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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

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Post by MyLaughingStockon Apr 24, 2021 8:18am
314 Views
Post# 33061025

Three Canadian stocks are among Credit Suisse’s top picks

Three Canadian stocks are among Credit Suisse’s top picks

The research team at Credit Suisse outlined a list of top picks in global infrastructure stocks that includes a number of Canadian stocks,

“The Global Infrastructure Team’s recent report applied the Dividend Discount Model (DDM) framework to a cross section of regions and infrastructure sub-sectors. In a low interest rate environment, the Team focused on identifying opportunities within and between various infrastructure sub-sectors. In terms of the average required rate of return, Americas ports, APAC power generation, APAC utilities and Americas timberlands had the highest … value while power generation and toll roads had the highest average historical dividend growth rates.”

The accompanying list of top picks doesn’t include a lot of detail but includes domestic firms AltaGas Ltd., Northland Power Inc. and TranAlta Corp.

https://www.theglobeandmail.com/investing/markets/inside-the-market/article-three-canadian-stocks-are-among-credit-suisses-top-picks-in-global/

 

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