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.

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AltaGas Ltd

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Comment by Sadie222on Mar 22, 2020 7:13pm

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Post# 30835820

RE:RE:RE:RE:RE:ALA will be unaffected

Utilities can raise their rates when their costs go up, not when their volume goes down.

EagleShine wrote: All depends on Covid 19 spreading casses

Sadie222 wrote: WGL is the utility part Still has ups and downs, but much more reliable and Q1 is normally the best.
The NG part is not regulated. Much of the processing is take-or-pay and at least 50% of RIPET is contracted, but that isn’t a guaranty of anything.

Capharnaum wrote:

TheInsidePoop wrote: Hmmmmm, so the big industrial consumers shut down will be balanced by the laid off workers cooking more at home?

1- It's mostly commercial that's closing, industrials should still be functioning in general as otherwise there will end up being a shortage of goods for consumers.

2- Utilities have kind of a "guaranteed" return, in that usually when volumes are down they can catch up their loss with rate increases (ie: a deffered account for the difference).