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.

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AltaGas Ltd > ALA still mentionned in this morning Globe and Mail

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Post by bossuon Feb 08, 2021 8:46am

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Post# 32498776

ALA still mentionned in this morning Globe and Mail

This time
« Scotiabank analyst Robert sees upside for selected Canadian utility stocks (my emphasis),

“Sentiment for the pipeline / midstream group has significantly improved since the beginning of November, when oil / NGL [natural gas liquids] pricing and frac spreads started to increase. We have not made significant changes to our commodity exposed margin assumptions yet, but it does provide upside for AltaGas, Inter Pipeline, Pembina and Tidewater … AltaGas is our favourite utility as we see valuation upside as well as the potential for higher Midstream estimates.

Let' s see what will happen in the coming days or at the time of publication of the Finascial Report !

So Altagas look to Robert from Scotia the ''Favorite''
Great choice indeed !

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