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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 WalterWhyon Oct 08, 2021 4:47pm
339 Views
Post# 33990535

RE:RE:RE:You were asking about Hedging Effect

RE:RE:RE:You were asking about Hedging Effect
Johnwith30years wrote: Hi Walter:   When you read the second quarter releases and financial report you will see that there is both a hedging effect and a volume effect.  Overall when demand is strong for their products the overall pricing environment has a positive effec ton their volumes and their earnings  - the effect of the hedging is that they do not make out like bandits when prices rise but also protect themselves if prices fall.   There is very strong demand and volumes will be strong.  Also the majority of earnings now over in utilities will soldier on with growing demographics and more recuperable investments into preventing as many leaks.  The land they purchased at Ferndale recently also augers well for future investments.  I think we will soon hear more talk of their hydrogen plans.  Cheers John 


Thanks again, John.  Hopefully the next 30 days brings a positive report out of their earnings.

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