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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

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Post by Johnwith30yearson Feb 03, 2021 12:42pm
235 Views
Post# 32459319

Does anyone here not think we will exceed last year's

Does anyone here not think we will exceed last year's high of $22.76?     Assume that is where we end up this year so the gain is $14.95 %  from here with a nice 5.29% dividend for a total increase of 20.24%.

But My projection of $24 is no lomnger the high among analysts so if we do reach 24 this year then excluding any option income I make by rolling and adjusting. we hav einstead an increase of 21.12% plus the 5.29 % increase for a total gain of 26.41%.

Considering it is a mix of utility and midstream that is an excellent return especially when one can see this growing over the years  especially if they eventually hive off one business from the other...
I assume I add about another 3-5% from various option income for myself.  So in a borrowing environment of around 3%  and less for margin accounts    the merits of ownership in this stock add up..  This is why I am overweight and remain so.   A company split  after debt is lowered in a few years could mean a very significant gain as then we might see the $40.00 range on that action  - which may be part of Randy's plan from ther beginning although he always indicates it is too early to talk about that but he is not adverse at the right time... GL   PS buy below 20 while you can...IMO
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