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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd > It has taken

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Comment by farlharvon Oct 22, 2021 9:49am

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Post# 34036874

RE:RE:RE:RE:RE:RE:RE:RE:It has taken

Well stated John.

I would add that if AltaGas keeps the increasing cash flow their P/E should remain consistent.
Pay down debt or use it for growth projects. Share price rises

Share price appreciation over the last 6 months has far exceeded the income from dividends. Dividends have produced $1 a year and Capital Gains $6.50. Capital Gains are taxed at lower rates than dividends.

Dividends put food on my plate but Capital Gains will leave a legacy.

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