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Enbridge Inc. (ENB $61.01)
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Pembina Pipeline Corporation (PPL $50.24)
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AltaGas Ltd. (ALA $40.37)
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AltaGas Canada Inc. (ACI $33.49)
Q: I assume ALA spun out ACI to reduce debt. Given the positive recommendations on ACI while ALA shares continue to decline, it appears to be short gain for long term pain. Thus, I am confused as to why ALA did this. Also, with ALA in the doldrums, would it make sense to take my loss in ALA and buy ACI? Or should I stick with ALA for greater rebound potential?