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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Comment by Johnwith30yearson Mar 11, 2021 4:50pm

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RE:RE:RE:RE:RE:A thought

Comments about a weaker US dollar: I found it informative in Randy's remarls or maybe the CFO that they have debt denominated US dollars as well so the revenue offsets the debt costs without too much hit to the bottom line. I think he said a five cent drop impacted ALA negatively by $35 million in EBITDA or about .12.5 cents per share but they have taken into account alower dollar in their EBITDA guidance already..

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