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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 marketsenseon Nov 29, 2019 1:27pm
121 Views
Post# 30406244

RE:OGO and friends You will be missed

RE:OGO and friends You will be missed I concur.  Wasn't so long ago when I followed Air Canada at the bottom and the same things
were said ad nauseum about why anybody would invest in such a dismal co. and how their
management was tone deaf etc, etc, etc.   Comparing ALA to other utilities makes it look 
worse but for example,  IPL isn't exactly lighting up the board these days and is stuck in 
the low $20's treading water.  The low dividend is not attractive when compared to others
but it was the institutions who were demanding the cut,  not management.   They can build
up the low dividend along with more debt reduction as time goes along.  So far,  I like what
I'm seeing and the next few Qtr's should give the SP a lift IMO and that will go a long way
to restoring some market enthusiasm.
Bullboard Posts