Earnings
September 16, 2018 - KEG.UN
The Keg Royalties Income Fund - Q2-2018 Earnings .....
September 15, 2018 - BPF.UN
Boston Pizza Royalties Income Fund -Q2-2018 Earnings Update .....
September 14, 2018 - SPB
Superior Plus Corp - Q2-2018 Earnings & Price Target Update .....
September 13, 2018 - TRP
TransCanada Corp. Q2-2018 Earnings Update .....
September 12, 2018 - HR.UN
H&R REIT Q2-2018 Earnings Update .....
September 9, 2018 - FTS
Fortis Inc. Q2-2018 Earnings - Price Target Update .....
September 8, 2018 - EMA
Emera Inc. Q2-2018 Earnings & Price Target Update .....
September 7, 2018 - WIR.U
WPT Industrial REIT - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, DIR.UN, EXE, DR, INE, more...

Pembina Pipeline Corp. Q1-2018 Earnings & Price Target Update

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

Pembina Pipeline Corporation (PPL-TSX, PBA-NYSE) has been providing transportation and midstream services to the western Canadian petroleum sector for over 60 years. Pembina owns and operates: pipelines that transport conventional and synthetic crude oil and natural gas liquids produced in western Canada; oil sands, heavy oil and diluent pipelines; gas gathering and processing facilities; and, an oil and natural gas liquids midstream facilities, and logistics business. With facilities strategically located in western Canada and in natural gas liquids markets in eastern Canada and the U.S., Pembina offers a wide range of midstream and marketing services.

During the past 12 months $5B of capital projects have been placed into service with $1.9B more to come into service during 2018 and potentially $10B after 2018. In addition the acquisition of Veresen which closed in Oct-2017 was valued at $9.4B, including the assumption of Veresen debt and preferred shares. Dividends were increased by 5.9% effective for the Oct-2017 and by another 5.6% in May-2018. Pembina now reports revenues in three segments - Pipelines, Facilities and Marketing & New Ventures. Total assets as of Mar-31-2018 were $26B up from $15B at Dec-31-2016.

Veresen Acquisition

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


Login
Username
Password
New Issues & Acquisition
September 14, 2018
New! Coverage Universe - Weekly Price Changes Sept 7-14, 2018
September 7, 2018
Coverage Universe - Weekly Price Changes Sept 1-7, 2018
September 6, 2018
Aecon Group Inc. - New Convertible Debenture
September 6, 2018
Bank of Montreal 4.85% Rate Reset Preferred Shares New Issue
September 5, 2018
Brookfield Infrastructure Partners LP - 5.1% Minimum Rate Preferred Units New Issue
September 4, 2018
TD Bank 4.75% Rate Reset Preferred Share New Issue
August 31, 2018
Coverage Universe - Weekly Price Changes Aug 24-31, 2018
August 24, 2018
Coverage Universe - Weekly Price Changes Aug 17-24, 2018