Earnings
June 24, 2017 - HR.UN
New! H&R REIT - Price Target Update .....
June 22, 2017 - BCE
BCE Inc. -Price Target Update .....
June 21, 2017 - T
Telus Corporation - Q1-2017 Earnings Update .....
June 20, 2017 - DR
Medical Facilities Corp. Q1-2017 Earnings & Price Target Update .....
June 17, 2017 - PEY
¨Peyto Exploration & Development Corp. Price Target Udpate .....
June 16, 2017 - IPL
Inter Pipeline Ltd - Price Target Update .....
June 15, 2017 - TRP
TransCanada Corporation - Price Target Update .....
June 14, 2017 - EEP
Enbridge Energy Partners LP - Review & Price Target Update .....
Recommendation Changes
IPL, RNW, INE, BEP.UN, REI.UN, more...

Inter Pipeline Ltd - Price Target Update

This is only a sample of the article, please login to view the entire article

Inter Pipeline owns and operates energy infrastructure assets primarily in western Canada, and also the United Kingdom, Germany, Ireland and Denmark. Inter Pipeline is comprised of four operating divisions located in two geographic segments. The oil sands transportation business, NGL extraction business and conventional oil pipelines business operate in western Canada, the bulk liquid storage business operates in Europe. The Oil Sands Pipelines segment generates a 48% of funds from operations, NGL Extraction - 27%, Conventional Pipelines – 19% and the Bulk Liquids Storage - 9%. They gather 40% of production from the Canadian Oil Sands, transport 15% of conventional Canadian crude volumes, process 40% the natural gas exported from Alberta, and they are the 3rd largest independently owned tank storage business in Europe. The primary area of growth had been in the oil sands pipeline segment until the acquisition of Williams Co. Canadian assets. Total assets are approximately $10.1B including the acquisition from Williams Co.'s that added $1.35B in Sept-2016.

Acquisition of Williams Co. Canadian Assets

Inter Pipeline acquired Williams . (WMP-NYSE) Canadian natural gas liquids midstream businesses for $1.35B in Sept-2016. Williams Canada pioneered the process of extracting NGL and olefins from offgas, a by-product of bitumen upgrading operations in the oil sands region. Assets acquired include two liquids extraction plants located near Fort McMurray, Alberta, a fractionator near Redwater, Alberta and a pipeline system that connects these facilities. The two extraction plants have the capacity to recover approximately 40,000 barrels per day of NGL and olefins from the upgrader offgas. The liquids mix is then separated into marketable products at the Redwater fractionator and sold across North America.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 23, 2017
New! Weekly Price Changes June 16-23, 2017
June 20, 2017
New! BMO 4.4% Rate Reset Preferred Share New Issue
June 16, 2017
Weekly Price Changes June 9-16, 2017
June 9, 2017
Weekly Price Changes June 2-9, 2017
June 7, 2017
Firm Capital Mortgage Investment Trust - New Convertible Debenture
June 3, 2017
Weekly Price Change May 27-June 2, 2017
June 2, 2017
Algoma Central Corporation - New Convertible Debenture
June 1, 2017
American Hotel Income Properties REIT LP - New Convertible Debentures - US Dollars