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Altagas Ltd (ALA-T) opinion on 2017-02-03

Last Price Recorded: 29.1000 on 2017-11-16

ON STOCKCHASE SINCE Feb 2001

oil/gas
COMMENT

David Cockfield
Altagas Ltd was $31.140 at time of opinion
Owned : Unknown

An Alberta utility with some gas pipelines and processing. Buying a Washington DC based utility in Virginia, 2000 miles apart. It is going to take them a year or more for them to sort through all the regulations. Looks like it is accretive. They’ve raised the $2.5 billion externally, and it all went through quite nicely. It doesn’t seem like a natural fit to him. This has a great yield of about 7%.

UNKNOWN

All opinions for ALA-T (355)

80 BUY
12 BUY on WEAKNESS
72 COMMENT
29 DON'T BUY
29 HOLD
3 PARTIAL BUY
41 PAST TOP PICK
4 SELL
1 SPECULATIVE BUY
1 STRONG BUY
70 TOP PICK
6 WAIT
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5 WEAK BUY
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All opinions for ALA-T (355)

80 BUY
12 BUY on WEAKNESS
72 COMMENT
29 DON'T BUY
29 HOLD
3 PARTIAL BUY
41 PAST TOP PICK
4 SELL
1 SPECULATIVE BUY
1 STRONG BUY
70 TOP PICK
6 WAIT
2 WATCH
5 WEAK BUY
View All

More experts covering ALA-T

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Add ALA-T to Watch List
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1 Comment

barney11

February 3rd 2017 at 8:33pm

looked and sounded like Cockfield new very little about the purchase and should have said so. A useless comment.


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