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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 rustybladeson Nov 17, 2021 11:33pm
247 Views
Post# 34139263

RE:RE:Slow and steady decline...

RE:RE:Slow and steady decline...The longer the stock flatlines the juicier the dividend increase in December. They raised too little last year and disappointed many retail investors. They need a 10% dividend raise this year if they want the stock price to grow.

Capharnaum wrote:
mbuch wrote: with slowly rising rates.

Don't think this has much upside anymore.

Sit and collect dividend or take profits?
 


Altagas will still grow faster than comparables/economy (7-10% growth), so there should be further upside. At some point, there will also be upside from the midstream/utilities split.


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