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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 26, 2021 12:40pm
182 Views
Post# 33067170

RE:RE:RE:Finaly recognized by many analysts and the list is longer ..

RE:RE:RE:Finaly recognized by many analysts and the list is longer ..Yes  I see a cycle  whereby analysts as a group tend to overly enthusiastic followed by  over pessimism followed by cautious optimism  and then a few short quarters where things might be in balance followed by wild enthusiasm again until they are proven to hav ebeen again way to optomistic.
Unless ther eis a possible split of the company   I think if analysts start putting this up above 28 as a target over the next two years  they would be back in their overly optimistic cycle again.  
But the 24-25 targets all look very realistic to me.  
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