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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 Dragon1on Nov 02, 2022 9:58am
349 Views
Post# 35065958

RE:Confused with ALA

RE:Confused with ALAI've been in way back when the div was double and sp over 30$.The idv is solid and analysts still recommend buying which I am doing at this level.The 3rd Q is always the worse and I think there is a over reaction.This is essentially a utility with an increasing client base with regulated rate increases.The mid stream NG business can fluctuate but with acces to the Japanese and Korean makets and lots of room for expansion at RIPET and Ferndale,I wouldn't worry for a long position.
I always buy under 25$.
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