Pembina Pipeline Corp T.PPL

Alternate Symbol(s): PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | 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

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 > BNN....

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Comment by stockmarket1on Aug 21, 2023 11:47am

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Post# 35597923

RE:RE:RE:BNN....

Well the shares must be factoring something because it's been on a downturn for quite some time now.

SargeX wrote: One of my only concerns on any stock we hold is PPL buying TMX. The other being what happens to the oil side of the TRP split.

Anyway, I'm not sure where the heck you got this comment from but Ryan Bushell definitely did NOT say what you posted.

His actual word for word quote from Market Call top picks is: "There's an overhang on the stock we think potentially because they may or may not purchase some of the Transmpuntain project if and when that were to become available".

That is way different from your incorrect posting and I agree with Bushell that thi is a real concern and is not "overdone".

ace1mccoy wrote: MarketCall Top Picks
Ryan Bushell's comments

Pembina Pipeline (PPL TSX)

We continue to accumulate pipeline companies with six to eight per cent dividend yields. Pembina is in excellent shape with a strong balance sheet and gas volumes set to markedly increase in the back half of this decade due to the startup of LNG Canada next year. The overhang of a Transmountain purchase is overdone in our view. We believe in CEO Scott Burrows’ ability to make careful and accretive acquisition decisions given his track record.