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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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.


TSX:ALA - Post by User

Bullboard Posts
Post by Plus50on Dec 08, 2019 12:49pm
214 Views
Post# 30433655

Friday Trading

Friday TradingOn a day (friday) when every sector was positive in north America somehow ALA with high volume drops 18 cents. This is what drives investors in this company crazy like my self. Was it because January futures gas prices were down 9 cents. Well couldnt be because all the gas stocks i watch were up. Was it because the Canadian dollar dropped almost 50 cents . Well that should be good for ALA. Were all the other peers in the pipline , midstream , utility sectors down no. Were there announcements about ALA that were negative ( not that i know of). Was it the shorts again, well the last report indicated a short reduction in ALA. 
Maybe some of the gurus on this board can enlighten me because i just dont get it. 
Bullboard Posts