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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 Scotchlight1001on Nov 13, 2021 11:54am
355 Views
Post# 34123191

RE:Disappointed in this stock

RE:Disappointed in this stock In my opinion, money is being pulled out of midstream and utility companies and put into producers to capitalize on the ‘up and to the right’ trend in commodity prices. Altagas dividend should go up as earnings go up. I look at this as a defensive stock. Altagas earnings are better in winter than summer.

Spring would be a better time to sell than now. If I sold now and put proceeds in a producer, I would be fearful of being whip-sawed. I like monthly dividends compared to quarterly dividends.

Good luck if you decide to sell.
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