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.

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AltaGas Ltd

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Post by junglejameson Jan 09, 2024 8:53am

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Tidewater sells 12.47 million shares yesterday

Tidewater Midstream and Infrastructure Ltd. has sold approximately 12.47 million common shares of AltaGas Ltd. for proceeds of approximately $340-million. The AltaGas shares were acquired as consideration for the previously announced sale of the corporation's Pipestone natural gas plant, Pipestone expansion project and Dimsdale natural gas storage facility to AltaGas.

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