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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

Post by Johnwith30yearson Dec 10, 2020 12:48pm
481 Views
Post# 32077504

FTS vs ALA

FTS vs ALAFTS has been the darling in this space for a long time - and deservedly so... We can see it is just 10.96 off its high for the past 12 months whereas ALA is off 14.03% as I write.

But this suggests to me there is more runway room for ALA at this stage.  Even a return to last year's high would take us to 22.74  which would be not too shabby a gain.

I would buy FTS when it dips on sale  and it is still a good buy for the long term. 

Dividend though shows about 3.83 %  which is one reason I favour ALA right now plus its price to book is still much lower.  If you can handle volatility for a few years I think ALA wins out... ON any given day or week no one really knows ( including Vega :) )

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