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


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | 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

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 > PPL doesn't need IPL
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Post by hawk35 on Jul 16, 2021 7:13pm

PPL doesn't need IPL

I was glad to hear PPL was reaffirming their offer with no increase.  PPL does not need IPL.  That is the simple truth.  They have so many of their own projects in the queue and two real big ones on the horizon that appeared in the last month (Trans Mountain and Carbon Capture). 

It might be best if PPL walks away with the $350 million.  I don't know if they would buy IPL assets from Brook since I've got a feeling that Brook is bidding real cheap but they will ask a royal premium for any IPL assets they sell.  PPl can afford to pass on that.

Regardless, PPL is headed much higher with or without IPL.
Comment by stocktalk on Jul 16, 2021 9:55pm
Exactly, grab the $350 million and run ! or put the cash in our lucrative projects.
Comment by TheBridge on Jul 16, 2021 10:13pm
Anyone with a non-functional brain would claim that PPL doesn't need IPL. Must they have it ? No! Do they want it? Yes! Why? Because it enhances their operation! It provides an excellent opportunity to grow! It provides them with a petro-chemical plant that they had been planning on building anyway and at a much lower cost than what they would have been able to do on their own. A petro ...more