RE:Cost 356MM, Sale 75MMWhat was a fair price for NATO given the enviroment we are in, forward looking energy prices/growth/demand/pipeline constrictions, etc.? Does anybody know or have any compareables?
Here is some info I have found just quickly:
https://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/energy/files/pdf/2014/14-0173EnergyMarketFacts_e.pdf
Page 28 you can see facilities in Canada.
- Gibsons (Hardisty, AB) y Rail loading facility with initial capacity of 140,000 b/d
- Kinder Morgan & Imperial Oil (Edmonton, AB) y The terminal will connect to both the Canadian National and Canadian Pacific main rail lines. The initial loading capacity will be 100,000 b/d; that could expand to 250,000 b/d.
- TORQ Transloading (Bromhead, SK) y Expected to be southeastern Saskatchewan’s largest crude-byrail terminal, with proposed maximum capacity of 168,000 b/d
This would be a good place to start looking at these transaction costs, if possible.
It also looks like PAA made some acquisitions that we could compare against:
https://www.businesswire.com/news/home/20121205005536/en/Plains-American-Pipeline-Acquire-Crude-Oil-Rail
If someone wants to run these compareables that would be great. Otherwise I will try to do so later on and share my findings.