Altagas Ltd (ALA.TO)

Don’t sell. There is nowhere else you can go in the market for contracted long term earnings. This is one of her favourites. The direction this company is going in is export. A recent acquisition lets them export propane and they are into two LNG projects on the west coast. They want to be the first on the west coast to have an LNG project. This will give them the credibility to then build a much bigger LNG project.

This is one of his core positions and he really likes it. A high yielder with growth. His target on this is the mid-to high $50’s. If we got some pipelines approved, that would make a huge difference.

A stock issue was oversubscribed, which is why they stock price increased to the $51 level. Announced a deal with Painted Pony (PPY-T) that gives Altagas the right to market their gas from the Montney play. This whole sector has been really, really hot. You have high dividend yields and good growth. She is reluctant to recommend it as the valuations are high. 3.9% dividend yield. A good, long-term story.

Likes what they are doing. It would be great if we can get some LNG to the coast and get some approvals, because this is one of the companies involved in one of the projects. They do things very well. If you are not sure, just Buy part of it and then add to it. 3.6% yield.

(A Top Pick Dec 20/13. Up 22.5%.) Just loves what they are doing. Extraordinarily well positioned for LNG. They are the only people with a gas pipe line and prospects of an early LNG facility. Have done some acquisitions. Can see at least $53 in 12 months.

Great company. 3 different segments of power, gas and utilities. The utility segment is pretty stable, and generates a nice cash flow. The power segment is where he thinks they’ll have a good project in their Forrest Kerr Hydro that just came online, which would generate a lot of free cash flow. This is also the best way to play the LNG export market.

A core backbone type holding that he likes. The stock has had a tear. This is a growth, pipeline that will mature into a utility over the next little while as they put on more of their power plants. Pays a great yield, and has outstanding growth. 3.5% yield is quite attractive.

(A Top Pick March 25/13. Up 47.58%.) Had been a little concerned about interest sensitivity, and it is no longer as cheap as it was.

(A Top Pick May 2/13. Up 37.44%.) This is a big beneficiary of the western economy. Everything has been going well with them. Have new revenue streams coming in. Well managed.

Buying a Put versus using a Stoploss? Certainly this is an alternative on something like this. You just have to find the right price to do it. He would give this one a little bit of space. The 200 day moving average is down around $41-$42, and there is a nice yield supporting it. You are going to get great dividend growth going forward.

(A Top Pick March 25/13. Up 47.16%.) Now trading at a big, big valuation metric. Company has executed flawlessly. If you own, continue to Hold. It will be really, really subject to interest rate fluctuations. At the first signs of a sustainable long-term increase in interest rates, you have to really be prepared to run for the hills.

Fantastic looking chart. A lot of the gassy/oily types of stocks are moving up. With any of these types of stocks, it could make a return down to its trend line. Before getting in, wait for a bit of a pull back. Energy stocks’ seasonal period of strength tends to end around the last part of April.

Have a lot of great things happening. Just increased the dividend. Forrest Kerr is coming on track and should be on time and on budget. Waiting for a BC Hydro line to give them the tie-in to the grid so the timing might be off for a month or so, but shouldn’t have a significant impact on cash flows. Have a ton of growth prospects ahead of them. Also, have some LNG projects on the books.

This is the only company that has a gas pipeline that they are expanding and are permitting on, so they will have the 1^st LNG plant. A great growth story. Have $2.5 billion of capital projects ahead of them. Earnings have been going up dramatically. Increased their dividends steadily. Yield of 3.62%.

Not cheap. Longer-term track record is good. He could see the LNG being a five-year ramp so there would still be some decent growth. The alternatives in this group are not particularly cheap either.