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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 | T.PPL.PR.G | 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

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.


TSX:PPL - Post by User

Comment by Albatrosson Oct 18, 2021 1:10pm
308 Views
Post# 34018782

RE:RE:RE:Compelling Deal

RE:RE:RE:Compelling Deal

 I concur. BIP saw value at discount rates and devoured. But they will likely regurgitate some of the assets (at a price they deem fit) to pay down debt and prepare for the next meal. I agree with most in thinking BIP will hang onto those pipelines being relatively easy and steady infrastructure related income. But the processing of NGL and plastics production seems a bit out of place for them, but with that being said thats all just my opinion, I could be completely wrong.

I just recently bought into some BIP. They seem to have a knack for finding value on a global scale. I certainly didnt like them taking IPL but Ive moved on.. Im glad I took advantage and saw the same value BIP did and bet the house on it.. sometimes if you can't beat them join them is the best move you can make.

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