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

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 > MarketCall Top Picks

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Post by ace1mccoy on Nov 30, 2021 2:21pm

MarketCall Top Picks

Ryan Bushell's MarketCall Top Picks
Second in the clip
https://www.bnnbloomberg.ca/video/ryan-bushell-s-top-picks~2333033

Pembina Pipeline (PPL TSX)
Last bought at $38.50
Pipelines handled Friday’s dramatic oil price sell-off remarkably well compared with past episodes which was heartening. The recent departure of CEO Mick Dilger seems to be having more of an effect on the Pembina share price at present, which I believe is overdone. CFO Scott Burrows is a capable and well known replacement with a long runway ahead.

Missteps over the past few years (Jordan Cove, PDH/PP Facility etc) are in the rear view mirror and we are now looking through the windshield at a very positive environment for natural gas in Western Canada, especially as LNG Canada comes into focus in the second half of this decade. Pembina’s 6.5 per cent dividend is well covered and should steadily grow from current levels. The shares are very attractive below the $40 level in our view.

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