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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 marketsenseon May 02, 2021 2:02pm
170 Views
Post# 33110935

RE:RE:RE:Competition from Watson near Prince Rupert

RE:RE:RE:Competition from Watson near Prince RupertGreat post.   One can readily see the bottleneck issue involving rail only.   This is going to cause
delays in scheduling.   CNR doesn't care,   their profits are fantastic.  The Feds don't care
but they should.   Just another example of stupid thinking.   Pandering to enviro groups 
and natives might win you some votes but not smart for the whole country.   You don't get 
much tax revenue from natives and their cultural heritage or from enviro groups but that is
exactly what the country needs or it is heading down the road to broke.

Years ago,  when the north east coal opened up for export to Asia,  the Feds and BC gov't
bent over backwards to develope those resources and get rail and power lines to the coal
mines and to tide water on the west coast for seamless export.   Now they can't get a pipeline
built for all the surplus gas we have for LNG or propane export.    A country with no vision
that continues to squander opportunities will soon be not much of a country.   Sadly,  that
is Canada.
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