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 > What to think about the 2020 Financial Report

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Comment by Capharnaumon Feb 22, 2021 11:32pm

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Post# 32634002

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

bossu wrote: Hedging and ''tolling ''to the Japaneese market looks to me a bit problematic and with the natural gas price ''exploding''they are OK for some time but what about 9 months from now ?

Since Altagas is a conservative business, I'm fine with hedging. Don't forget that they hedge a spread, which limits both downside and upside, making that revenue stream more steady.

I'm ok with results being in a $23-35M range instead of having a wider 0-55M range. Makes results much more consistent.

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