Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL.PR.E

Primary Symbol: T.PPL Alternate Symbol(s): PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | 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 > Comments copy from TDWBDI :>O

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Post by TimeBuilder on May 06, 2022 9:36am

Comments copy from TDWBDI :>O

06:24 AM EDT, 05/06/2022 (MT Newswires) -- Scotiabank noted Pembina Pipeline's (PPL.TO) quarter was well ahead of its expectations on the back of strong Marketing contribution. And the company increased its 2022 guidance range to reflect the strong Marketing environment, though Scotia noted its other businesses are also performing well. Pembina is moving forward with the Phase VIII expansion, which Scotia was not expecting, and views favourably. Scotia sees this project representing near $1/sh of value and drives its target price higher. Pembina continues to be one of Scotia's favourite names, and in the bank's view, is "well positioned to benefit from the current strong commodity price environment."

New Target of C$55.00, from $54.00. Rating, Sector Outperform.

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