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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 WalterWhyon Apr 21, 2020 2:14pm
192 Views
Post# 30935193

RE:RE:March 2020 Ridley and YTD Volume

RE:RE:March 2020 Ridley and YTD VolumeI was watching this and also missed the extra shipment (but I won't complain that it's there).
Regarding the US$, I know in the long run, a stronger US$ helps ALA, but on any given quarter, I assume that they hedge the currency risk away?  Happy to be wrong here, since the Loonie has dropped quite a bit relative to US$ since this pandemic started.

bossu wrote: I think you miss at least one load..
But I thought that the exportation was lower than the loading just announced  at the Prince Rupert Port.
Good information and this is another positive contribution  to  the Q1 2020 EBITDA number.

Another positive factor is the stronger US $ that will add to the EBITDA.

By the way my EBITDA number is $ 510 M for the Q1 and this is my'' barometer''and a ball park figure.
Any number over $ 510 M would bring a greater swing to share price and this is the reason why I add to my actual holding.



Bullboard Posts