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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.


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Post by Possibleidiot01on Jul 28, 2023 4:28pm
439 Views
Post# 35562325

Bruce Campbell -BNN - BUY

Bruce Campbell -BNN - BUY
BUY

Recent earnings report was strong.
Dividend is safe - very good at coverage.
Defensive name with utilities style business.
Current share price good time to buy.
Forest fires tough on business, but overall a good business. 
Higher interest rates weigh on cost of capital - but not overwhelming concern. 

oil / gas
N/A
Not owned


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