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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 firstworldon Nov 01, 2022 2:53pm
280 Views
Post# 35064019

RE:RE:RE:About BMO analyst update

RE:RE:RE:About BMO analyst updateSo much volatility and no reason algos are amped up to compensate for investment banking profit collapse. Quick flips are lowest risk and no reason can't make 2.5 - 5% a week. Flipped ALA couple weeks ago for 4 % in 2 days. Bought in again today...might wait till Nazi supporters run out of gas in Feb to sell.
GunnerG wrote: You just bought on Friday and now you are out.  OMG

Like watching a salmon flip flopping on the deck of my boat.


bossu wrote: Out for the momnent in ALA and Birchliff is taking care with a 7,6 % upward direction so far this morning !
Happy trading all



bossu wrote: ''WE are maintaining our ''Outperform ''rating and would continue accumulating ''
Glad to see the note but not sure about the outcome.
''
"Our utilities business achieved record EBITDA growth and our mid-stream business achieved record export volumes''
High mark for the Utility sector but very disapointed with the ''midstrean''sector where they completly miss and underperforme.
Higher transportation cost and a completly ''
hedging failure which can be explained by the high volatility of the Nat Gas pricing.
I just read the Q2  financial note
(and the last one Q3) but they did not delivered according to plan !
So I bougt Friday at $24 52 but not sure to 
stay invested.
On a longer period of time it might be a good bet but time is not on my side.!
Happy trading all



 






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