RE:From the 2020 EBITDA of $ 1 310 B...bossu wrote: From The EBIDA delivered in 2020 $ 1 310 B or 12 % growth from 2019
The projected EBITDA for 2021 $ 1 400 B -$ 1 5 B is way underestimate
Only at RIPET and Ferndale the additional EBITDA Y/Y is a minimum of $ 128 M .because the number of shippement in 2020 was 27 and projection with Ferndale the number of shippement could double in 2021 .
Just adding the increase in the utilities sector in the US for as much as 8 %.
Many other points to consider to the EBIDA total increase 1n 2021
The upper end of the guidance need ''only'' $ 190 M .
Quite obvious that we might see a revised guidance after the Q1 2021 Financial Report.
Still positive outlook.
I think they're being conservative just in case something happens (ie: congestion at RIPET, USD valuation). I don't mind, it's still a nice increase compared to the other companies in the sector for being a conservative one!