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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 Jan 02, 2020 1:29pm
168 Views
Post# 30511715

Down again

Down againLooks like we are headed back to $19 or less again. Ever since ALA skidded the last CEO for whatever reason back in July of 2018 it has dropped from $28 down to $12 and now cannot stay above $20.
If the next earnings report isnt great and there isnt a meaningful move up in the stock price i am pulling the pin. There is so much nagativity with this stock it may take forever to recover. May be 5 years back to above $30. Before the dividend cut one could stomach the price but now there is nothing here. 

Bullboard Posts