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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
Post by marketsenseon Dec 06, 2019 2:50pm
177 Views
Post# 30430060

DOW/TSX

DOW/TSXBoth up again today along with oil and copper yet ALA can't maintain $20.   Shorts have
been covering like bandits at this level which means there must be a lot of tax loss selling.
No surprise there but once that ends,  should see some upward movement.  Strong earnings 
Qtrs ahead.   Who knows what the shorts will do next.   Maybe they might go long on ALA
after covering.  The fact that they are choosing to cover now should be sending a message
to even super bears like Bigkat.  You don't start covering unless you think the momentum is
going to change against you.
Bullboard Posts