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 > BMO analyst update

<< Previous

Bullboard Posts

Next >>

Comment by marketsenseon Jul 30, 2021 1:51pm

264 Views

Post# 33632781

RE:BMO analyst update

Looks like everything is on track for a move up to the $28-$29 range according to the analysts.
Every segment of the business outperformed yet the BMO analyst was surprised by the weak
opening. We all know why.

I would expect now over the next few months to see it back off because of the weak 3rd Q.
How much is the question though. There is lot of buying interest in the name now and the
weakest Qtr of the year is only weak relatively to their strongest ones meaning its not that
weak. If there is any kind of significant weakening, it will be a buy and I will be buying.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario