OTCPK:ICPVF - Post by User
Comment by
birdie22on Jul 20, 2019 12:22pm
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Post# 29942892
RE:analyst Greg Newman less than enthusiastic on IPL
RE:analyst Greg Newman less than enthusiastic on IPL
Inter Pipeline
(IPL-T)
July 18, 2019
Good news, bad news. Missed Q1. Sees no growth in this name. It's expensive. They're building a plant, which carries execution risk, and their debt's going up. Nice dividend of 7-8%, supported by an 83% payout ratio. If you like this area, try Pembina instead. But this stock is OK here.
OIL PIPELINES
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Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$22.470
Owned
Unknown