From todays Globe and Mail Scotia’s top picks in the high-dividend pipeline and energy infrastructure sectors
Scott Barlow
Published 7 hours ago
Scotia analyst Robert Hope recaps the firms’ recent energy infrastructure conference and reiterates his top picks in the sector,
“We recently hosted Scotiabank’s annual Energy Infrastructure Conference, which included participation from 16 power, utility, pipeline, and midstream companies. In terms of sentiment, what a difference a year makes. Last year, energy sentiment was quite dour while this year the midstream management teams were very upbeat. The renewable power companies continue to see significant investor interest, but questions on valuations remain. The utilities look attractive to us on valuation and outlook, but interest is muted from investors. Our favourite names are Keyera in the pipeline and midstream space, AltaGas in the utilities, Northland in the power space and Topaz in the royalty space.”
“Scotia top picks in pipelines and energy infrastructure”