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Posted by
Two Blokes Apr 17 -
Filed in
Stock
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AltaGas Ltd. operates in midstream energy and utilities, offering stable cash flows and a 3.18% yield, higher than the S&P 500 and MSCI Canada indices. Despite trailing peers in total return over ten years, AltaGas has outperformed Canadian midstream peers in the past three years, suggesting potential for future growth. AltaGas's utility segment faces challenges in Washington, D.C., but opportunities exist in Michigan and from data center growth in Ashburn, Virginia.
