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Pembina Pipeline Corp PMMBF


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

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.


TSX:PPL - Post by User

Post by stockmarket1on Feb 04, 2022 5:30pm
542 Views
Post# 34399753

What's going on??

What's going on??Oil, brent are escalating through the roof while PPL sinks and drags like a slug? What's going on with this? The energy sector is rocking and PPL should be making 52 weeks highs.... as Enbridge has been doing. Why is this not moving? I find it strange that when it begins to show strength towards the $42 range....it pulls back. Are they deliberately keeping this under $42 just to show the dividend pay ratio in the 6% range? Because $42 and above suddenly will show the divy payout below $6.
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