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Bullboard - Stock Discussion Forum 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... see more

TSX:ALA - Post Discussion

AltaGas Ltd > Mountain Valley Pipeline
View:
Post by Bushman3333 on May 10, 2021 7:12pm

Mountain Valley Pipeline

Altagas should take advantage of petroleum  price high and sale it shares in MVP ,its like hot potatoes, they could  get at least 2bd instead of 750md, and reduce debts under 5bd, that would jack up altagas share price above 30bucks.
Comment by bossu on May 10, 2021 7:28pm
Mountain Valley Pipeline, LLC, a joint venture of the following partners: EQT Midstream Partners (45.5%); NextEra Energy Resources (31%); Con Edison Transmission (12.5%); WGL Midstream (10%) and RGC Midstream (1%) Good investment but a small one and nothing to be excited about ! What EBITDA will this 10% ownership will generate to ALA ? What is the ALA investment in this play ?  
Comment by OOOOMM on May 14, 2021 7:00am
I guess it all depends on the size if the project. This is a 6 billion plus venture. Mountain Valley will add to the bottom line, especially in this new era where getting pipelines approved and built is a monument task in itself. The value of the pipes in the ground alone becomes more profitable everyday. Good compromise here with a 10% stake. ALA is not getting in over their heads. Let's Send ...more  
Comment by Bushman3333 on May 14, 2021 9:30am
I  do like your attitude towards altagas and what relys ahead,thumbs up, have a good one. 0000MM. 
Comment by rfguysd on May 18, 2021 12:13am
When politicians and regulators get involved ,  projects can  go south very quickly.  What was a great  3.7B project to be completed in 2 year (2018)  is now costing 6.2B and is scheduled  to be completed in late 2021.... and frankly I would not wait around for that date either.  What should be a one paragraph description of the project  is now a whole page ...more  
Comment by pointer on May 10, 2021 7:47pm
This post has been removed in accordance with Community Policy
Comment by Bambam3333 on May 13, 2021 1:27pm
Pointer, you are a piece of Sh@it Iam not bushman nor Iam french man Iam Newfie 100%Newfie,Long live Newfoundland and Labrador.
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