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Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  PBNAF | PPLAF | T.PPL.P.A | T.PPL.P.B | T.PPL.P.C | T.PPL.P.E | PPLOF | PMMBF | T.PPL.P.G | PMBPF | PBA | T.PPL.P.I | T.PPL.P.O | T.PPL.P.Q | T.PPL.P.S

Pembina Pipeline Corp (Pembina) is a Canada-based energy transportation and midstream service provider. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, storage and rail services in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and Natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities, including buying and selling products and optimizing storage opportunities.


TSX:PPL - Post by User

Comment by Antonyiuson Jan 06, 2022 10:19pm
327 Views
Post# 34291569

RE:Pembina financing

RE:Pembina financingPembina is bigger so they are able to fund the project easier. IPL struggled in the beginning but if it wasn't for covid Heartland would probably be online by now. IPL was this close to coming back to being a $30 stock when the plant fires up but the management decided to take the easy pay out and sell to Brookfield for a nice discount and screw over the retail shareholders. If Pembina didn't make a bid Brookfield would've walked away with an even more ridiculous deal.
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