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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 BSdetector2016on Feb 25, 2021 2:31pm
225 Views
Post# 32659964

ALA will never get out of this range

ALA will never get out of this rangeThere isn't even a hint of life in SP leading up to the purportedly good earnings coming out soon (at least that's what the pumpers would have you believe). Then there is the puny-dend, and years of bad management that have left a sour taste in legacy shareholders mouths. Once they get close to their self-imposed "break-even" points they will be out, so expect selling pressure every time ALA shows a bit of strength. Then there's that brilliant WGL acquisition. It should do just fine when interest rates start rising.
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