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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 imal4iton Oct 06, 2020 10:38am
129 Views
Post# 31673090

RE:RE RE:Ebitda history...../share and share price

RE:RE RE:Ebitda history...../share and share price
As of yesterdays close:
A $20.27 investment will buy you $7.54 worth of equity in AQN
And give you a 4.178% dividend
A $33.08 investment will buy you $24.38 worth of equity in CU
And give you a 5.32% dividend
A $39.23 investment will buy you $34.10 worth of equity in CU
And give you a 8.26% dividend
or
A $16.12 investment will buy you $28.35 worth of equity in ALA
And give you a 6.00% dividend
 
ALA was brutally punished for its purchase of WGL. Its share PRICE dropped to rediculously low levels. The VALUE of the companies assets,however, still hold signifcant worth.  The analysts have started to improve their ratings for ALA. It is very rare to get more than what you pay for.  Bargains can't last forever. Eventually ALA's share price will have to go up. Bossu's chart showing the Ebitda history is a confirmation of this.  The Ebitda in 2017 resutted in a $28 share price.  The projected Ebitda for 2020, if achieved,  should produce similar results .  It may take some time but it will happen.
Bullboard Posts