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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd > Comparing ALA with INE and BLX

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Post by BSdetector2016on Mar 28, 2021 7:56am

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Post# 32894385

Comparing ALA with INE and BLX

INE and BLX are renewable energy stocks, and they've had one heck of a run long-term. They are taking a breather now. ALA is a gasser and has had a long stumble down hill (YES it has pumpers; look at the chart). ALA has remained range-bound for over two years. What do you think ALA will do when the war on climate change intensifies? How do you think renewable energy stocks will respond?

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