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.

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AltaGas Ltd > Q3 Summary: Items worthy of discussions?

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Comment by farlharvon Oct 05, 2021 4:10pm

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Post# 33968566

RE:Q3 Summary: Items worthy of discussions?

Good points for continuing follow up.

I would also mention WGL NG storage facility was sold early this year so they DO NOT have to buy NG to fill their storage caverns. Lowering their expenses for Q3.
NG sales to customers basically flow through. Cold weather a positive factor.

I still believe a large unknown is the percent of C3H8 hedging. Still combing reports. If it is high profits will be lower.

Agree Penn East will have to be written off

Ferndale land purchase has a larger signifigance.

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