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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

Comment by Johnwith30yearson Feb 22, 2021 10:01am
213 Views
Post# 32625319

RE:RE:What to think about the 2020 Financial Report

RE:RE:What to think about the 2020 Financial Report I expect the results to be minimally in the mid-range  estimates and likely higher.  Utilities are meandering in the dog house right now as investors see better opportunities.  But the exports and midstream are becoming more attractive and I think as we see markets getting frothy in other areas by mid year we will see a better climate for utilities - with interest rates staying low utilities dividends will become seen as ever more attracrtive when investors look to longer term security.  Right now there is a lot of money going elsewhere so I expect upward movement from ALA but quite graduallly.     Cheers 
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