Earnings
July 22, 2018 - PWF
New! Power Financial Corporation- Q1-2018 Earnings and Price Target .....
July 21, 2018 - POW
New! Power Corporation of Canada Q1-2018 Earnings and Price Target .....
July 19, 2018 - GWO
Great-West Lifeco Inc. Q1-2018 Earnings & Price Target .....
July 18, 2018 - SLF
Sun Life Financial Inc. Q1-2018 Earings & Price Target .....
July 17, 2018 - MFC
Manulife Financial Corp. Q1-2018 Earnings Update .....
July 15, 2018 - MRG.UN
Morguard North American Residential REIT. Q1-2018 Earnings Update .....
July 14, 2018 - MRT.UN
Morguard REIT Q1-2018 Earnings Update .....
July 13, 2018 - AGF.B
AGF Management Ltd - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
T, ACR.UN, CUF.UN, BLX, EMA, 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
July 20, 2018
New! Coverage Universe - Weekly Price Changes July 13-20, 2018
July 13, 2018
Coverage Universe - Weekly Price Changes July 6-13, 2018
July 9, 2018
Atrium Mortgage Investment Corp. 5.5% Convertible Debentures New Issue
July 6, 2018
Coverage Universe - Weekly Price Changes June 29-July 6, 2018
June 29, 2018
Coverage Universe - Weekly Price Changes June 22-29, 2018
June 23, 2018
Coverage Universe - Weekly Price Changes June 15-22, 2018
June 15, 2018
Coverage Universe - Weekly Price Changes June 8-15, 2018
June 13, 2018
Firm Capital Mortgage Investment Trust - New Convertible Debenture