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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 Apr 07, 2021 2:59pm
237 Views
Post# 32950794

RE:RE:RE:Thoughts on the 1st Qtr -21 ... good , bad or indifferent

RE:RE:RE:Thoughts on the 1st Qtr -21 ... good , bad or indifferentI agree  with your hydrogen comments  - there is a long way to go but I do think we will see companies begin to position themselves in the field much as ENB is beginning to do.  There is a premium though at just the mention that a company is beginning to move toward some renewable capacity and I do not expect that premium to disappear. 

Quite apart from this conversation is the catalyst that more progress on the MVP would hav ewhere ALA has a fixed cost cap and a 10% ownership. The projection is still to hav eit operate by 4th quarter - any definite sign of that might allow ALA to get a good price for her portion of the asset although if better financially they could also keep it.. 
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