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 Albatrosson May 08, 2022 12:06am

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Post# 34665120

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

It made sense to ship propane to Asia when it was priced so low in North America. Now that its price has increased in North America perhaps that spread in price differential that Pembina would be capitalizing on is lowered to the point that spending money on more export capacity is not prudent at this time.

I for one and glad they can make those tough calls to hold off on projects before they get too deep into something to back out of.

Companies that fling money this way and that without ensuring the investment is sound often fail to return money to shareholders.

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