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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 Johnwith30yearson Mar 18, 2020 12:38pm
187 Views
Post# 30822064

Whether ALA is a buy or not

Whether ALA is a buy or notLook folks it depends on your time frame.  Whether you buy at 11.50
or 9.80   if you can hold for a couple of years in my opinion you will make out like a bandit.  Are there more profits to be made elesewhere.  Sure - but no one knows where ... and the utilities will continue with guaranteed payments and th eexport of propane will continue at lower levels and then recover over time.  Will they hold the dividend?  Given their previous drastic action I suspect they will do everything to hold it and with their lowish payout unless this gets much worse they should be able to IMO.  
Bullboard Posts