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

AltaGas Ltd > I do expect Altagas next year around 30 bucks

<< Previous

Bullboard Posts

Next >>

Comment by Dragon1on Apr 29, 2021 2:05pm

187 Views

Post# 33094548

RE:RE:I do expect Altagas next year around 30 bucks

I was around then and we did overpay WGL and had to sell some great assets but the plan was to have mostly a regulated utility with predictable and stable growth.Ripet and Petrogas have done so well that we are now driving down debt faster than expected.We should have regular div and share price growth going into the future and hopefully see $30 again in a couple of years.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages