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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

Energy Oil & Gas Equipment & Services
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

Pembina Pipeline Corp
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Comment by lunduon Mar 22, 2015 11:21pm
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Post# 23549724

RE:pba drip

RE:pba drip
Hi Jack20,

I'm afraid I still don't understand your numbers.  First, I'm assuming PBA is the Pembina listed in New York.  Then I take your 250,000 shares and multiply by the monthly US rate of .1158  approx. as per their latest news release and I get US$ 28,950.  I then take of the 15% withholding tax and I get US$ 24,607.5.  The Canadian exchange rate shouldn't come into it at all and besides it would be a plus not a minus. So then I deduct 5% from the approx. US$ 32.50 (which you said you get from the Drip) and I get US$30.87.  SO I divided US$ 24,607.50 by 30.87 and I get 797.13  US PBA shares.  How do you come up with 660.1160?  What am I missing?  Just wondering.



Lundu 
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