Bullboard - Stock Discussion Forum 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... see more

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TSX:PPL - Post Discussion

Pembina Pipeline Corp > Anyone figure out costs

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Post by andy604 on Jun 11, 2021 5:51pm

Anyone figure out costs

Trying to total the cost of this buying binge, i am sure the amount of outstanding shares will double, did anyone do the numbers if we get Inter and Trans mountain? 8-9 billion is not chump change.

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Comment by Albatross on Jun 11, 2021 6:48pm

Well, IPL has 429mil shares, so at 0.5PPL/IPL that's an extra 214.5mil shares added to PPL. *Not sure about this Trans Mountain deal, maybe somebody else can chime in.* PPL currently has a total of 550mil shares out there now. So with IPL combined there will be 764.5mil shares. Try to look at it as more of 'mergers' as opposed to buy-outs. If the underlying business is sound, and ...more

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Comment by andy604 on Jun 12, 2021 1:17am

Thx Albatross, I guess cash will be used for IPL debt and maybe more shares and cash for mountain, I think you are right its a good deal, growing big is where its at .

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Comment by roberto146 on Jun 12, 2021 2:09pm

PPl has a 1 Billion dollar+ share buyback program for more that 27 million PPL shares so if it's fulfilled that would be 737 million shares. Discl: I own IPL. I'm in favor of the PPL/IPL merger.

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Pembina Pipeline Corp