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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 Apr 22, 2021 10:59am
206 Views
Post# 33044500

Climate change initiatives and ALA

Climate change initiatives and ALACheck out the Mckinsey research on oil and gas prospects under climate action scenarios.

Export market for propane and natural gas will remain strong. Exisitng pips in the ground gain value as fewer new ones permitted.  Some pivoting over next three decades towards alternate fuels, organic natural gas, perhaps hydrogen etc where ALA will get reembursed for investments.  Watch for increasing comments from Randy about preparing ALA for a transition but for the US the basin for their midstream activities takes place will remain much in demand  till at least 2035..

ALA is seriously undervalued so I expect much more upside even as a transition occurrs.
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