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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

Utilities Utilities - Regulated Gas Utilities
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

AltaGas Ltd
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(16)
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Post by Johnwith30yearson Dec 12, 2019 5:04pm
187 Views
Post# 30449728

There is one very conservative assumption in the S&P

There is one very conservative assumption in the S&P credit report.  Parties are assuming debtr gets reduced to about 7 billion  but S&P indicaters 10% ffo to debt.  However at end of 3rd quarter   ALA reaffirms its FFO to be between 850 and 900 mm

875 / 7000 = 12.5%

Then there is no calcualtion for ACI which will close in 2020.

So  my assumption is before long the financials and analysts will see a rosier picture.  Those copunting on a quick dividend increase may be disappointed but with RIPET and the ACI sale  I once again say patience and do not lower my January 2021 call.  


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities