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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 27, 2021 5:43pm
208 Views
Post# 32679976

RE:RE:RE:Quite disturbing...

RE:RE:RE:Quite disturbing...Dry powder is always important. However if the tech bubble burst I do no texpect to see safe habour stocks like utilities get hit in fac tthere may be a run for cover. The March crash for ALA was I thin a reflection of utter uncertainty about how bad the pandemic would be but with vaccinations increasing  and Asia sales growing I think another black swan event  highly unlikely for the regulated utilities.. Risk on has drawn money away from stocks like FTS but I think in normalized markets utilities and gas export will do well.      ...My take. 
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