Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

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

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... see more

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TSX:PPL - Post Discussion

Pembina Pipeline Corp > Can Pembiana reverse the 1.2B imparment charge?

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Post by mnztr on Jun 02, 2021 3:28pm

Can Pembiana reverse the 1.2B imparment charge?

If it merges with IPL starts producing PolyP and now has in house expertise to complete the project that it paused?

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Comment by TVR on Jun 03, 2021 12:21pm

Most of the $1.2 bn impairment charge at the end of 2020 was NOT related to the CKPC PP joint venture. The impairment related to the PP jv was only $321 milllion. The majority of the impairment was related to the California (Ruby) pipeline system $1,396 million, and Jordan Cove $349 million - some of which could get reversed if the Ruby pipeline is recontracted successfully. Since the ...more

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