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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 Johnwith30yearson Oct 24, 2021 11:19am
243 Views
Post# 34041936

RE:RE:Correction to Bossu's data

RE:RE:Correction to Bossu's dataHi Dragon:   I want people to be clear I do not think ALA goes to $30  after the thrd quarter earnings.  I think they will have to see a decent 3rd quarter even though its weakest,  then a dividend raise either now or after the forth quarter or with December Guidance document; I think the strong total year earnings will need to be out after end of 4th quarter and a strong guidance document of targets for 2022 with language about continued dividend growth .

In addition if interest rate jump fears become too strong the $30 target we speak about may be delayed until th emarket adjusts that change and sees even increased growth for ALA take shape.    That said I am hopeful of seeing $30  sometime in late 2022 but for now by new Year if I see 28 I will be satisfiled.     Cheers  GL
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