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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 Mar 04, 2021 11:28am
146 Views
Post# 32715145

RE:RE:RE: Got around to reading the financial report

RE:RE:RE: Got around to reading the financial reportTD  put the 50% margin on due to the extreme volatility o fthe stock and they review every 3 months  - in calmer markets I expect this will revert to 70%  especially as fewer major players see this as an attractive short sale.  I guess it depends on what you mean by capital appreciation. 

If you mean my personal capital appreciation the dividend and call option income add to that very nicely   But for the company if you compare it with other utilities I think it will compare very nicely - if with health care stocks   not so great ....but then for ALA I doubt we will see it crash 30-50% overnight the way many health care stocks and bio- genetic companies do.  If I see it above 24 this year I am fine and we may well.  If a break up we may see 40 but I do not expect that for a few years.  28 would be a possibility of every card gets played correctly this syear and the market begins a proper valuation..   Sigh  again I say patience....
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