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

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Post by rfguysdon Mar 10, 2021 11:18am

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Post# 32762688

FEI and Edmonton Spot Price Propane

Maybe we should be discussing this ...here is something interesting ($). I would think this will provide a good qtr for ALA.

FEI -May contract $538 usd/tonne. = $42.36usd /bbl
Edmonton Spot $272 usd/tonne = $21.42 usd/ bbl

Difference $21 usd /bbl

It is also expected that it will take several months before ASIA market returns to a more normal demand cycle.

FEI propane contracts:

https://www.cmegroup.com/trading/energy/petrochemicals/argus-propane-far-east-index-swap-futures.html

How clever is ALTAgas trading desk?
Hedges may be more important than you think but noone really understands them?

GLTA
RFguy

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