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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 WalterWhyon Oct 30, 2019 3:50pm
228 Views
Post# 30288404

RE:Shorts are loosing ground...

RE:Shorts are loosing ground...
bossu wrote: it is crystal clear that shorters are loosing ground in an orderly manner.Volume is higher than normal and shorters do not have for now to run to cover but it is a matter of time.
The Q3 financial report shows that ALA is delivering according to plans.
EBITDA is on track and no doubt that the $ 1,2 B to $ 1,3 B is on target and more importantly 
the normalized FFO to be $ 850M to $ 950 M
The debt of $ 11 746 B at the end of 2018 and will be reduced more than planed.
RIPET is generating more than 10 % of the EBITDA and operation is operating according to plan.

What we need now is some positive comments from analysts .

  Agreed.  I dialed into the call on my commute into the City.  I didn't hear any discussion about RIPET expansion on the CC.  Did I miss it, or did they really not get into it?

Bullboard Posts