RE:RE:QUESTION ON CURRENT STOCK PRICEI believe they need to acquire, likely Keyera.. take advantage of the KAPS project cash flow once it's commissioned next year.
M&A is the quickest route for new Cash Flow for Pembina.. projects take a long time + lots of CapEx to get there..
~TGC.
Albatross wrote: I'm just throwing darts... Think it has to do with some lost momentum in the company growth.
-Polypropylene plant cancellation?
-Jordon Cove Cancellation? & reduction in potential for Ruby pipeline?
It is unfortunate they didn't get IPL because that would of continued the growth story immensely.
Still bullish on the stock and I enjoy the dividends. With that said I'm always hunting around for unseen value.