Pembina Pipeline Corp T.PPL.PR.G

next CEO

[FairMount]

The board is expecting 6-12 months for the new CEO to be chosen

[stockmarket1]

That's ok. Chosing the right CEO takes time and it should. Tara on BNN covered PPL earlier and by the sounds of it....PPL is in good shape entering the new year. Dividend is solid and the numbers covered look great. We should be over $40 soon imho. 

[autofocus111]

Dividend is solid but unlike PPL, both ENB and TRP did not put raises on hold during the pandemic. Both these alternatives have yields comparable to PPL. What I liked about PPL was their bold project moves, but haltinig the plastics plant (and still on ice) combined with the failed attempt to buy IPL left a sour taste, especially now that JC LNG is dead. Now they're chasing an LNG alternative

[autofocus111]

12 months is way too long to run headless. Plowing ahead on early stage CedarLNG but leaving the plastics plant in limbo? Why focus on this new project when you already had a viable one? I'm not impressed. Tempted to walk away after many years holding this and roll the proceeds into TRP and/or ENB here.

[autofocus111]

So in the end it took the BOD only 3 months to fill the CEO position. Now bring back the dividend increase pronto. It's been two years since it was last raised.