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

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AltaGas Ltd > About BMO analyst update

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Post by bossu on Oct 30, 2022 9:31pm

About BMO analyst update

''WE are maintaining our ''Outperform ''rating and would continue accumulating ''
Glad to see the note but not sure about the outcome.
''"Our utilities business achieved record EBITDA growth and our mid-stream business achieved record export volumes''
High mark for the Utility sector but very disapointed with the ''midstrean''sector where they completly miss and underperforme.
Higher transportation cost and a completly ''
hedging failure which can be explained by the high volatility of the Nat Gas pricing.
I just read the Q2 financial note
(and the last one Q3) but they did not delivered according to plan !
So I bougt Friday at $24 52 but not sure to
stay invested.
On a longer period of time it might be a good bet but time is not on my side.!
Happy trading all

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Comment by yureja55 on Oct 31, 2022 12:01am

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Comment by bossu on Oct 31, 2022 10:48am

Out for the momnent in ALA and Birchliff is taking care with a 7,6 % upward direction so far this morning ! Happy trading all

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Comment by GunnerG on Oct 31, 2022 1:47pm

You just bought on Friday and now you are out. OMG Like watching a salmon flip flopping on the deck of my boat.

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Comment by bushman33333 on Oct 31, 2022 6:59pm

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Comment by firstworld on Nov 01, 2022 2:53pm

So much volatility and no reason algos are amped up to compensate for investment banking profit collapse. Quick flips are lowest risk and no reason can't make 2.5 - 5% a week. Flipped ALA couple weeks ago for 4 % in 2 days. Bought in again today...might wait till Nazi supporters run out of gas in Feb to sell.

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