Bullboard Posts
Comment by Johnwith30yearson Sep 05, 2019 10:55am
100 Views
Post# 30098074

RE:RE:RE:RE:PumpTard with Pretend15years put me "back" on ignore....

RE:RE:RE:RE:PumpTard with Pretend15years put me "back" on ignore....

I would claim no great expertis ein VET and pointed out how risky the dividend could be but ALA is an entirely different matter.  It is not now paying out anything like 100% on its dividend payout ratio which VET is and will do in 2020 as well unless cut   but ALA  is in th emidst of a solid turn around as any metric and actions year to date demonstrate.  I know ALA intimately and we will see significantly higher prices over time with this company.  

I was just reponding to those who seemed to like VET   if you read other analysts  there is much talk about the risk even though a few like it.  It is for what I call risk capital only  i.e. Be prepared to lose much of your investment with VET   ALA different story going forward - utility with a kicker and lower debt over time will reassure market as growth prospects become visible.  
Bullboard Posts