|Bid||25.26 x 0|
|Ask||25.32 x 0|
|Day's Range||25.16 - 25.42|
|52 Week Range||22.82 - 30.06|
|PE Ratio (TTM)||78.06|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||2.19 (8.71%)|
|1y Target Est||28.75|
With high yields, Ferrellgas and AltaGas are interesting investment options for income investors, but they aren't of equal quality.
To commemorate National 811 Day in the nation’s capital, Washington Gas is showcasing major progress made across all three of its service territories in Maryland, Washington, D.C. and Virginia to significantly reduce damage to natural gas lines caused by unsafe digging. In the United States, every nine minutes an underground utility line is damaged because of digging by individuals who do not call 811 beforehand. One of the leading causes of gas leak emergencies in the country are damages to underground gas lines by individuals and contractors performing excavation work such as digging, boring and directional drilling.
U.S. energy regulators have told EQT Corp and other companies building the $3.5-$3.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia to stop all construction. The action by the U.S. Federal Energy Regulatory Commission (FERC), in a filing on Friday, followed a July 27 order from the U.S. Court of Appeals for the Fourth Circuit that vacated decisions by the Department of the Interior's Bureau of Land Management (BLM) and the Department of Agriculture's Forest Service authorizing construction of Mountain Valley across federal lands.
AltaGas Delivers $166 Million in Normalized Second Quarter 2018 EBITDA and Maintains 2018 Outlook
A U.S. appeals court on Friday vacated decisions by two federal agencies that allowed EQT Corp to build its $3.5 billion to $3.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia across federal land. The case is the latest victory in the U.S. Court of Appeals for the Fourth Circuit by the Sierra Club and other opponents of the pipeline.
EQT Corp said Thursday it delayed the targeted completion of its $3.5-$3.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia to the first quarter 2019 from late 2018. Analysts have said the project was in danger of being delayed due in part to legal challenges by environmental and other groups to a permit issued by the U.S. Army Corps of Engineers, among other things. Mountain Valley is one of several big pipelines expected to enter service over the next year to connect growing output in the Marcellus and Utica shale basins in Pennsylvania, West Virginia and Ohio with customers in other parts of the United States and Canada.
AltaGas Ltd., a Canadian pipeline, natural gas-processing and power-generating company, said Chief Executive Officer David Harris has stepped down as the board investigates a complaint against him. AltaGas didn’t describe the complaint, but said in a statement Wednesday that it isn’t related to strategy, operations or financial reporting. Founder and Chairman David Cornhill and board member Philip Knoll will serve as interim co-CEOs of the Calgary-based company until a replacement is found.
Canadian utility AltaGas Ltd on Wednesday said David Harris has resigned as chief executive officer. The company said the resignation follows a complaint, which is under review by the board. Founder David ...
CALGARY , July 25, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) announced today David Harris has resigned from his position as President and Chief Executive Officer effective immediately. Mr. Harris has also resigned from his position on the AltaGas Board. "My tenure at AltaGas has been a privilege – whether it was driving key projects to completion like the Northwest BC Hydroelectric Facilities, or leading AltaGas as CEO for the last two years during a time of transformational change," said Mr. David Harris . "AltaGas has exceptional assets, and is poised to become a leader in the new energy economy.
LONDON, UK / ACCESSWIRE / July 18, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Oil & Gas - Midstream industry: Inter Pipeline, AltaGas, Keyera, and Gibson Energy. The TSX Venture Exchange shaved off 2.52 points, or 0.35%, to finish at 713.11. Today's stocks of interest consist of: Inter Pipeline Ltd (TSX: IPL), AltaGas Ltd (TSX: ALA), Keyera Corporation (TSX: KEY), and Gibson Energy Inc. (TSX: GEI).
CALGARY , July 10, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today that the July dividend will be paid on August 15, 2018 , to common shareholders of record on July 25, 2018 . The amount of the dividend will be $0.1825 for each common share. As previously announced, AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash Purchase Plan (the "Plan") for eligible shareholders of AltaGas.
Moody's Investors Service, ("Moody's") downgraded the long-term ratings of WGL Holdings, Inc. (WGL, senior unsecured to Baa1 from A3) and its subsidiary Washington Gas Light Company (Washington Gas, senior unsecured to A2 from A1). WGL's P-2 commercial paper rating and Washington Gas' P-1 commercial paper rating were affirmed.
NEW YORK , July 5, 2018 /PRNewswire/ -- Visteon Corp. (NASD: VC) will replace WGL Holdings Inc. (NYSE: WGL) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, July 11 . AltaGas ...
CALGARY , July 2, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) and WGL Holdings, Inc. (WGL) (WGL) announced today that they and the other parties to the unanimous settlement agreement dated May 8, 2018 , have accepted the conditions outlined in the June 29, 2018 written Order of the Public Service Commission of the District of Columbia (DC PSC) approving the combination of AltaGas and WGL (the WGL Acquisition). A statement of acceptance was filed with the DC PSC today.
"We are pleased the DC PSC is prepared to unanimously approve the proposed combination of AltaGas and WGL," said David Harris , President and Chief Executive Officer of AltaGas. "The Commission indicated the written order will include certain additional conditions, in alignment with the unanimous settlement agreement.
Given the energy industry’s dependence on commodity prices, the sector tends to be cyclical and profitability can be highly variable. However, after the 50% plunge in oil prices in 2014,Read More...
CALGARY , June 22, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) announced today that it has successfully completed the sale of a 35 percent indirect equity interest in the Northwest British Columbia Hydro Electric Facilities (the "Facilities") for $922 million , which implies a value of $2.6 billion on a 100 percent basis. The sale of the interest in the Facilities is part of the larger funding strategy related to AltaGas' acquisition of WGL Holdings, Inc. ("WGL"), and represents almost half of the approximately $2 billion in asset sales to be raised. AltaGas remains confident in completing its long-term financing plan over the next several months and continues to advance discussions for the monetization of additional assets.
** Comcast Corp offered $65 billion for Twenty-First Century Fox Inc media assets, emboldened by AT&T Inc prevailing over the Trump administration's attempt to block a merger with Time Warner Inc. ** AT&T Inc won court approval on Tuesday to buy Time Warner Inc for $85 billion, rebuffing an attempt by U.S. President Donald Trump's administration to block the deal and likely setting off a wave of corporate mergers.
AltaGas Announces Sale of 35 Percent of the Northwest British Columbia Hydro Electric Facilities for Over $920 Million
CALGARY , June 11, 2018 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) announced today that the June dividend will be paid on July 16, 2018 , to common shareholders of record on June 25, 2018 . The amount of the dividend will be $0.1825 for each common share. As previously announced, AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash Purchase Plan (the "Plan") for eligible shareholders of AltaGas.
LONDON, UK / ACCESSWIRE / June 7, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Oil & Gas - Midstream industry: Inter Pipeline, AltaGas, Keyera, and Gibson Energy. The TSX Venture Exchange gained 7.25 points, or 0.94%, to finish at 775.10. Today's stocks of interest consist of: Inter Pipeline Ltd (TSX: IPL), AltaGas Ltd (TSX: ALA), Keyera Corporation (TSX: KEY), and Gibson Energy Inc. (TSX: GEI).