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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 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

Bullboard Posts
Comment by born2tradeon Sep 21, 2020 4:29pm
199 Views
Post# 31592742

RE:ALA vs AQN

RE:ALA vs AQNI really like that you share the facts and share useful information.  I certainly have benefited from your posts . Couple of points worth considering :
  • You are absolutely correct based on your experience that AQN returned 3X over last decade compared to ALA that yielded -ve return 
  • Did you consider the dividend paid while calculating return ? ALA before cutting the dividend was paying over 8% 
  • Others on this board  may have different experience and they may also be correct in saying ALA return is higher than AQN . For example - ALA dropped under $9 per share during March lows and those who picked up shares at that time locked in over 10% yield and also price almost doubled since then
  • Historical returns may not be replicated in future. Market is forward looking. AQN has been excellent holding for last decade but there is no assurance that  it would return 3x over next decade. ALA on other hand had its own problems and it may turn out to be better play in future. 
One thing we can probably agree that ALA is more volatite (higher risk/reward) stock than AQN and  just look at Beta for these stocks (ALA 1.66 and AQN 0.34). ALA suits more to high risk takers. 

SargeX wrote: I find it quite interesting that there's a number of pumpers that argue that ALA is a better holding than AQN. I really think that's quite a JOKE!!.



Bullboard Posts