Bullboard - Stock Discussion Forum Pembina Pipeline Corp PMMBF

Primary Symbol: 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 | 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... see more

Add To Watchlist

TSX:PPL - Post Discussion

Pembina Pipeline Corp > Brian Madden - BNN - Buy

View:

Post by Possibleidiot01 on Jul 26, 2023 6:50am

Brian Madden - BNN - Buy

BUY

It isn't immune to the oil price though doesn't have a lot of raw commodity exposure. Its pipelines move 2.8 million barrels of oil and it scores 11 million barrels of oil. Also processes 5 billion cubic feet daily of natural gas. 70% of their revenues are take-or-pay contracts, plus 20% are fee-for-service. It's like a toll road. Pays a yield of 6% and trades at 15x PE, in line with peers. PPL is a reliable compounder over time, 8% annual compunded return.

pipelines

$41.860