Pembina Pipeline Corp T.PPL.PR.G

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

Energy Oil & Gas Midstream

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.

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Pembina Pipeline Corp > Earnings out

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Comment by mrbbon May 14, 2021 3:56pm

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Post# 33205249

RE:RE:RE:RE:RE:RE:RE:RE:Earnings out

If i remember right i think IPL management see $24 as current IPL valuation. Any mis-pricing of IPL in a IPL-PPL merger deal is ok for me as it will be captured by holding PPL shares. I too favor IPL to proceed as per original plan as the finish line is in sight. Why make compromise while we're so close to victory.

cyegger wrote:

autofocus111 wrote: Correction: A PPL-IPL combination would not be a merger of equals PPL has a much higher MC adn EV than IPL. But an all-stock buyout would still be a decent move. Wouldn't take much to beat the BIP offer. Maybe $20-22 per share. I'm certain IPL shareholders would prefer being part of a bigger PPL than losing the compnay to the lousy cash bid by BIP.

My preference would be for IPL to stand pat. I see no reason why it can't, but if it has to go I would be happy to consider more PPL exposure at your suggested price range.

cyegger