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.

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AltaGas Ltd > BMO comment

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Comment by marketsenseon Apr 29, 2022 2:22pm

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Post# 34643187

RE:RE:BMO comment

Yes, the analysts are all in love with ALA now. I can eaily see this backing off over the
next 3-4 months and then start to recycle back up again towards the fall. This has
always been a seasonal type name with the best Qtrs over the winter. That said it
is getting stronger each year so the highs and the lows are moving up in tandem. The
next catalyst I'm looking forward to is the MVP completion and the earnings it will bring.
One has to be patient in buying or adding IMO and wait for your entry or reentry point
but then those lofty targets of $34-$36 targets are not unrealistic.

MS

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