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

AltaGas Ltd

Bullboard Posts

Comment by JohnSPon Jul 28, 2020 12:24am

148 Views

Post# 31328685

RE:What i'm expecting from the FR

Bossu I will be very disappointed if EBITDA < CAD231 M for Q2, why:

1) 2019Q2 = 203
2) As you estimate RIPET = +28
3) Utilities is 60% of business, so 208 x 0.6 x 0.09 = +11
4) Interest Reduction = +4?
5) Total 2020Q2 Estimate = 247, +22% over 2019Q2 ! ! !

The bad news is Mr Market knows 3) and 4) and they are baked into SP, but 2) Ripet may give a bit of Gap Up in SP on Thursday after PR before the bell.

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features