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AltaGas Ltd T.ALA.PR.B


Primary Symbol: T.ALA Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | 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

Post by bossuon Aug 25, 2022 9:04pm
562 Views
Post# 34921447

A gost coming back from his ashes...

A gost coming back from his ashes...Still having a quick look on this ''dying'' bullboard.
It look to me that everybody has gone overboard .
The idea of my post is to inform that Ripet activities are going much better than planed 3 years ago.
Originally the budget was based on a  1 200 000 tons per year.
Acccording to the last Prince Rupert Port activities 
ALA has been shipping 971 172 so far this year and it is a 16 % Y/Y increase .
What is worth noting is that the probable shippement in 2022  should be about  1 666 000 tons and a 38 % better than estimated .So a big investment from ALA and the 100 % ownershipped is another very good move by Randy and it's team.

By the way, I did say to you all a year or so ago  that I have opened  a TFSA to my dauther's  name and this idea was a super ''HIT'' .and yield impressive as well showing her the ABC of investing and how to manage a self directed portfolio.

Why not tranfering some funds before the ''exiit''day !

Finally ALA is a good bet on a long run but Bossu have a shorter view at 84 but still active on the overall stock market .
Note:
:The idea of my post is just to stimulate the Community.

Happy trading all


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