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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 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.


TSX:ALA - Post by User

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Post by bossuon Feb 02, 2022 9:55pm
321 Views
Post# 34391692

Actual propane price..

Actual propane price..Just a copy of what a Birchliff   follower  is saying:
''Also, a big jump in Propane prices to $1.31 US /gal ($53 /bbl) today.''
Nat gas price is higher in Canada but LPG price in Asia is also sky-rocket-ing and ALA is well position  for a  healthy  EBITDA increase.

On the Utilities revenu in the US , ALA is cashing more with the weather situation and big savings from the investment in the gas distribution and  infrastructure system  they are refurbishing .

ALA is managing the right way and bottom line to be greener !

Bossu love the storey and what about you ?


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