RE:RE:RE:What's going on??Just as PPL earnings didn't get absolutely crushed when oil went negative they will not necessarily be bought on higher oil prices..
They have some commodity exposure but nothing to the same degree as oil producing companies. They mainly earn based on 'tolled' income. Alberta will have to start flowing more oil out of province for PPL to materially see increase pipeline utlization and that just takes time to ramp up... oil companies are rightfully hesitant to commit to increased capex for production gains and will prefer to reward long suffering shareholders.