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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

Post by bossuon Apr 24, 2023 10:56am
352 Views
Post# 35410350

Next financial report ...and some positive notes

Next financial report ...and some positive notesOne thiing iis certain:

Shipping number in theQ1 2023 is 30 % higher than last year at Trigon Pacific Terminal
Totat tonnage 466 352 compare to 358 176
Shipping fom Ferndale is about 75 % for 349 000 tons for a total of 815 000 tons 
and probably 100 000 bar/day
Last year exporting with a first quarter record of 87,967 Bbls/d of liquified petroleum gases (LPGs) to Asia.
The unknown : Hedging procedure Buying/selling
Transportation to be lower ( lower head wind)
Utilities:
The Utilities segment continues to be higher by 8 % or so
Lower operation cost (ARP) program
Exchange rate favorable 

14 analysts recommandation

Yield ar the moment 4,87%
Morning stars 4
Value $ 27,88

D'ont see why result would not be higer and share price accordingly 








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