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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 28, 2021 4:43pm
255 Views
Post# 32682341

RE RE:RE:RE:RE: ALA vs. CPX

RE RE:RE:RE:RE: ALA vs. CPXI'm happy the thread sparked some discussion. In spite of all the number crunching the market decides SP. The fact of the matter here is that ALA has not recovered from the Cornhill implosion of 2018. It is still in the penalty box and range-bound, placed there by the market. Also, to paraphrase Sarge, ALA doesn't know what it wants to be when it grows up. It's a sort-of Utility and a sort-of Midstream. To top it off, the good assets were sold-off to pay for WGL. Has anyone tried to factor in what rising interest rates will do to that? Looking in the rearview mirror sheds light on how a company is perceived now. Why is Cornhill still there? 
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