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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 rustybladeson Oct 19, 2021 12:27pm
179 Views
Post# 34022941

RE:Special reason to hold ALA going into earnings

RE:Special reason to hold ALA going into earningsYep, They could call the midstream business Altagas and the utility could be called  umm how about WGL

Johnwith30years wrote: .............
However if you go back 12 months to the conference call discussion there was a lot of interest in discussing the possible split of the company to try to create two clean entities for investors to perhaps realize full value - one in the utilities filed and one in the midstream.  Randy acknowledged then that this idea may have merit but that he was not ready to do so until he had integrated Petrogas ful;y into their operations and shown the efficiencies possible.
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