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Pembina Pipeline Corp T.PPL.PR.E


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | PPLAF | T.PPL.PR.G | 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

Comment by TheBridgeon Jul 29, 2023 1:10am
354 Views
Post# 35562949

RE:RE:RE:RE:Music

RE:RE:RE:RE:MusicI don't think that it will drop below $40 but I have been wrong on many other occasions. To me, the fact that  the US inflation is cooling down and continued rate hikes in the US and Canada appear to be near an end makes me hopeful that both economics are reasonably solid. The price of crude is currently around $80 which is very supportive of the energy sector. That is also a positive for the pipelines. I personally feel that PPL is actually going to climb into that elusive $50 range sometime this fall. My costs are below $40 but if it drops below $40 I will try to add, unless there are some bad factors that affects the pipelines. As you, I also preferred the monthly distributions as it provided me with the funds monthly to take advantage of other stock opportunties as they came around. Best wishes with this investment!

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