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Pembina Pipeline Corp T.PPL

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

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, and storage 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, commodity arbitrage, and optimizing storage opportunities.


TSX:PPL - Post by User

Bullboard Posts
Comment by splurgeon Mar 13, 2013 10:59am
217 Views
Post# 21122427

RE: RE: RE: Big sell off tomorrow and for the rest

RE: RE: RE: Big sell off tomorrow and for the rest

Perhaps they were shorting on the way up after $30.80. They would also know if they have buyers ahead of time by talking to clients although they are not allowed to "premarket the deal." In any case these brokerage houses have a large internal client base (discretionary and non discretionary accounts) that will most likely soak up a good portion of this issue. This will not be disruptive too long. These projects going forward are like utility type situations with a rate of return on a deemed equity component. The banks would never allow them to fund all these massive amounts just with debt so it was inevitable and is factored into their rate of return when they plan the projects. No worry..they will make a good return on this equity.

Bullboard Posts