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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

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 May 16, 2023 6:28pm
1023 Views
Post# 35451302

Today's downturn..

Today's downturn..Pembina downturn today I think was a result of Enbridge situation. Below taken from another forum....


About Enbridge 

“Canada invoked the treaty’s dispute settlement provisions because actions to close Line 5 represent a violation of Canada’s rights under the treaty to an uninterrupted flow of hydrocarbons in transit,” the embassy said.The key word there is “temporary,” van de Biezenbos said.“The pipeline treaty makes it clear that you can order temporary shutdown of international pipelines between the U.S. and Canada for public safety reasons,” she said.“If there is a shutdown that’s ordered because of the flooding, then as soon as the flood risk has been abated, then the pipeline has to be brought back online.”
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