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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 Nov 24, 2021 3:47pm
293 Views
Post# 34162902

RE:RE:Keystone XL and Biden

RE:RE:Keystone XL and Biden

It wouldn't have had a direct impact on PPL.


The direct impact of more take-away capacity is that the producers might be more easily enticed to increase production due to higher realized prices.

That in turn indirectly impact PPL because increased production would potentially mean more flow through its pipes. The only other way would be to increase the refining & chemical production in Alberta.

In this world, where fear of climate change has reached the upper echelons of all major countries and universities Alberta would be wise to position itself as a ESG leader and build out a low cost carbon capture network that would couple to a clean feedstock & hydrogen production as PPL has suggested with  building the CO2 pipes. 

The net zero $10billion+ Dow facility in heartland area that has been proposed is great news for pipelines in Alberta. 

If the world doesn't want our oil let's clean it up and utilize it ourselves. 

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