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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 FreddieMacon Dec 11, 2019 7:24pm
152 Views
Post# 30445939

RE:Expecting 2020 Guidance and dividend increase tomorrow

RE:Expecting 2020 Guidance and dividend increase tomorrowIf you actually took the time to listen to (or read) transcripts of management's quarterly calls, you'd realize that they have signalled NO DIVIDEND increase until LATE 2020 at the earliest.

All this talk about Dividend increases at a time when the company is still working on getting its credit upgraded is just fanciful dreaming by myopic pumpers.

Oh, I almost forgot, this is the same guy, igstar, who last year in Q3 proclaimed that ALA's stock at $24 was a super buying opportunity and would never hit that level again.    Well, he was right, the stock went due south from there and has not come near $24 since.....


Bullboard Posts