Pembina Pipeline Corp T.PPL

Alternate Symbol(s): T.PPL.PF.E | T.PPL.PR.A | PMMBF | PBNAF | T.PPL.PR.C | T.PPL.PR.E | PPLOF | 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 | PBA | PPLAF | T.PPL.PF.B

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.

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Pembina Pipeline Corp > An Interesting Cycle...

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Comment by mrbbon Jun 08, 2021 4:40pm

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Post# 33349583

RE:An Interesting Cycle...

No, people who still hanging onto ipl can let ppl close the deal and auto convert to PPL share at 2 for 1 ratio.

BlueJay2020 wrote: PPL share price rises above Brookfield's offer, causes IPL shareholders to sell IPL and buy PPL - this further pushes up the PPL SP and has a downward pressure on IPlLs SP, causing more IPL shareholders to bail out, and so it carries on.

In the end, the only ones left in IPL will be those refusing to sell out for less than $24, but will probably end up selling to Brookfield for under $20.