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 > AG Finally Shoots Long Dead Alton Gas project in Nova Scotia

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Comment by commonsense9on Oct 23, 2021 7:10am

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Post# 34040330

RE:RE:RE:AG Finally Shoots Long Dead Alton Gas project in Nova Scotia

Thanks for pointing that out. I made a nice chunk of cash on ALA (2018?) when the SP took an absurd dive. Over reaction to the news of the moment. I was watching them because I live near this project. So I guess I was able to capitalize on not believing their project management reputation / fantasy. Was not going to stick around after making my quick gains- and have stopped watching.

Just curious- did they ever face any questions about that writedown?

$100million looks a bit low to me. Sso there may be more this week.