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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 RAWCOLTYon Aug 04, 2020 11:46am
188 Views
Post# 31361509

RE:The future is renewables. Buy AQN

RE:The future is renewables. Buy AQNThe nothing but Renewable guys always make me laugh, they don't understand the industry at all....
Renewables are the future yes, but not the last 5 months and certainly not the next couple of years. Renewable takes large amounts of initial capital expenditures for long term savings. Only problem is that all the free money is drying up due to the COVID and the Budget Deficits. There is very little desire to subsidize durring times like this. Natural Gas is cheap, plentiful, burns almost 100% clean and is a Reliable, low cost solution in these money crunch times. Also, you can not match the energy that is compacted in each molecule to Solar or wind!  Also, with little will or desire to use/explore EXPENSIVE battery storage solutions for the same Cost reasons it is assured that ALA will outperform all Renewables over the next couple of years like it has over the last 3 months.
Bullboard Posts