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Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  T.PPL.P.O | T.PPL.P.Q | T.PPL.P.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

Energy Oil & Gas Midstream
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

Pembina Pipeline Corp > Wow... Pembina shares are free falling...
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Comment by stockmarket1on Oct 04, 2023 10:27pm
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Post# 35670252

RE:RE:RE:Wow... Pembina shares are free falling...

RE:RE:RE:Wow... Pembina shares are free falling...If that is the case then. PPL could fall a lot farther since that is still a long way off. The shares could possibly drop another 10% or so? 


mrbb wrote:
stockmarket1 wrote: Once again today..another 52 week low. Dropping like a rock. HMMMM

my thinking is the fed likely to pivot in 2024.  The economy is showing sign of weakness, and 2024 is election year (in the US).  The fed might be jacking rates up in 2023 so they can lower it in 2024, hopefully lifting the utilities back up.


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