Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA

Alternate Symbol(s): ATGFF | AGASF | ATGPF | T.ALA.PR.A | T.ALA.PR.B | T.ALA.PR.G | T.ALA.PR.H | 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 > Bad Reporting

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Post by farlharv on Sep 19, 2024 11:23am

Bad Reporting

It appears, on the US side, Misinformation about dilution. A mish mash of news from August 31, 2023 with a news release from September 2024. Should return to recent share price.

The offer follows the company’s Aug. 31 announcement that it acquired multiple midstream, storage and terminals from Tidewater Midstream and Infrastructure Ltd. for CA$650 million (US$480 million).

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Comment by farlharv on Sep 21, 2024 10:44am

Seems like the error in reporting I found on Yahoo finanace is not the cause. This is probably to do with news not public yet. Speculation on my part it is financial reporting issue, regulatory, contractual failure or major equipment failure. It cannot be a simple divestiture.

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Comment by Janniem on Sep 21, 2024 11:45am

You have no idea what you are talking about therefore you should stop speculating. I could find no information on an error in reporting, I checked. Also contacted investor relations. I think in the future you should post your articles you are commenting on,

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