APA Group (APA)Add Company to My Stocks
- Current price: $4.24
- Website: www.pipelinetrust.com.au
APA Group owns and operates Australia’s largest network of natural gas transmission pipelines (used to haul large volumes of gas over long distances, as opposed to the distribution network which brings gas to your stove). The group’s assets are highly regulated, due to their monopolistic nature. Coverage was ceased due to APA's aggressive strategy, which includes selling reliable assets. We prefer infrastructure stocks to be dull and reliable, given the large licks of debt housed within their complicated structures.
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