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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

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

TSX:PPL - Post Discussion

Pembina Pipeline Corp > Happier to See This Purchase Than Buying Gov Bondoggle
View:
Post by DeanEdmonton on Dec 14, 2023 9:41am

Happier to See This Purchase Than Buying Gov Bondoggle

Thr Receipt price is a tad on the low side but I get why. Issue is not a big percentage of the existing float, great assets being purchased that they already know well, immediately accretive and they aren't overpaying. No negative impact to the dividends. Quite happy about this, share price will recover quickly.

Comment by Al42 on Dec 14, 2023 9:59am
Issue was closed at 9:00 am this morning on RBC DI
Comment by Eastbank on Dec 14, 2023 10:11am
Issue was closed on TD WEBBROKER before 9pm Wed evening! GLTA
Comment by bttmfischer on Dec 14, 2023 10:50am
As I own both PPL and ENB (both preferreds and common shares) I look upon this purchase as a win-win transaction for both companies. I also see that the board od directors of Pembina is prudent, and not making risky acquisitions. 
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