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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd > Core holding to have in a portfolio !

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Post by bossuon Feb 01, 2022 3:20pm

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Post# 34386535

Core holding to have in a portfolio !

With all the volatility we are seeing in the stock market it is quite obvious that
the investor is looking in a solid utility/midstream entity and this is what Altagas is offering:a ''core holding''to have and to keep forever.
On top of everything ALA is delivering according to plan .
Debt/normalized FFO to be under 5 very soon and profit to increase on a yearly basis as well as dividend.

Happy investing

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