Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 marketsenseon Dec 21, 2021 1:02am
197 Views
Post# 34249272

RE:RE:RE:RE:Brutal day

RE:RE:RE:RE:Brutal day If ALA was a customer your concern might be valid however they are not a 
customer which is buying but a company who is selling a commodity to customers.
In this sense I think they are in the same boat as all utilities.   To maintain their
profit margins,  they will have to go to the Regulators and ask for price hikes.

ALA  however,  has no such impediment when it comes to their Asian customers.
They will simply renegotiate their Asian contracts to maintain theri profit margins
and pass their costs on.

So at the end of the day,  ALA will not require a 6.5% growth rate to keep pace
with inflation IMO.   If they do end up struggling which I very much doubt,  there
is always the sell button but I have no intention of doing that quite yet.
<< Previous
Bullboard Posts
Next >>