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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 Johnwith30yearson Dec 12, 2019 5:34pm
179 Views
Post# 30449828

RE:RE:There is one very conservative assumption in the S&P

RE:RE:There is one very conservative assumption in the S&P I actually agree with you and in light of the ACIi sale they may choose to give that signal. But if directors want to be extra cautious  they may wait until later or even late in 2020 to announce a div increase.  If there assessment of FFO is correct at the 900 level vs the 700 that seems to be S&P's calculation they may go for it.   But they may also be uncertain around  the rate base increases they intend to apply for and want a bigger financial cushion in case.   I do like Fitch's assumption however that RIPET will move to 40,000 bbls per day.

I wonder what advice they are getting from the pension funds and large rinvestors. 

I think some of the CEOs compensation is based on share price so perhaps a dividend is in the cards which would help bring back the retail market.  It now depends on psychology of the board and pressure from large funds   - Agrree also with Tradetoretire - cut the DRIP and give us the increase  - I will if  you make me CEO.. GLLs 
Bullboard Posts