Altagas Ltd (ALA.TO)

Good, mid-streaming company. More stable than your typical oil/gas producer, because they are not as affected by oil and gas pricing. A little bit expensive here and will probably drift down with sentiment with the oil/gas producers over the next 6 months. If it got back to the $30 level, it would be pretty good value.

Some of these energy stocks are trying to show signs of a bottom. The October low has certainly held and has bounced up quite aggressively from that level. If that low holds, that might be your tradable low for this company and other energy stocks. This is potentially a double bottom, a good sign for a possible trade in to the end of the year. You want to entertain this more towards the period of seasonal strength, which starts mid January, but for now it looks like a great trade.

Although this is in the energy sector, he looks at it as more of a utility company. They have a couple of Hydro projects in BC. This has allowed them to raise their dividend and he sees this going up quite substantially now that the power plants are up and going. At some point, they could move this out of the energy sector and into the utility sector, and it would be one of the top growing utility companies. Dividend yield of 4.27%.

(A Top Pick Dec 20/13. Up 14.69%.) One of his favourites. The only people with an LNG project. Although very small they will have it in operation before anyone else. Have a gas pipeline to the West Coast. Have a lot of projects underway. Good management. Doesn't think a mid-$50 target is unrealistic. There are a lot of projects ahead of it. A really good Buying opportunity in the mid-$40.

(Altagas (ALA-T) or Emera (EMA-T) as a core stock for the long-term with a growing and sustainable dividend?). This has been one of his personal favourites. It has a combination of midstream and utility assets. Has a tendency to do a lot of financial engineering, and effectively that sometimes creates a discount to the stock. Feels the value is in Emera, mainly because of its ability to raise dividends consistently and grow its earnings-per-share numbers.

The market could still have some volatility. Chart shows it has broken its longer-term up trend, so there might be some congestion here. If you love this company and want to be there, it is okay to step in at this point.

He always tries to own some infrastructure. These are great long term investments. The problem is that the valuation is extreme. A great company that is on his list, but he finds others elsewhere that are cheaper.

It is sitting on support and you need to see it hold at these levels. Their business has become more regulated in the past few years. They have a big pipeline of opportunities going forward. He has no problem buying more in low parts of a trend.

A lot of these companies are looking a lot more attractive today than they did a short time ago. This is one that you could buy today.

He does not have a fear of rates rising in the next 12-18 months. Multifaceted mid stream generator. The dividend can escalate based on the capital they will spend in the next couple of years. Buy below $45. Expects dividend increases.

Well managed company. Cash flow and earnings per share were gang busters last quarter. This is an opportune time to buy this company. Driven down by an interest rate scare.

Not just for the gas. They are well diversified. They have power and utilities. Strong growth profile and much is from long life contracts. They have a great track record with projects on time and on budget. They set themselves up for low risk growth opportunities. Valuation is really attractive.

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.