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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
Post by Vega1357on Jan 02, 2020 2:02pm
180 Views
Post# 30511887

Lots of red all over

Lots of red all overMy watch list of dividend stocks is bleeding red today. I'm trying to figure out what's going on, but everything seems to be tied to a one percent drop in the TSX utitlities index. This seems very odd to me as the yield on the Canada 10 year bond is down about five basis points today. But perhaps some people are expecting an increase in interest rates in the coming year, although I don't know where they are getting that from as I religiously follow Canadian economic indicators and I don't see much strength anywhere. Ever vigilantly yours, Vega.
Bullboard Posts