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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 Oct 24, 2019 3:14pm
199 Views
Post# 30266090

RE:short interest way up again

RE:short interest way up againI hav ebeen puzzled too  but there is th epossibility of hedge funds doing an "ARB"   short ALA and long ACI   planning to unwind as they see ACI at its highest point.   

Alternatively but also if Mountyain Valley runs into further delays or never gets built it hurts ALA future and its 350 Million investment - Not likely re Mountain Valley as there are work arounds for any of the problems but the delays unsettle the market  - otherwise Ithink we will find a bright future for ALA.  My guess is they will unwind over the next 4 or 5 months to a considerable degree.  
Bullboard Posts