AltaGas (ALA) has notable insider buying

AltaGas (T:ALA) has notable insider buying

Allan Leslie Edgeworth, a Director, acquired 1,500 Common Shares on a direct ownership basis at prices ranging from $13.100 and $13.730 through the public market on March 11th, 2020. This represents a $20,190 investment into the company's shares and an account share holdings change of 3.7%.

James Harbilas, a Senior Officer, acquired 15,000 Common Shares on a direct ownership basis at prices ranging from $13.140 and $13.150 through the public market on March 13th, 2020. This represents a $197,226 investment into the company's shares and an account share holdings change of 47.6%.

AltaGas Ltd is a Canada-based diversified energy infrastructure company. It operates through three segments: Midstream Power and Utilities. Its Midstream transacts more than 1.5 billion cubic feet per day (Bcf/d) of natural gas. Its Midstream business includes natural gas gathering and processing, natural gas liquids (NGL) extraction and fractionation, transmission, storage, natural gas and NGL marketing. Its Power segment is engaged in the generation and sale of capacity, electricity, and ancillary services and related products through power facilities in Alberta, California, Michigan, and North Carolina. Its Power segment includes 695 megawatt (MW) of operational gross power generation capacity from gas-fired, solar, biomass, and energy storage. The Utilities segment serves customers through ownership of regulated natural gas distribution utilities. The Utilities business also includes storage facilities and contracts to interstate natural gas transportation and storage services.