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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

Post by Johnwith30yearson Oct 27, 2021 3:57pm
364 Views
Post# 34056062

Serious Post for Investors

Serious Post for InvestorsHi all:

 In the current climate with interest rates on the rise, being the weakest quarter, and with Short sellers on the Prowl it is possible that even a stellar report tomorrow will not necessarily move the needle upwards immediately. The bigger moves up may come in a few weeks or even months as th emarket settles and we move with ALA into one of its two strongest quarters and await their guidanc edocument that comes out about December 10th.

If it is a very strong report then the gain may be reflected immediately  - but unless you are a trader I expect that the following months will be higher than th eclose tomorrow.

So read the report and listen or watch for the conference call discussion  - then wait to see what analysts do with the earnings in their reports.  Its a tricky market just now but the fundamentals of ALA will work out.  So I advise against a quick sell unless their is some material change in the positive progress reports that we have had over the last few quarters.  

If you are in for a quick trade then you will know your price targets up or down.

Investors though in my opinion now hold a great longer term stock.    GL to us all. 


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