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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

Utilities Utilities - Regulated Gas Utilities
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 WalterWhyon Oct 22, 2019 8:35am
119 Views
Post# 30254099

RE:RE:Pay down debt or.....?

RE:RE:Pay down debt or.....?I don't think the expansion of RIPET is entirely within ALA's control.  It looks like there is a bottleneck with the port itself, so even if they wanted to commit the funds to expanding their own facility, they'd need to somehow increase the number of ships they can get in and out for loading.

Rocko58 wrote: Nice thought,Este, but that would only be a one time deal.  How about investing in the expansion of RIPET which could easily double its' output plus immediately bump up the monthly dividend a penny or 2.  Long lasting benefits for Alta and the shareholders???


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities