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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 Nov 23, 2021 12:58pm
438 Views
Post# 34157736

Just looking at the P/E ratio of ALA

Just looking at the P/E ratio of ALAand it compares very well with any similar companies.  Unless inflastion is runaway then it becomes a harder climate for Utilities but as tehy recover most of it from rising fees to customers if  growth is otherwise strong and export market on their propane  remains strong then ALA is in quite a nice little niche. Analsysts are right to think about 30  12 months out.  I  am targeting a more conservative 28   within 6 months but will revise all estimated after DEc investor day.  Right now I am looking at $1.90 for the full year in earnings which in this climate would boost price to over $27 I predict.

let's see guidance.... 
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