Post by
Undertaker on Apr 29, 2022 2:10pm
Why altagas doesn't change clients NG Transportation Costs?
I do not Understand why they have to pay for Transportation Costs, there is no free Lunch, we all do Business to make money not to loose money.
Comment by
Undertaker on Apr 29, 2022 2:17pm
Did Altagas mentioned anything about Reducing debts ??
Comment by
Capharnaum on Apr 29, 2022 2:36pm
I'm not sure I understand what you want to say here. Which transportation costs are you talking about? What makes you think they aren't charging them to customers?
Comment by
Undertaker on Apr 29, 2022 2:48pm
To Capharnaum, altagas in thier 1Q earnings report of loses 114md in Transportation costs of NG to thier Clients, Why they didn't pass it to thier Customers ???
Comment by
bttmfischer on Apr 29, 2022 4:03pm
I do not know for sure, but as their business is regulated, that cost may have to be approved by the regulatory body(e.g. the Enery Board in Ontario),to pass it on to the customers. This might be a good question to ask of the investor relation people.
Comment by
Capharnaum on Apr 29, 2022 4:56pm
If you are talking about the $114 mil lower EBITDA from the midstream segment , that's not a cost, that's just lower revenues because they sold the US Transportation and Storage business assets in April 2021. Unless you're talking about something else?
Comment by
bushman33333 on Apr 30, 2022 5:30pm
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