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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 Jul 13, 2021 7:45am
174 Views
Post# 33534769

RE:However on a six month...

RE:However on a six month...Higher EBIDTA?  Oh yes on a comparison with last years same quarter earnings will show substantial improvement. But we know it is one of their two soft quarters. They are using a shipping strategy whereby they will load at whatever terminal makes more for them at a given time. So it is the total shipments up about 10% to be considered.  When the price of natural gas has risen so much compared with last year they do gain some additional benefit as well on the shipping arrangements. The markets will be pleased I think with 2nd quarter results 
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