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 > Pembina should aquire Heartland

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Comment by mrbbon Jan 20, 2022 4:01pm

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Post# 34339156

RE:RE:RE:Pembina should aquire Heartland

yah, that was how bipc stole ipl, with the cash bait.
I'm sure both ipl and ppl investors are into pipeline for the long haul and wouldn't mind owning more ppl shares. Beside, if i'm correct, the share conversion wouldn't trigger a taxable event. I think brookfield outsmarted ppl, by knowing what the institution fund managers wanted, as institution want to reduce or exit oil and gas holdings in general.

roberto146 wrote: "Pembina did not have the money then, and don't have it now."

The offer for IPL was paper only - no cash. I was surprised they didn't just bump up the paper offer, considering they had cancelled their own polypro plant deal earlier.