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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 marketsenseon Mar 11, 2022 12:56pm
205 Views
Post# 34507112

RE:Under $28

RE:Under $28I agree 100% with the one observation.  The export side of the business is propane
which is doing fine but not as good as LNG.   Would love to see them get involved
with LNG because the market for that product is bigger and expanding.  Europe and 
Asia will be long term markets for LNG suppliers for the forseeable future.   Propane
markets exist because of lack of infrastructure but over time that will change IMO.

That said ALA is going higher on Q1 results and its surprising to me how many
investors are willing to get rid of their shares before those results become public.
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