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 > From Today's Globe and Mail

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Comment by autofocus111on May 06, 2022 5:41pm

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Post# 34663616

RE:RE:RE:From Today's Globe and Mail

mrbb PPL will do okay fractionating and marketing the propane. But not so sure about the IPL (now BIP) plastics plant. Propane is the key input, and the price has been trending up strongly. That could squeeze margins for the Heartland plant if it continues. Still, strange to see such high propane prices. A few years ago, low cost and abundant source of propane was the driving force for building the PR LPG export facility and the PDH/PP plants. Now the situation appears to have completely changed. It's not clear to me what has caused the prices to move up so significantly.

https://tradingeconomics.com/commodity/propane

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