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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 Johnwith30yearson Mar 11, 2021 11:22am
304 Views
Post# 32772597

A thought

A thoughtLots of folk ar elooking at the past 52 week high and seeing we hav ejust exceeded it.  But I would use 2020 precovid as a good starting point The high last January was about $22.76  and that was before a dividend increase and the growth now being demonstrated and lower debt rates.  I wrote some time ago:  Does anyone seriously not expect to see ALA exceed that 22.76 rate this year.

Our recent rise is only the beginning  so again I would advise it is not too late to add to or take a full position. The only thing dragging me back a bit these days is the option protection I had on part of my position for extra income but I have removed most of that now eithe rby rolling up and out or by removing altogether.   There is more to come here.  Just when is  the question but  sooner rather thanlater for a further nice bump IMO. 

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