RE:Top Pick Today on BNN market Call Pembina Pipeline (PPL TSX)
Though Pembina’s share price is up more than 15 per cent so far this year we think the company is extremely well positioned. The recent purchase of the remaining stake in Aux Sable from Enbridge combined with the final investment decision reached on Cedar LNG are clear growth opportunities for the company. When combined with the prospect of additional volumes through its existing infrastructure network and a solid balance sheet there are not many better positioned companies than Pembina for the next decade plus. Investors also collect a growing dividend with a 5.22 per cent yield while waiting.
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
| PPL TSX | Y | Y | Y |
| ARX TSX | Y | Y | Y |
| KBL TSX | Y | Y | Y |